$1,237,500 | 8 beds | N/A full baths | N/A half baths | 3,446 sqft

$1,200,000
41 Morris Street
Charleston, SC 29403
  • 8Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 3,446SqFt
  • 1970Year Built
  • 0.05Acres
  • MLS# 22004042
  • Multi Family
  • Sold


Overview

Fully leased duplex close to the college through August 2023. Gross Income 111,600 annual expenses 31,566 NOI 80,034. Ground floor unit A 4 bedroom 4.5 bathrooms. Upstairs unit B 4 bedroom 4.5 bathrooms 41 Morris Street is a large, unique, former corner store-turned-residence, located on the northern edge of popular Cannonborough-Elliotborough neighborhood. The large wood frame building is situated on the southeast corner of Coming and Morris Streets which has a gable roof with partial return cornices, two over two traditional wood windows, and enclosed former piazzas that provide additional living space today. The interior has been fully renovated with modern kitchens and bathrooms with granite counters and stone tile floors. Unit A on the ground floor has four bedrooms with privatebathrooms and a large living room, as well as a laundry closet with an additional powder room. Unit B onthe second story features historic pine floors throughout. The well-lit living room area opens intoa large eat-in kitchen with granite countertop and new appliances. It's not common to find such a large kitchen/living area in an apartment downtown. The 4 bedrooms in this unit also have 4 private bathrooms and generous closets along with an additional powder room. An ideal investment property, 41 Morris's units have been popular with young professionals, College of Charleston, and MUSCstudents, as they are close to all the campuses as well as popular upper King Street.



Sale Info

Listing Date: 02-18-2022

Sold Date: 05-17-2022

Aprox Days on Market: 
    2 month(s), 28 day(s)

Listing Sold: 
   2 Year(s), 5 month(s), 22 day(s) ago

Original Asking Price: $1,237,500

Asking Price: $1,237,500

Selling Price: $1,200,000

Price Difference From Original: 
Reduced By $37,500

Price Difference From Asking: 
Reduced By $37,500

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:  1970

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.05

Lot Size Units:  Acres

Acres:  0.05

Lot Sqft:  2178

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  2

Foundation:  Slab

Exterior:  Brick, Wood Siding

New Construction:  No

Roof:  Architectural

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Duplex

Room Info

Beds:  8

Sale / Lease Info

Sold Date:  2022-05-17T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Unit Sqft:  1,644

Unit Sqft:  1,644

Sqft:  3446

Unit Info

Number of Units Total:  2

Unit Bedrooms:  4

Unit Bedrooms:  4

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Courtenay

High:  Burke

Directions

Corner Of Morris Street And Coming Street

Courtesy of listing office Tift Properties 

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On kennedyrealty.com since Fri, Feb 18th 2022
No Property History recorded for this listing.
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