Located in the heart of downtown Charleston and nestled into the MUSC area, this property is open to a world of opportunities. Currently this home is designed to accommodate a work/live lifestyle with clearly defined entrances for the first and second stories. The second floor has historically been residential and currently is producing income of $1600 a month (with same tenant occupying the space for the last 8 years). While the building's first floor was utilized as both medical and office space for many years, it could be converted to a beautiful primary residence or subdivided into two units for business or residential use. The neighborhood is zoned as diverse residential. Off Street parking is provided by the expansive paved lot which is marked for 12 parking spaces. Three spaces have been allotted for the tenant. The other 9 are currently leased for $60 month to month to MUSC employees provide. This property has access to an adjoining lot being sold separately at 4 Islington Court MLS #1024233 which provides 8 more parking spaces which are also currently leased.
Listing Date: 09-03-2010
Sold Date: 06-06-2012
Aprox Days on Market: 
1 Year(s), 9 month(s), 2 day(s)
Listing Sold: 
14 Year(s), 8 day(s) ago
Original Asking Price: $390,000
Asking Price: $550,000
Selling Price: $390,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Reduced By $160,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Halfbaths: 2
Fullbaths: 1
Levels: Two
Year Built: 1910
Floors: Vinyl, Wood
Rent Control: No
Fencing: Wrought Iron
Pool Private: No
Style: Charleston Single, Live/Work
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Desclocation: Bedroom, Family Room, Three +
Fireplace: Yes
Lot Size: 0.20
Lot Desc: Interior Lot
Lot Size Units: Acres
Acres: 0.20
Lot Sqft: 8712
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Brick - Front, Wood Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Sold Date: 2012-06-06T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 4051
Water Source: Public
Heating: Yes
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office Keller Williams Realty Charleston