$ 125,000 2011 Highway 17 #1600p

Agent's Comments

Great Investment Opportunity! Much Sought after 1 Bedroom/1 Bath Condo with Excellent Long Term Lease History. Currently rented. The Meridian complex is very well maintained, has 33 acres of beautiful grounds, and is 4 miles from Isle of Palm and 1/2 mile from Towne Center shopping. Easy commute to downtown Charleston. This is one of the Silver Package Units which has a fireplace. Located at the BACK of the 2nd floor, it overlooks an expansive lawn and wooded area. A very quiet and private unit. This unit has not been updated and priced accordingly. Heat Pump replaced in 2102. MULTIPLE POSSIBILITIES for use: Retain current renter beyond existing lease term.(Renter has been in unit for several years); Purchase as an alternative to a dorm for student who will be attending local college.Purchase to use as personal primary or secondary home once the current lease expires. One bedroom units do not come on the market often. Low monthly regime covers clubhouse, pool, tennis, picnic/bbq areas, playground and ponds, walk/jog trails, lawn maintenance, trash pick-up, cable tv hook-up availability. Regime fee also includes risk insurance (fire, flood, liability.) Additionally, there is boat storage available for a small fee. A $700 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.