Fully leased duplex close to the college through August 2023. Gross Income 111,600 annual expenses 31,566 NOI 80,034. Ground floor unit A 4 bedroom 4.5 bathrooms. Upstairs unit B 4 bedroom 4.5 bathrooms 41 Morris Street is a large, unique, former corner store-turned-residence, located on the northern edge of popular Cannonborough-Elliotborough neighborhood. The large wood frame building is situated on the southeast corner of Coming and Morris Streets which has a gable roof with partial return cornices, two over two traditional wood windows, and enclosed former piazzas that provide additional living space today. The interior has been fully renovated with modern kitchens and bathrooms with granite counters and stone tile floors. Unit A on the ground floor has four bedrooms with privatebathrooms and a large living room, as well as a laundry closet with an additional powder room. Unit B onthe second story features historic pine floors throughout. The well-lit living room area opens intoa large eat-in kitchen with granite countertop and new appliances. It's not common to find such a large kitchen/living area in an apartment downtown. The 4 bedrooms in this unit also have 4 private bathrooms and generous closets along with an additional powder room. An ideal investment property, 41 Morris's units have been popular with young professionals, College of Charleston, and MUSCstudents, as they are close to all the campuses as well as popular upper King Street.
Listing Date: 02-18-2022
Sold Date: 05-17-2022
Aprox Days on Market: 
2 month(s), 28 day(s)
Listing Sold: 
1 Year(s), 11 month(s), 15 day(s) ago
Original Asking Price: $1,237,500
Asking Price: $1,237,500
Selling Price: $1,200,000
Price Difference From Original:
Reduced By $37,500
Price Difference From Asking:
Reduced By $37,500
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1970
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.05
Lot Size Units: Acres
Acres: 0.05
Lot Sqft: 2178
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick, Wood Siding
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex
Beds: 8
Sold Date: 2022-05-17T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 1,644
Unit Sqft: 1,644
Sqft: 3446
Number of Units Total: 2
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 Tift Properties