120 Fred Street
Summerville, SC 29483
- – beds
- – baths
- 4,972 sqft
- 8,712 sqft lot
- $311 per sqft
- 1980 build
- – on site
This Fully leased multifamily investment opportunity located in downtown Summerville SC. comprised of 8 units, the building underwent a full renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. This low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors. This property is just blocks from Downtown Main street. Don't pass up this opportunity to invest in the #1 ranked suburb in the USA for 2025!Each unit has its own power meter, water is shared for the building. Sale is for the building and .19 Acres of land with frontage on Fred Street. The vacant land facing W 5th North Street is not part of this offering, but could also be purchased for an additional $100,000.00. This lot has a preliminary site plan for 3 single family home lots., but could also accommodate townhomes or small commercial development.
Last checked:
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Last updated May 19, 2025
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MLS# 25013797 —
The Building
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Year Built:1980
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New Construction:false
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Structure Type:More than 4
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Entry Location:Ground Level
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Building Area Total:4972
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Building Area Units:Square Feet
Interior
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Stories:2
Location
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Directions:From N Cedar Street Turn On Fred Street. Property Will Be Towards The End On The Left.
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Latitude:33.030513
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Longitude:-80.171154
The Property
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Property Type:Residential Income
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Other Structures:No
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Lot Size Acres:0.2
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Lot Size Area:0.2
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Lot Size SqFt:8712
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Heating & Cooling
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Cooling:true
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Heating:Wall Unit(s)
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Heating:true
Schools
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Elementary School:Alston Bailey
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Middle Or Junior School:Alston
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High School:Summerville
The Community
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Subdivision Name:None
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/19/25
May 19, 2025
|
Listed / Active | CTAR | $1,550,000 | 97.5% |
|
9/20/24
Sep 20, 2024
|
CTAR | $785,000 | -4.8% | |
|
7/9/24
Jul 9, 2024
|
CTAR | $825,000 |
