Charleston, SC 29403

$1,170,000
: 6
BD
: 5.5
BA
: 2,392
SqFt

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Sold Price: $1,170,000
List Price: $1,200,000
MLS#: 24020398
Status: CLOSED
Property Type: Single Family Detached
Year Built: 2017
Bedrooms: 6
Bathrooms: 5.5
Neighborhood: Eastside
Apx Sq Ft: 2,392

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Property Description

Newly built in 2017! This turn-key duplex is the perfect investment property. Both units have 3 bedrooms with 2.5 baths, 2 porches, tall ceilings, an open floor plan with granite counters, a large seated island, stainless appliances, and stackable standard washers and dryers which can convey. The new owner could live in the upper unit and enjoy $38K+ gross rental income from the lower unit, or enjoy $80K+ gross rental income by leasing both units and increasing rent to the current market rate. You could convert one or both into furnished monthly rentals to capitalize on greater income potential. This property is located in a fabulous spot on the peninsula within walking distance to Marion Square and two blocks from King St and some of the most sought-after restaurants, bars, shops,the upcoming Low-line, The Cigar Factory and more in Charleston. Units are separately metered, and tenants pay their utilities therefore no complicated utility use agreements. The property is in an X flood zone, flood insurance is not required for lending. There is ample space in the rear to construct an elevated carriage house which could provide a new owner with a 3rd rental apartment or provide covered parking for 3 vehicles. Buyer to confirm zoning and permitting with the city. Flat roof, cement board siding and parking for at least 3 cars. Unit B upstairs has recently been painted as well! Make your appointment soon to see this well maintained duplex!

(877) 548-0135

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