Newly renovated 7 unit apartment complex located on Pitt Street, just below Calhoun and across from the College of Charleston library. Excellent rental history. All units are 3 bedrooms with LR, DR and kitchen. Each unit has a large utility closet with a washer and dryer and a large fenced patio, plus off-street parking for one car per unit. Brick and wood exterior. Great investment. Cap rate 5.7%
Listing Date: 08-30-2017
Sold Date: 01-11-2018
Aprox Days on Market: 
4 month(s), 11 day(s)
Listing Sold: 
6 Year(s), 3 month(s), 8 day(s) ago
Original Asking Price: $2,890,000
Asking Price: $2,890,000
Selling Price: $2,700,000
Price Difference From Original:
Reduced By $190,000
Price Difference From Asking:
Reduced By $190,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1981
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.28
Lot Size Units: Acres
Acres: 0.28
Lot Sqft: 12196.8
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Exterior: Brick Veneer, Wood Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: More than 4
Sold Date: 2018-01-11T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 8333
Number of Units Total: 7
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 Clement, Crawford & Thornhill