Fantastic opportunity to purchase a historical investment property featuring six separate units South of Broad. Four of the units are spacious one bedrooms with one full bathroom. Two of the units are two bedrooms with one full bathroom. All six units boasts gleaming original heart of pine floors, soaring ceilings, washer/dryer/dishwasher, and hunter ceiling fans. Each unit has a spacious private screened in veranda. All units have been well maintained and renovated over the years. Up to date bathroom and kitchen renovations would allow for upside potential in rents. Units are continuously renewed by tenants and all six are fully leased through May 31, 2019. This property is in an excellent location and is just a two block walk to the battery and White Point Gardens. Investors, do not miss out on this rare opportunity for cash flow in the heart of downtown Charleston!
Listing Date: 07-25-2018
Sold Date: 10-31-2018
Aprox Days on Market: 
3 month(s), 5 day(s)
Listing Sold: 
5 Year(s), 5 month(s), 28 day(s) ago
Original Asking Price: $1,800,000
Asking Price: $1,800,000
Selling Price: $1,450,000
Price Difference From Original:
Reduced By $350,000
Price Difference From Asking:
Reduced By $350,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 6
Levels: 3 Stories
Year Built: 1910
Floors: Wood
Rent Control: No
Misc Ext: Porch - Full Front, Screened
Pool Private: No
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Desclocation: Three +
Interior Features: Ceiling - Smooth, High Ceilings, Ceiling Fan(s), Family
Fireplace: Yes
Laundry Features: Dryer Connection
Lot Size: 0.12
Lot Desc: Level
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 3
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Flat
Beds: 8
Sold Date: 2018-10-31T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 5697
Water Source: Public
Utilities: Charleston Water Service, SCE & G
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office William Means Real Estate, LLC