1502-s-live-oak-dr

Excellent investment opportunity in rapidly developing area. Five single family brick ranch homes, zoned non conforming commercial, on close to 3 acres, with approx. 300' total frontage on 17A/South Live Oak. With zoning approval, possible uses could be gas station, convenience store, hair salon, day care operation, senior living facility, medical office, professional office, or other commercial retail use. Properties are available individually or as a package of 5 with an asking price of $499k. Addresses are 1460,1462,1500,1502 & 1506 S. Live Oak. **1460 S Live Oak offers approx 97' of Frontage on 17, 3 Br 1 Ba, 1008 sq ft, fenced in yard and a detached 2 car garage, on a .38 acre lot. **1462 S Live Oak is located on a rear lot, Large 4 Br 2 Ba, 1796 sq ft, very nice interior, full bath and walk in closet off the master bedroom, separate laundry area, nicely updated Kitchen, outdoor patio, large front yard, fenced rear yard, detached 1 car garage, on a .35 acre lot. Note: The rear side of this home could be accessed via Mullinax Lane, which may be beneficial to certain commercial or retail applications. **1500 S Live Oak offers close to 100' of frontage on 17, 3 Br 2 Ba, 1326 sq ft, large mature Oaks enhance the fenced in rear yard, attached 1 car garage and a detached 1 car garage, on a .4 acre lot. This building was once rented commercially as a boat repair shop. **1502 S Live Oak is located on a rear lot, 2 Br 1 Ba, 797 sq ft, large front and rear yards, storage shed, carport, on a .46 acre lot. **1506 S Live Oak offers close to 100' of frontage on 17, 4 Br 1.5 Ba, 1512 sq ft, tiled kitchen, hardwood floors in main living areas, nice trees and foliage in the front, huge outdoor patio and a large rear yard, relatively new metal roof and an attached 2 car garage, on a large 1 acre lot. This property could perhaps be subdivided, or 3-4 mobile homes added in the rear for additional income. All five homes are rented, slightly below market value, to keep good tenants. Annual gross income is $53340.00 Rental income could be substantially increased if homes are improved to conforming commercial. Great location next to the corner where 17A splits leading to Moncks Corner or Pinopolis. High traffic count road recently expanded to 4 lanes with sidewalks. The 17A/S. Live Oak and 52A area between Summerville/Goose Creek and Moncks Corner is a rapidly growing area with numerous residential, retail and industrial developments, such as Cane Bay with new schools, grocery and shopping, FoxBank Plantation, Roper St Francis Hospital, new Dollar General Store, and more. Acreage, sq ft. etc are estimates, buyer to verify if important. MLS Numbers are 1222844,1222848,1222850,1222851,1222852.