This charming property, originally built in 1870, features a total of 9 bedrooms across 2 units: Unit B 5/2, Unit A 3/1, Each unit has been meticulously restored to modern standards from the studs up by one of Charleston's leading custom home builders, combining historical elegance with contemporary comfort. The triplex has ample parking and is conveniently situated minutes away form MUSC Medical University, King St, Cannon Park, and the College of Charleston, making it a highly attractive option for generating stable long-term income. Pro-forma projections show a GOI estimated at $111,900 for annual rental, $147,192 for midterm/ renting to students.
Listing Date: 04-20-2024
Sold Date: 07-29-2024
Aprox Days on Market: 
3 month(s), 8 day(s)
Listing Sold: 
1 Year(s), 10 month(s), 15 day(s) ago
Original Asking Price: $1,789,000
Asking Price: $1,789,000
Selling Price: $1,750,000
Price Difference From Original:
Reduced By $39,000
Price Difference From Asking:
Reduced By $39,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Year Built: 1870
Interior Features: Ceiling Fan(s)
Lot Size: 0.10
Lot Size Units: Acres
Acres: 0.10
Lot Sqft: 4356
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 3
Foundation: Crawl Space, Slab
Exterior: Wood Siding
Roof: Metal
Property Subtype: No
Building Area Units: Square Feet
Home Warranty: No
Habitable Residence: No
Structure Type: Triplex
Beds: 8
Sold Date: 2024-07-29T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Unit Sqft: 1,466
Unit Sqft: 1,146
Sqft: 3124
Number of Units Total: 3
Unit Bedrooms: 5
Unit Bedrooms: 3
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Cooling: Central Air
Cooling: Yes
Courtesy of listing office Three Real Estate LLC