Charleston, SC 29403
- 12Beds
- N/AFull Baths
- N/AHalf Baths
- 5,881SqFt
- 1880Year Built
- 0.22Acres
- MLS# 19029205
- Multi Family
- Sold
- Approx Time on Market1 month, 16 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionElliotborough
Overview
Investment opportunity in the heart of downtown Charleston. Legally permitted for short-term rentals and located in the short-term rental overlay district, this property boasts a total of 3 buildings with 5 units, 4 meters and 7 designated parking spaces. The first building was built in 1880 and includes a well-established eatery with a long-term lease in place and 2 units that can be separated (one on the first floor and one on the second) that both feature 2 beds/2 baths, updated kitchens and spacious living rooms.The additional 2 homes were built in 2018. They both feature metal roofs open floor plans with tons of natural light and great outdoor living space. Both of the recently built structures include expansive great rooms that flow into stunning kitchens complete with largeislands, subway tile backsplash and top-of-the line appliances. The first floors also include large master suites complete with outdoor access and luxurious en-suite bathrooms. The 2nd floors include 2 spacious bedrooms that share a jack-and-jill style bathroom and an upstairs master suite complete with private en-suite bathroom.This unique property has a great rental history and has potential to be a primary residence, investment property, or a mixture of both. A new buyer could enjoy living in one of the homes while having the rental income from the additional units to offset the costs making downtown living extremely affordable. Don't let this opportunity pass you by! Schedule a showing today!
Sale Info
Listing Date: 10-17-2019
Sold Date: 12-04-2019
Aprox Days on Market:
1 month(s), 16 day(s)
Listing Sold:
4 Year(s), 4 month(s), 20 day(s) ago
Original Asking Price: $3,100,000
Asking Price: $3,100,000
Selling Price: $2,975,000
Price Difference From Original:
Reduced By $125,000
Price Difference From Asking:
Reduced By $125,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Community Features: Bus Line
Bathroom Info
Building Info
Year Built: 1880
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.22
Lot Size Units: Acres
Acres: 0.22
Lot Sqft: 9583.2
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space, Pillar/Post/Pier
New Construction: No
Roof: Metal
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Other, Triplex
Room Info
Beds: 12
Sale / Lease Info
Sold Date: 2019-12-04T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Sqft: 1,608
Unit Sqft: 1,325
Unit Sqft: 950
Unit Sqft: 1,608
Unit Sqft: 390
Sqft: 5881
Unit Info
Unit Bedrooms: 4
Number of Units Total: 5
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 4
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Located On Spring Street Between Ashley Avenue And President StreetCourtesy of listing office Keller Williams Realty Charleston
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than EXP Realty LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-24-2024 11:27 AM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.