$388,000 | 6 beds | N/A full baths | N/A half baths | 2,212 sqft
Charleston, SC 29403
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 2,212SqFt
- 1852Year Built
- 0.07Acres
- MLS# 1403775
- Multi Family
- Sold
- Approx Time on Market1 month, 22 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Elliotborough
Overview
Excellent opportunity to own an income producing duplex within walking distance to the upper King Street revitalization! THE NUMBERS- Hazard insurance-2723, new flood-$476 (new elevation certificate 2/14/14), taxes (6%) 3,470.89. Managed personally- If you rented each bedroom for $600 (practical), your ROI would be 9.1% including a 1K dollar maintenance budget!! At $650 a room, your ROI goes up to 10.1%!!! This large 2,212 square foot duplex offers two units, each with three spacious bedrooms with ceiling fans, one bath, and washer/dryer. This house has it ALL- fantastic location for students (CofC, MUSC, Charleston School of Law), PLENTY of off-street parking, central heat/air, updated electrical/plumbing, separate meters for all utilities, and six bedrooms! Neighboring properties are renting anywhere from $600-900/ a bedroom!! The home includes all appliances- washer/dryers, refrigerators and gas ranges. The second floor porch offers a relaxing sitting area and there is plenty of room in the backyard for grilling, entertaining or additional parking. Property is currently leased and they are set to expire 7/31/14. Don't let this opportunity to own a well priced, income producing property pass you by!
Sale Info
Listing Date: 02-12-2014
Sold Date: 04-04-2014
Aprox Days on Market:
1 month(s), 22 day(s)
Listing Sold:
12 Year(s), 2 month(s), 20 day(s) ago
Original Asking Price: $388,000
Asking Price: $388,000
Selling Price: $375,000
Price Difference From Original:
Reduced By $13,000
Price Difference From Asking:
Reduced By $13,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1852
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Info
Lot Size: 0.07
Lot Size Units: Acres
Acres: 0.07
Lot Sqft: 3049.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex
Room Info
Beds: 6
Sale / Lease Info
Sold Date: 2014-04-04T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 2212
Unit Info
Number of Units Total: 2
Unit Bedrooms: 3
Unit Bedrooms: 3
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
From Fishburne Turn Onto Rutledge Ave. Take Left Onto Line Street, Home Will Be On The Right Just Five Houses Down.Courtesy of listing office State Street Real Estate Group
MLS# 20012885 
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