Opportunity knocks at 1157 King Street! This bungalow-style home is a licensed Airbnb-approved income producing property that is currently setup as two separate apartments.This home can easily be converted back to a single family home, or left as a short term rental! Each unit has one generously sized bedroom and one bathroom.Unit one features a full-sized kitchen, while the second back unit has a kitchenette that easily accommodates full-sized appliances. Both units boast high ceilings well equipped with ceiling fans. A partially floored, well-lit attic provides additional extra storage space.The home's roof was replaced in July 2020 and offers a transferable lifetime warranty. Unlike many houses on the peninsula, this house is NOT in a flood zone.Outside, an additional outdoor storage includes a spacious 11'x18' workshop with 40amp service and the possibility to convert to a studio, garage or carriage house. All structural framing here was replaced with pressure treated lumber. The roof and two sides were replaced with galvanized material while the remaining two sides were left for the rustic appearance.Additionally, the exterior of 1157 King Street offers a newly paved driveway and accommodates parking for up to four cars. When the driveway was poured, a concrete pad was also added in anticipation of a garden shed for storage of lawnmower and other garden tools.The driveway was designed with a one-foot elevation drop from the workshop/carriage house to the sidewalk. This was to assure rainwater would run out to the street and not back up into the yard. During the driveway pour, the floor of the shed was also raised to prevent flooding during hurricanes and heavy downpours.Outside of the home, world class restaurants are within a short distance including Edmund's Oast, Leon's Oyster Shop, Home Team BBQ, Park Cafe and Moe's Crosstown Tavern.Also close by is Hampton Park, The Citadel and the proposed Low-Line walking trail.
Listing Date: 03-02-2021
Sold Date: 07-16-2021
Aprox Days on Market: 
4 month(s), 13 day(s)
Listing Sold: 
2 Year(s), 9 month(s), 7 day(s) ago
Original Asking Price: $550,000
Asking Price: $550,000
Selling Price: $525,000
Price Difference From Original:
Reduced By $25,000
Price Difference From Asking:
Reduced By $25,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Community Features: Bus Line
Year Built: 1935
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 0.13
Lot Size Units: Acres
Acres: 0.13
Lot Sqft: 5662.8
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 1
Foundation: Crawl Space
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Single Family Detached
Beds: 2
Sold Date: 2021-07-16T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 689
Unit Sqft: 427
Sqft: 1200
Number of Units Total: 2
Unit Bedrooms: 1
Unit Bedrooms: 1
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office Marshall Walker Real Estate