Cash flowing duplex in the highly sought-after Wagener Terrace neighborhood. This turn-key property is a rare find, collecting a healthy annual rental income of $73,500, while being currently leased under market value making it an ideal opportunity for savvy buyers looking to make rental bumps in August 2024 when the current 2 leases expire.Residents/Tenants will enjoy the convenience of living close to the shopping and dining of King St, with easy access to Hampton Park, renowned restaurants and the community garden, pickleball/tennis courts and basketball courts of Hester Street Park across the street.There are 2 units (A/B). Both units have 4 Bedrooms and 2 Bathrooms. There are 2 brand new A/C Units that have been installed in the past 2 years, as well as new bathroom tile floors in Unit A downstairs. 2 tankless Rennai hot water heaters. The driveway is long enough to fit 4 cars and there is plenty of off-street parking available. Tenants can enjoy the use of the roomy storage shed at the rear of the property, as well as use of the shared outdoor garden to cook out, relax and enjoy the sun!
Listing Date: 12-06-2023
Sold Date: 01-16-2024
Aprox Days on Market: 
1 month(s), 9 day(s)
Listing Sold: 
3 month(s), 12 day(s) ago
Original Asking Price: $995,000
Asking Price: $995,000
Selling Price: $982,400
Price Difference From Original:
Reduced By $12,600
Price Difference From Asking:
Reduced By $12,600
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1940
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Size: 0.10
Lot Size Units: Acres
Acres: 0.10
Lot Sqft: 4356
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex
Beds: 8
Sold Date: 2024-01-16T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 2456
Number of Units Total: 2
Unit: A & B
Unit Bedrooms: 4
Unit Bedrooms: 4
Water Source: Public
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 Daniel Ravenel Sotheby's International Realty