609 W Richardson Avenue, Summerville, SC 29483

609 W Richardson Avenue is a $750,000, 6,000 square foot, 8 bedroom, 6.0 bath home on a 0.90 acre lot located in Summerville, SC.

Seller’s Description

This is a very nice and grand home in the heart of the historic district and is known as Camellia Cottage.Very nice, large and private yard in one of the lowcountries more desirable areas.This property has endless possibilities for a creative owner.In very desirable school district.Current owners have enjoyed the home for over 20 years but no longer need it.House is in need of a lot of painting and some renovation, but is very ready to live in right now while you do the work.The cottages bring a substantial amount in rental income and that could be increased substantially by taking advantage of the demand for short term rentals (2-6 month) by national and international companies in the area such as Air B&B.Even with the rentals the house is very private with almost an acre of land and access from 2 streets.A hands on owner or contractor could easily make this home a great place to live and produce enough income to cover most or all the costs of ownership.Main house is about 3600sqft including the downstairs apartment but not including the attic.Cottage next to the house (607 W Richardson) is approx 1000sqft has 2 bedrooms 1 bath, large living room, den, full kitchen, front and back porch.Small cottage off the back drive way (611 W Richardson) is approx 350sqft has a nice kitchen, small bath and bedroom. Carriage house off the back drive way is approx 950sq' is 1 or 2 bedroom 1 bath built in 2010, also has a 3 car garage/shop on the ground floor approx 1000sqft.Property has over 6000sq' of heated space and is only limited by your ideas.New owner would have to address some work soon (front porch, exterior paint and repaint roof).Other improvements could be done over time as needed such as upgrading baths or adding a downstairs master (in the downstairs parlor that is now rented as a separate apartment).Owners are considering subdividing the property, cutting it in half with the main house and large cottage going as one parcel (at a reduced price) and the carriage house and small cottage house as the 2nd parcel. With a right of way granted to the main property to access the property and parking from the driveway on Walnut St.This property will sell quickly! seller will credit at the time of closing $100,000 to a contractor of buyers choice for property upgrade ,painting and other cosmetic upgrades