Skip to content
‹Search Features Location Pricing Similar Homes
902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 CONTINGENT 1 of 13 902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 — photo 2 902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 — photo 3 902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 — photo 4 902 Royal Tern Lane A B C D, Mount Pleasant, SC 29464 — photo 5
1 of 13
Contingent
$1,299,000 Est. $8,951/mo — Get pre-qualified
8beds -baths 4,310sq ft 0.16acres

902 Royal Tern Lane A B C D · Mount Pleasant, SC 29464

View map

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 renovations. Can be leased within a week on average according to seller. All other units are Leased through March 31st 2027, and current income is A ($2,200), B (Vacant), C ($1,900), D ($1950). At 1.299M, the asset reflects a 5% 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)

Features & Amenities

Living Area4,310 Sq.Ft.
Bedrooms8
HeatingElectric
CoolingCentral Air
FireplaceNo
Interior FeaturesCeiling Fan(s)
LaundryWasher Hookup, Electric Dryer Hookup
Year Built1976
ConstructionStucco
RoofArchitectural
FoundationSlab
StatusContingent
Lot Size0.16 Acres
SubdivisionShemwood II
CountyCharleston
Property TypeResidential Income
Last UpdatedSep 28, 2026
UtilitiesMt. P. W/S Comm, Dominion Energy
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryJames B Edwards Elementary School
MiddleMoultrie Middle School
HighLucy Beckham High School
Presented By: Align'd Properties

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Get Pre-Qualified Today

Similar Homes

Nearby Homes for Sale

Homes in Nearby Subdivisions

Homes in Nearby Zip Codes

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Charleston Trident Association of REALTORS® -- All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX Executive may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: Sep 28, 2026