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902 Royal Tern Lane A B C D Mount Pleasant, SC $ 1,299,000
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902 Royal Tern Lane A B C D
$ 1,299,000
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902 Royal Tern Lane A B C D

Mount Pleasant, SC, 29464
$ 1,299,000
Bedrooms8 Baths4.4 Sq 4,310

Monthly Estimate*

$ 8,202

902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 1
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 2
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 3
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 4
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 5
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 6
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 7
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 8
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 9
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 10
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 11
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 - Image 12

Condo for sale in Mount Pleasant, SC

for $1,299,000 with 8 bedrooms and 4 full baths, 4 half baths. This 4,310 square foot condo was built in 1976 on a lot size of 0.16.

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 showings/Sale. 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 ($2,200), B (Vacant), C ($1,950), D ($2200). At 1.299M, the asset reflects a 5.2% 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)

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Condo Active

Price

$ 1,299,000

Bedrooms

8

Full Bath

4

Half Bath

4

Property Type

Condo

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1976

Town/City

Mount Pleasant

County/Region

Charleston

MLS | Web ID

26024359
Features
General
County Charleston
Property Type Residential
Subdivision Name Shemwood II
Status Active
Directions Use Gps
High School Lucy Beckham
City Mount Pleasant
MLS Area 42 - Mt Pleasant S of IOP Connector
Lot Size Units Acres
Lot Size Square Feet 6969.6
Elementary School James B Edwards
Middle/Junior High School Moultrie
Building Area Units Square Feet
Standard Status Active
Utilities Dominion Energy Mt. P. W/S Comm
Sewer Public Sewer
Heating Electric
Cooling Central Air
Roof Architectural
Garage Spaces 0
Construction Materials Stucco
Year Built 1976
New Construction false
Garage Y/N false
Structure Type Quadruplex
Other Structures No
Stories Count 2
Levels Two
Property Subtype Single Family Attached
Full Baths 4
Carport Spaces 0
Carport Y/N false
Property Attached Y/N true
Unit Number A B C D
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Interior
Interior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Fireplace Y/N false
Half Baths 4
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Exterior
Lot Size Area 0.16
Lot Size Acres 0.16
Lot Features Cul-De-Sac
Water Source Public
Foundation Details Slab
Building Area Total 4310
Covered Spaces 0
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* Excluded Features
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Align'd Properties

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$8,202
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Monthly Principal & Interest
$8,202
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2997938 Elementary School
2995638 Middle School
Lucy Beckham High School High School
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Pricing History
DatePricePrice ChangeDescription
8/27/2026$1,299,000 Listed Price

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902 Royal Tern Lane A B C D, Mount Pleasant, SC, 29464 is a Condo for sale at $1,299,000 with 4,310 sqft and a lot size of 0.16. 902 Royal Tern Lane A B C D has 8 bedrooms, 4.4 baths, and was built in 1976. The property's zip code is 29464 which is in Mount Pleasant, SC

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