Address: |
view address Charleston, SC 29403 Map Location |
Features: | Multi-level |
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Bedrooms: | 6 | Bathrooms: | 4 |
Square Feet: | 3,281 sq.ft. | Lot Size: | 4791.6 |
Year Built: | 1835 | Property Type: | Quadruplex |
Neighborhood: | None | County: | Charleston |
List Date: | 2024-04-06 | Listing Number: | 24008597 |
Listed By: | St. Germain Properties LLC |
Nestled in the heart of Charleston's coveted Radcliffeborough neighborhood, this high-demand rental property offers a unique blend of history, charm, and investment potential. Just steps from MUSC and near College of Charleston, this ensemble features a historic single home and a separate carriage house, totaling four distinct units with excellent rental history. Current leases extend through 2025 (Units A, B & C through June 30, Carriage Home through July 31). Each lease includes a 90-day Termination Addendum in the event of a sale, offering flexibility for new owners. A spacious off-street parking lot accommodating up to 5 vehicles is a rare find. There is a large potential to maximize monthly rentals to well over $10,000/month.The Seller has had no problems with flooding in 25-plusyears of ownership. The home is in flood zone AE-11current insurance policy is with Progressive Insurance. The flood premium for main house is $2,358/year; flood insurance for carriage home is $1,363/year; homeowner's premium $5,699/year. The property holds the potential for condominium conversion, maximizing your return on investment. Alternatively, you could choose to live in one unit and generate rental income from the other three, offering flexibility to suit your needs. Throughout both the main house and carriage house, timeless heart pine floors exude classic Charleston charm, creating a warm and inviting atmosphere. The front building boasts a variety of living spaces, including a 2BR/1Bath unit, a 1BR/1Bath unit, and an efficient 1Bath studio. The separate carriage house offers a charming 2BR/1Bath layout, perfect for those seeking a bit more privacy. This property isn't just a purchase; it's an investment in Charleston's historic fabric and a doorway to countless possibilities. Whether you're seeking a multi-unit investment, a potential condo conversion project, or a home with built-in rental income, this versatile property delivers on all fronts.
Appliances: | Washer, Dryer, Refrigerator |
Interior Features: | Ceiling Fan(s) |
Basement features: | Crawl Space |
Cooling features: | Window Unit(s), Ceiling Fan(s) | Heating features: | Heat Pump |
Heating: | Yes |
Construction Materials: | Brick, Wood Siding | Roof: | Slate |
Sewer: | Public Sewer |
Elementary School: | Memminger | Middle or Junior School: | Simmons Pinckney |
High School: | Burke |
Year Built: | 1835 | Stories: | 3 |
Lot Dimensions: | 4791.6 |
Building Area total: | 3281.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.