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For Sale: Charming Cottage-Style Multi-Unit Home in Port Royal
Discover the perfect blend of coastal living and small-town charm with this adorable cottage-style multi-unit home. Located within easy walking distance of Sands Beach, the boat landing, Port Royal boardwalk, observation tower, dry stack boat storage, Cypress Wetlands, a variety of dining options, places of worship, shopping, and schools, this property offers an exceptional lifestyle. Embrace the relaxed atmosphere of Port Royal by exploring the area on foot, by bike, or via golf cart.
This unique property features two separate residences, providing flexible living options. You can enjoy the entire home as a spacious single-family residence or live in one side and rent out the other for potential income. Also perfect for generational family living.
**Side A** offers a welcoming private foyer that leads to a living room boasting beautiful hardwood floors. The main level also includes a comfortable master bedroom with an en-suite bathroom, a kitchen with a dedicated dining area, a convenient half bathroom, and a laundry room. The upstairs area provides ample space for multiple sleeping arrangements and an entertainment area. Enjoy views of the intercoastal waterway. Multiple access points to attic storage offer practicality.
**Side B** features its own private foyer entrance, leading to a generously sized living area. You'll find a large bedroom and a full bathroom complete with a charming antique claw foot tub. The huge kitchen offers abundant cabinet and counter space and opens onto a delightful screened-in porch, ideal for entertaining or relaxing outdoors.
The front and back yards are adorned with plentiful local flora, creating a picturesque setting. A gravel pathway meanders from the front to the back of the property, enhanced by a lovely confederate jasmine archway. Both the front and back of the home feature wood porches and decks, adding to its classic cottage appeal.
This property is equipped with gas water heaters, gas stoves, a durable metal roof, and foam insulation in the attic for energy efficiency. Specialty fencing ensures privacy. A detached shed is included for storing beach and gardening supplies. Adding to the convenience, all furnishings are included with the sale with the exception of the TVs.
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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$530,000
William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $424,000 | $424,000 | $424,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $115 | $115 | $115 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,407 | $2,576 | $3,436 |
| Total Monthly Payment | $2,614 | $2,783 | $3,643 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.