Charleston, SC 29403
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 20,599SqFt
- 1800Year Built
- 0.55Acres
- MLS# 15019405
- Multi Family
- Sold
- Approx Time on Market4 months, 18 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Radcliffeborough
Overview
** Due to the demand of this property we will be having a Call to Offers. The deadline for offers will be on 8/20/15. Please call listing broker for details.**This is 14 units within 4 buildings in the heart of downtown. The property has been used as college rentals with the average increase in rents going up at least 5%/year. Great rental history with the only vacancies attributed to construction during upgrades. There is room for another structure in the rear. There is also value add opportunities with upgrades to the buildings and ultimately the possibility of making this a condo project. A majority of leases are signed thru 7/16. Each multi bedroom unit is allotted 2 off street parking spaces and the 1 bedroom unit is allotted 1 off street parking space.
Sale Info
Listing Date: 07-22-2015
Sold Date: 12-11-2015
Aprox Days on Market:
4 month(s), 18 day(s)
Listing Sold:
8 Year(s), 10 month(s), 28 day(s) ago
Original Asking Price: $4,700,000
Asking Price: $4,700,000
Selling Price: $4,785,000
Price Difference From Original:
Increase $85,000
Price Difference From Asking:
Increase $85,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1800
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.55
Lot Size Units: Acres
Acres: 0.55
Lot Sqft: 23958
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 3
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Other
Room Info
Sale / Lease Info
Sold Date: 2015-12-11T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 20599
Unit Info
Number of Units Total: 14
Utilities / Hvac
Utilities: SCE & G
Heating: Yes
Heat: Electric, Forced Air, Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air, Window Unit(s)
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Https://goo.gl/maps/s4x1uCourtesy of listing office Twin Rivers Capital LLC
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