• $797,000
    No Recent Price Change
  • 18 Pitt Street
    Charleston, SC 29401
N/ABeds
N/AFull Baths
N/AHalf Baths
2,390SqFt
1880Year Built
0.10Acres
  • MLS# 19013882
  • Multi Family
  • Active

AreaHistoric Charleston
CountyCharleston

Agent Remarks

Location Location!!!!! Within two blocks walk of central CofC campus! Near Colonial Lake Park and King Street.Classic Duplex, 3 BR's & 2 BA's per floor, parking for 4 cars +. Upstairs rented for $2700 through July 31st. Downstairs rented for $2400 through May 31st. Rented slightly below market, have rarely had a vacancy. Great opportunity to acquire a duplex with one 3 BR unit being vacated and available for your choice of residents. Owner may rent out one apartment (CofC, MUSC etc), and keep the other for personal use by family or friends, weekend getaways, etc. Meticulously maintained and managed by the same owners for 24 years. Parking for 4+ cars on-site and street parking decals available. Click for more details... Exterior improvements were performed recently, including some window repair, siding repair, extensive caulking, primer/sealer & 2 coats of latex. Easy to maintain white exterior. One HVAC unit as well as the gas pack, boots and registers were replaced within the last 5/6 years. A Great Feature: This duplex has a highly desirable roofing system, a reverse clamshell shaped Metal roof that drains to one solid 6" copper pipe that flows to a below ground cistern!!! This is a much superior system to no gutters, or gutters draining water to the earth surrounding the home, yard and foundation. This premium standing seam metal roof was recently refinished and sealed. Another premium aspect: This area of Pitt Street is about the highest ground elevation on the peninsula, and this property has a base elevation is 13.0 feet, as determined by engineering and flood elevation consultants, therefore reducing flood insurance costs. Elevation certificate updated in October 2018. Being on a lot higher then most nearby homes, this property did not flood during the last few years storms, and a spacious crawl space offers superior ventilation and reduced moisture. FEMA approved flood vents are being installed late June 2019 on two sides, further increasing ventilation, and will result in additional reduced costs for flood insurance. The interior is in classic college rental condition, and could be kept as is. Please bear in mind the owners have rented it less them market value, and it could rent for more, comparable justify this. Optionally, the Kitchens and bathrooms could be upgraded, allowing a substantial increase in rent and cash flow, and immediately increasing the value of the properly. The interior floor plans work well, with one BR at the front of the house and 2 others at the rear, with the common area separating them. Tenants like this. There are numerous closets in the units, extra storage areas on both floors and a shed in the rear yard. There is a laundry area for the first floor (A) at the rear of the home, and an in suite laundry area for the second floor (B). Both units have large Piazzas (Porches) for outdoor leisure time and space, and the second floor Piazza is very nice, running 7 Columns in length from front to back, and face South, exposed to the refreshing afternoon Sea Breezes. Property is safely located within the Cof C Protection and Security area, with nighttime patrol. Make an appointment today to see this premium Duplex that offers the value of location, location, location in spades.


Baths Info

Unit 1 Baths:  2

Unit 2 Baths:  2

Building Info

Year Built:  1880

Exterior Features

Architectural Style:  Duplex

Lot Info

Acres:  0

Property Features

Stories:  2.0

SqFt Info

Sqft:  2,390

Unit Info

Unit 1 Bedrooms:  3

Unit 2 Bedrooms:  3

Schools

School Elem:  Midland Park

School Middle:  Courtenay

School High:  Burke

Courtesy of listing office Carolina One Real Estate 

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On natwallen.com since Mon, May 13th 2019
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 Carolina One Real Estate 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 05-24-2019 8:01 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 2019 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2019 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-24-2019 8:01 AM EST est.

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