- Overview
- Description
- Property Details
- Location
- Getting Around
Deal Alert? 
Street View
$1,299,000
8 Beds
-- Bath
4,310sqft
902 Royal Tern Ln #A B C D, Mount Pleasant, SC 29464
$1,299,000
Get Pre-Approved
Multi Family
Built in 1976
$-- HOA
0.16 acre lot
$301/sq.ft
Description
902 Royal Tern with a rare opportunity to acquire four town-home style units in South Mount Pleasant, one of Charleston's most desirable submarkets.All comprised of 2 bed 1.5 bath. Unit B is intentionally vacant for showings/Sale. Can be leased within a week on average according to seller. All units are month-to-month for income growth potential, and current income is A ($2,200), B (Vacant), C ($1,950), D ($2200). At 1.299M, the asset reflects a 5.2% cap rate on in-place income, assuming $2250 a month rent for Unit B. Current rents are below market, with comparable two-bedroom units averaging $2,620, creating strong upside potential. Pro forma rents at market levels sugg...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: August 26, 2026 at 2:54 pm
- Listing Provided by: Jake Stradling , Mary Beth Wichlei (843) 460-8999 | Align'd Properties
- Source: CHS Regional MLS | MLS#: 26024180
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
4,310 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
CHS Regional MLS
MLS Number
26024180
MLS Status
Active
Days on Market
2
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
