Perfect Condo Conversion Opportunity; All Units are Separately Metered Strategically Positioned on the Corner of Broad St and Colonial St Fully Occupied with Value Add Potential and Below Market Rents Stable Cash Flow; Price Per Unit Equating to $314k Highly Desirable Location with Broad St / Colonial Lake Frontage and Direct Passage to Lockwood Dr and Hwy-17 Walking Distance to MUSC, College of Charleston, King St, The Battery and Hundreds of Shops and Restaurants High Barriers to Entry for Multi Family Complexes South of Calhoun
Listing Date: 02-08-2018
Sold Date: 03-30-2018
Aprox Days on Market: 
1 month(s), 21 day(s)
Listing Sold: 
5 Year(s), 11 month(s), 28 day(s) ago
Original Asking Price: $1,885,000
Asking Price: $1,885,000
Selling Price: $1,825,000
Price Difference From Original:
Reduced By $60,000
Price Difference From Asking:
Reduced By $60,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1906
Rent Control: No
Pool Private: No
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.11
Lot Size Units: Acres
Acres: 0.11
Lot Sqft: 4791.6
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 3
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: More than 4
Beds: 12
Sold Date: 2018-03-30T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 1,167
Unit Sqft: 1,167
Unit Sqft: 1,167
Unit Sqft: 1,167
Unit Sqft: 1,167
Unit Sqft: 1,167
Sqft: 7002
Unit Bedrooms: 2
Unit Bedrooms: 2
Number of Units Total: 6
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Heating: No
Cooling: No
Waterfront: No
Courtesy of listing office Keller Williams Realty Charleston