Charleston, SC 29401,38 Bull St
Listed by   The Cassina Group
Bought with RE/MAX Southern Shores

$2,460,000

$2,775,000

11.4%
Est.Price: ?

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Est. payment /mo

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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