Fantastic property with tremendous rental history grossing 151,200 in annual income / insurance 10,383.00/ property taxes 20,233.35 / with leases currently in place. Historic 1800's, three unit home located downtown Charleston in the heart of Radcliffeborough. Located steps to the College of Charleston, MUSC, King Street and Marion Square this location can not be beat and is ideal for student and young professional living. Although this property is walking distance to everything downtown has to offer, it is notably important that ample off street parking (enough for 6-7 vehicles) is included with the property which is rare in this location. The three units offer different layouts all having access to one of the original double piazzas and an abundance of natural light fills each unitwith large windows located in every room. Unit A offers 4 or 5 bedrooms and 2 full bathrooms rented for 6000 per month. Unit C offers 4 bedrooms and 2 bath at 4800 per month and Unit C is one bedroom and one bath at 1800.00 per month. All boast original hardwood floors and original details such as fireplaces, crown and shoe molding, claw foot tubs and intricate trim work. Gorgeous original split french doors, exposed beams and brick are also located throughout adding upscale character to each unit. Along with the charm of a historic home, the conveniences of modern living are offered through completely renovated kitchens with stainless steel appliances and bathrooms with granite counter tops, glass shower doors and porcelain tile floors. Unit A offers a chef's kitchen with chef grade appliances and a large center island. The double piazzas are spacious and offer an outdoor living and entertaining aspect for each unit. All appliances (dishwashers, dryers, ranges,washers) have been replaced and are brand new which minimizes maintenance costs and tenant issues. In addition there is a value add with future rental rates by renting the parking spaces individually from the tenants. Leased up through 2023 Schedule a showing today
Listing Date: 09-13-2022
Sold Date: 12-14-2022
Aprox Days on Market: 
3 month(s), 0 day(s)
Listing Sold: 
1 Year(s), 4 month(s), 6 day(s) ago
Original Asking Price: $1,715,000
Asking Price: $1,675,000
Selling Price: $1,595,000
Price Difference From Original:
Reduced By $120,000
Price Difference From Asking:
Reduced By $80,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1895
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.14
Lot Size Units: Acres
Acres: 0.14
Lot Sqft: 6098.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Triplex
Beds: 9
Sold Date: 2022-12-14T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 600
Unit Sqft: 1,650
Unit Sqft: 2,150
Sqft: 4300
Number of Units Total: 3
Unit Bedrooms: 1
Unit Bedrooms: 4
Unit Bedrooms: 4
Water Source: Public
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office Tift Properties