1416 Chancellor Street is a $795,000, 1,280 square foot, 3 bedroom, 2.0 bath home on a 0.25 acre lot located in Edisto Island, SC.
Back on market at no fault of the home nor the sellers! The buyers home sale did not go through so the buyer had to back out of contract just days before closing. Already past the Home Inspection, the CL-100, and the appraisal, so this home is ready-to-go! Well on its way to having a record year with rental income if it keeps going like it is!Excellent rental history for this meticulously renovated 1 story, 3 bedroom, 2 bath beach house. Rental revenue $70,000 for Feb to Nov of 2023! Could have been more, but the owners enjoyed many weeks for themselves and blocked off 3 weeks in December for showings. Multiple rentals on the books for 2024 already. New kitchen and bathrooms, HVAC, tankless hot water heater, leveled floor system, just to name a few items. Top ofthe line linens and bedding give this rental home excellent reviews. Enjoy 2 driveways, 2 screened in porches, a large patio, outdoor shower, tankless water heater, and a 14 x 20 shed in the back yard that would make for a fun game room! Quick walk to the beach past only 7 houses. On crawl space, so no steps to climb with groceries or luggage. Flood Insurance $2,299 per year and Homeowners Insurance $7,076 per year.
Based on information from the Charleston Trident® Multiple Listing Service, last updated 03/04/2024 at 03:00pm MST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.