902 Royal Tern Lane #A B C D
Mount Pleasant, SC 29464
8
Bed
0
Bath
4,310Sqft
0.16Acre(Lot)
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 renovations. 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 ($2,100), B (Vacant), C ($2,000), D ($2000). At 1.299M, the asset reflects a 5% 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 suggest annual income could exceed $125,760, yielding an 6.3% CAP.(Some Photos contain Ai Staging)
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Roofing Information
Architectural -
Interior Features
Ceiling Fan(s) Roof: Architectural Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Heating: Electric Cooling: Central Air WaterSource: Public
-
Building Information
Year Built: 1976 Construction Materials: Stucco -
Exterior Features
Foundation Details: Slab
-
Lot Information
Lot Size Area: 0.16 Lot Size Units: Acres Lot Square Feet: 6,970 Lot Acres: 0.16 Stories: 2 Main Square Feet: 0.16Property Information
Property Type: Residential Income Structure Type: Quadruplex, Townhouse Subdivision: Shemwood II
-
Elementary School: James B EdwardsJunior High School: MoultrieSenior High School: Lucy Beckham
-
Utility Information
Dominion Energy, Mt. P. W/S Comm
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1600 Long Grove Drive #.., Mount Pleasant, SC, 29464 | $438,500 | 3 | 2 | 1,197 | -- |
| 1600 Long Grove #UNIT 825, Mount Pleasant, SC, 29464 | $420,000 | 2 | 2 | 1,049 | -- |
| 2605 Coral Vine Court, Mount Pleasant, SC, 29464 | $1,150,000 | 3 | 2 | 2,156 | 0.27 Acre |
| 1129 Astor Drive, Mount Pleasant, SC, 29464 | $569,000 | 3 | 2 | 1,271 | 0.10 Acre |
| 1116 Astor Drive, Mount Pleasant, SC, 29464 | $565,000 | 3 | 2 | 1,219 | 0.11 Acre |
| 1131 Daffodil Lane, Mount Pleasant, SC, 29464 | $589,000 | 3 | 2 | 1,310 | 0.11 Acre |
| 1135 Morning Glory Court, Mount Pleasant, SC, 29464 | $525,000 | 3 | 2 | 1,535 | 0.11 Acre |
| 1337 Horseshoe Bend, Mount Pleasant, SC, 29464 | $790,000 | 3 | 2.5 | 2,021 | 0.19 Acre |
| 2528 Bent Tree Lane, Mount Pleasant, SC, 29464 | $1,048,000 | 3 | 2 | 2,222 | 0.26 Acre |
| 1102 Hidden Cove Drive, Mount Pleasant, SC, 29464 | $465,000 | 2 | 2 | 1,354 | -- |
Similar Homes To 902 Royal Tern Lane #A B C D
Nearby For Sale
Copyright © 2026 by the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 09/05/2026 @ 12:12
More Cities with for Sale by Owner Homes
- Mount Pleasant Homes For Sale By Owner
- Sullivans Island Homes For Sale By Owner
- Daniel Island Homes For Sale By Owner
- Dewees Island Homes For Sale By Owner
- Isle of Palms Homes For Sale By Owner
- Charleston Homes For Sale By Owner
- James Island Homes For Sale By Owner
- Wando Homes For Sale By Owner
- Johns Island Homes For Sale By Owner
- Folly Beach Homes For Sale By Owner
- Awendaw Homes For Sale By Owner
- Huger Homes For Sale By Owner
- North Charleston Homes For Sale By Owner
- Goose Creek Homes For Sale By Owner
- Kiawah Island Homes For Sale By Owner
- Ladson Homes For Sale By Owner
- Cordesville Homes For Sale By Owner
- Ravenel Homes For Sale By Owner
- Lincolnville Homes For Sale By Owner
- Wadmalaw Island Homes For Sale By Owner
Homes around $1,299,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.