601 603 Semaht Street
Charleston, SC 29412
$970/Sq Ft
3 bd · 639 sqft · $970/sqft
About This Home
Turnkey James Island income property featuring two fully renovated dwellings on a rare 0.24-acre lot with ample off-street parking, located in unincorporated Charleston County.The property includes a 2BR/1BA main residence and a separate studio ADU, both fully renovated down to the studs in 2022. Combined, the property offers approximately 1,155 SF of living space with independent layouts, modern finishes, and strong functional separation.In-place rental income totals $3,800/month ($45,600 annually) with the main home renting for $2,200/month and the ADU for $1,600/month. No HOA. Owner covers water and landscaping only. Estimated NOI of approximately $30,000 annually.The oversized lot and parking configuration provide flexibility rarely found on James Island and support multiplebuyer profiles including long-term investors, owner-occupants seeking rental offset, or hybrid-use buyers.
Property is located in unincorporated Charleston County, where short-term rentals are permit-driven. Buyer to independently verify zoning, permitting requirements, and intended use. No STR income has been assumed in current financials. A rare opportunity to acquire a compound-style property with proven income, recent major renovations, and long-term optionality in one of Charleston's most desirable submarkets.
Property Details
Overview
- Directions
- Hwy 17 Towards Charleston, Turn Right On To Main Road Turn Left On River Road Turn Left On Maybank Highway Turn Right Onto Riverland Drive
- Mlsareamajor
- 21 - James Island
- Taxmapnumber
- 3431500075
- Structuretype
- Single Family Detached
- Countyorparish
- Charleston
- Zoningdescription
- Conforming
- Constructionmaterials
- Stucco, Wood Siding
Interior Features
- Heating
- Ductless
- Interiorfeatures
- Ceiling Fan(s)
Exterior Features
- Roof
- Architectural
- Otherstructures
- Yes
Lot And Land
- Lotsizearea
- 0.23
- Lotsizeacres
- 0.23
- Lotsizeunits
- Acres
Systems And Utilities
- Sewer
- Public Sewer
- Utilities
- Dominion Energy, James IS PSD
- Watersource
- Public
Financial Information
- Listingterms
- Cash, Conventional, FHA, VA Loan
Listed by Justin Gaskill · PHD Properties
Location
- Address
- 601 603 Semaht Street
- City
- Charleston, SC 29412
- Community
- Stono Shores
- County
- Charleston
Schools
- Elementary
- Murray Lasaine
- Middle
- Camp Road
- High
- James Island Charter
School assignments may change. Contact the school district to confirm.
Information deemed reliable but not guaranteed. Provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
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