107 Magwood Drive, Summerville, SC 29485 (MLS # 25015600)
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Welcome to 107 Magwood Drive, a potentially well-positioned investment opportunity in one of Summerville's most convenient locations. This well-maintained quadplex features four thoughtfully designed 2-bedroom, 1.5-bathroom units, making it an ideal fit whether you're searching for your next home, a potential income-producing property, or a strategic addition to your portfolio. If you're exploring a house-hack strategy, this property allows you to move into one unit while renting the three remaining fully leased units. Current leases include: Unit A: $1,400/month Unit B: $1,500/month Unit C: $1,500/month Unit D: $1,250/month. Altogether, the quadplex brings in $5,650 per month in gross rental income, offering the potential for immediate cash flow.Located just 3.7 miles from Historic Downtown Summerville, 5.5 miles from I-26, and 6.5 miles from Nexton Square, the property offers unmatched access to local amenities, shops, restaurants, and major employers. Residents will enjoy living in the Dorchester-2 School District. Whether you're seeking a turnkey 1031 exchange opportunity or a comfortable place to live while renting the additional units, 107 Magwood Drive presents a compelling option in a high-growth Charleston submarket. The buyer agrees to cooperate with all documentation necessary to complete a 1031 exchange, if applicable. Proof of funds or a letter of credit (LOC) from a bank or mortgage lender is required prior to any showings or walkthroughs. *Rental availability and options are not guaranteed. Buyers interested in residential and other rental options must verify with any and all governing bodies.
| DAYS ON MARKET | 2 | LAST UPDATED | 6/5/2025 |
|---|---|---|---|
| TRACT | Millbrook | YEAR BUILT | 1984 |
| COMMUNITY | 62 - Summerville/Ladson/Ravenel to Hwy 165 | COUNTY | Dorchester |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Flowertown |
|---|---|
| Jr. High School | Gregg |
| High School | Summerville |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range, Range Hood, Refrigerator |
| AREA | 62 - Summerville/Ladson/Ravenel to Hwy 165 |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 0.32 acre(s) |
| PARKING | Other |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Millbrook |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing Provided by Matt O'Neill Real Estate
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Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.