Waterway Arms Old Village
Waterway arms is a charming neighborhood that is conveniently located in the old village off of center street. This subdivision is entirely comprised of 2 and 3 bedroom town homes. It is the largest in the Old Village of its kind and one of the Only areas where one can still purchase a 2 bedroom for under 250K. There are 62 units total that give home to a wide variety of people from all different walks of life. Like many town home neighborhoods, Waterway Arms has several units in turn key shape while many of them haven't been updated since the early 90's or earlier. Although this neighborhood still remains one of the most affordable ones in the Old Village...many average 2 bedroom units are going for upwards of $240,000. My unit for example has steadily climbed in value since purchased in summer of 2013. It has increased nearly 33% in value in only 3 years which goes to show how strong the Mount Pleasant market is and how desirable of an area the Old Village is to live. 4 houses have closed in 2016 ranging from $205-265K. With incredibly low HOA fees and one of the best locations in the area, Waterway Arms makes for a great first home or investment property for singles, couples and small families. I am excited to see what the future holds for this hidden gem of a sub development and look forward to seeing my homes value continue to grow as our cities reputation as a prime place to live steadily rises. For more information on Waterway Arms, Real Estate Inquiries and all things Mount Pleasant call Pat Gallant at 843-790-4PAT!