Bought with RE/MAX Southern Shores
$2,460,000
$2,775,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
5,608 SqFt
SOLD DATE : 06/20/2024
Key Details
Sold Price $2,460,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,608 sqft
Price per Sqft $438
Subdivision Harleston Village
MLS Listing ID 24012252
Sold Date 06/20/24
Bedrooms 10
Year Built 1880
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Single Family Detached
Property Description
Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering quintessential Charleston views. Unit A features three bedrooms and two full baths, while Unit B spans two stories, with three bedrooms and two baths across its two floors. Unit C offers cozy comfort with one bedroom and one bath, while the remaining unit, Unit D, is a back house apartment with three bedrooms and two bathrooms. Off-street parking, currently leased for additional income, adds a coveted amenity to this historic gem.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Financing Cash,Conventional
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