Bought with EXP Realty LLC
$1,750,000
$1,789,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3,124 SqFt
SOLD DATE : 07/29/2024
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,124 sqft
Price per Sqft $560
Subdivision Radcliffeborough
MLS Listing ID 24009926
Sold Date 07/29/24
Bedrooms 8
Year Built 1870
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Triplex
Property Description
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.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Electric
Cooling Central Air
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Building
Story 3
Foundation Crawl Space, Slab
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Courtenay
High Schools Burke
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
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