$749,000 | 4 beds | N/A full baths | N/A half baths | 2,100 sqft

$730,000
288 Sumter Street UNIT A & B
Charleston, SC 29403
  • 4Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 2,100SqFt
  • 1930Year Built
  • 0.08Acres
  • MLS# 20005358
  • Multi Family
  • Sold

  • Approx Time on Market1 year, 2 months, 18 days
  • AreaHistoric Charleston - Upper Peninsula
  • CountyCharleston
  • SubdivisionDowntown

Overview

This property falls within the Opportunity Zone, offering MANY tax benefits! This recently renovated trendy Duplex is located between Upper King and Coming Street, perfectly suited for either an investor or end user. The property qualifies for 'Residential Short-term Rental' meaning the owner must occupy for a minimum of 183/year, while allowing the adjoining unit to be short-term rented (Airbnb or VRBO) 29 days or less. Please verify with the City of Charleston re zoning. Both units are currently being long-termed leased.Unit A: Three Bedroom/Two Bath. 1,300 SqFt. Annual Income: $32,400. Leased through June 2021. Unit B: One Bedroom/One Bath. 881 SqFt. Annual Income: $16,800. Leased through May 2022. Both Units are beautifully laid out, while offering modern livable spaceThere is a wrap-around porch and private courtyard at the back of the property - situated next to a convenient Storage Shed-street parking is a luxury enjoyed by the residents. Lots of natural light, oversized windows, Carrera Marble in both the Kitchens and Baths. Manufactured hardwoods throughout, along with chic lighting, cabinetry and hardware. Other details to the recent renovations include durable and attractive exterior cement-plank siding, and a newer metal roof and HVAC system. Landlord pays for water; tenants pay for their respective utilities. This is a wonderful property!


Sale Info

Listing Date: 02-25-2020

Sold Date: 05-14-2021

Aprox Days on Market: 
   1 Year(s), 2 month(s), 18 day(s)

Listing Sold: 
   2 Year(s), 10 month(s), 15 day(s) ago

Original Asking Price: $850,000

Asking Price: $749,000

Selling Price: $730,000

Price Difference From Original: 
Reduced By $120,000

Price Difference From Asking: 
Reduced By $19,000

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

Bathroom Info

Building Info

Year Built:  1930

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Lot Info

Lot Size:  0.08

Lot Size Units:  Acres

Acres:  0.08

Lot Sqft:  3484.8

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  2

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Duplex, Single Family Detached

Room Info

Beds:  4

Sale / Lease Info

Sold Date:  2021-05-14T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  881

Unit Sqft:  1,300

Sqft:  2100

Unit Info

Number of Units Total:  2

Unit:  A & B

Unit Bedrooms:  1

Unit Bedrooms:  3

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Forced Air

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Simons

Middle:  Simmons Pinckney

High:  Burke

Directions

North On King Street; Three Blocks Past Crosstown. Turn Left On Sumter. Property Is On The Immediate Right.

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

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Price & Status History (on natwallen.com since Tue, Feb 25th 2020)
  • Original Price: $850,000
  • Current Price: $749,000
  • Price Reduced: $101,000
Date ChangedFromTo
05/28/2021$730,000 $749,000 Increase by $19,000
05/15/2021$749,000 $730,000 Reduced by $19,000
08/18/2020$786,000 $749,000 Reduced by $37,000
07/14/2020$850,000 $786,000 Reduced by $64,000

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 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 03-29-2024 8:02 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.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-29-2024 8:02 AM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)

843-779-8660

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Hey there, thanks for reaching out!
Are schools important to you?
When do you need us?
Your general price point?
Don’t worry... this is not set in stone :)
Want to add a note?
EXPLORE CHARLESTON ON YOUR OWN
Call: 843.708.4488