Welcome to ''Nancy Walsh, Realtor"
Looking to invest in Charleston, SC? Look no further! Join Nancy Walsh, Realtor, as she unveils the best areas for real estate investment in this charming city. Discover the hidden gems and booming neighborhoods that offer a perfect blend of historical charm and modern amenities. From the vibrant downtown district to the picturesque coastal communities, Nancy provides valuable insights and expert advice on living in Charleston. Whether you're a seasoned investor or a first-time buyer, this video is your ultimate guide to finding the ideal real estate opportunities in Charleston, SC. Don't miss out on this chance to make your mark in the thriving Charleston market!
1. Downtown Charleston
Purchasing a residential property in the downtown area of just about any city offers a great return on investment.
The keyword here is “residential.” Commercial properties can be a hit or miss, depending on the business type, but you can almost never go wrong with a residential investment property.
Since Downtown is at the heart of the city, where you can find a plethora of restaurants, bars, and entertainment establishments, there will always be a demand for it.
Downtown isn’t typically a place where families decide to settle down, but any lively individual will want to be at the center of everything (also saving on transportation).
The quaint yet lively downtown area of Charleston is no exception, which makes it an excellent location for investment property.
2. Mount Pleasant
Mount Pleasant is one of the largest towns in Charleston and for good reason.
The majority of residents will confirm that it’s one of the best places to live. With its close proximity to the downtown area,
yet having all the perks of a suburban neighborhood (nature, riverside, and beachside living) and great public schools, you’ll certainly find someone in the market dreaming about settling down here for a little while.
While property prices are relatively high (~$600,000 on average), you can put a unit on rent for an average of ~$2500 and witness a significant return on investment.
3. Summerville
This suburb, like Mount Pleasant, is one of the largest areas in Charleston and is home to over 50,000 residents. Summerville is right along the I-26, which makes it optimal for commutes to and from work, along with easy access to amenities like schools and hospitals.
It has a high concentration of renter households, with ~38% of all residential properties in Summerville being rentals.
That is a satisfactory insight for investors to consider when determining the location of their next rental property.
4. James Island
Nestled on the southern tip of South Carolina, James Island is a quaint waterfront area with a lot of charm.
Its ratio of permanent residents to renters is relatively high compared to other areas we looked at, but it still offers a lot of perks for temporary residents, such as entertainment, restaurants, and, of course, the harbor nearby.
It’s also considerably near the metropolitan area as well (only a 10-minute drive away). Residential properties are going around the market with an average monthly rent of $2500-3000, which is substantial for investors.
Now you know all the potential you can unlock in Charleston, SC, so go ahead and make the most of it while the market is still hot.
I am always available to help you and I would love to have the opportunity to meet with you and see how I can help you best. If you want to talk to me about real estate feel free to call/text me at 843-718-4285 or email me at nancywalsh@kw.com or comment below
Please feel free to reach out Day/Night/Weekends whenever you want! We never stop working for you!! Call or text me: (843) 718-4285
Nancy Walsh
Living in Charleston
Making Dreams Come True ... One Home at a Time
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(843) 718-4285
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