Great income producing property in an up and coming area! This building contains six 4 bedroom/1.5 bathroom units, approximately 1400 square feet each. The property is located between East Bay and Meeting St, there is a lot of revitalization and redevelopment going on in this area. These two story units rent for an average of $1000.00/month, and include off street parking for each residence. All units have been updated/renovated within the last year, including new carpet on stairs and upstairs in bedrooms, new HVAC units, all interior have been painted, and new exterior siding. Also, property includes an existing foundation behind the six units that could be utilized to build one or two more units on the property. See the income and expense sheet for a breakdown on the property.
Listing Date: 09-19-2013
Sold Date: 05-06-2014
Aprox Days on Market: 
7 month(s), 16 day(s)
Listing Sold: 
12 Year(s), 1 month(s), 15 day(s) ago
Original Asking Price: $499,000
Asking Price: $499,000
Selling Price: $380,000
Price Difference From Original:
Reduced By $119,000
Price Difference From Asking:
Reduced By $119,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Community Features: Bus Line
Halfbaths: 1
Fullbaths: 1
Levels: Two
Year Built: 1950
Floors: Ceramic Tile, Laminate
Rent Control: No
Pool Private: No
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Fireplace: No
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 2
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Beds: 4
Sold Date: 2014-05-06T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 1400
Water Source: Public
Utilities: Charleston Water Service, SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office Southeastern Property Group