$699,000 | N/A beds | N/A full baths | N/A half baths | 1,410 sqft

$655,000
416 Sumter Street
Charleston, SC 29403
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,410SqFt
  • 1935Year Built
  • 0.08Acres
  • MLS# 22025026
  • Multi Family
  • Sold

  • Approx Time on Market1 year, 5 months, 13 days
  • AreaHistoric Charleston - Upper Peninsula
  • CountyCharleston
  • Subdivision Hampton Park Terrace

Overview

Fully Leased through July 2024! Great Duplex in a Wonderful Neighborhood Grossing $38,700 per year (8/1/23 to 7/31/24). Walk to Hampton Park & enjoy the many neighborhood restaurants: Harold's Cabin, Renzo, Daps, Little Jacks Tavern, Leon's, Melfis. 5 Total Bedrooms: Apt A (1st Floor) is a 2 Bdr / 1 Ba, & Apt B (2nd Floor) is a 3 Bdr / 1 Ba (rents below). Great investment opportunity or live in 1 unit and lease the other unit. The property has a large backyard which may allow for a Buyer to add additional square footage or additional units (Buyer to verify with City of Charleston). Apt A - $1,475.00 / mo through 7/31/2023. New Lease $1,600.00 / mo beginning 8/1/23 through 7/31/2024. Apt B - $1,575.00 / mo through 7/31/2023. New Lease $1,625.00 / mo beginning 8/1/23 through 7/31/2024



Sale Info

Listing Date: 09-26-2022

Sold Date: 03-11-2024

Aprox Days on Market: 
   1 Year(s), 5 month(s), 13 day(s)

Listing Sold: 
    7 month(s), 28 day(s) ago

Original Asking Price: $699,000

Asking Price: $699,000

Selling Price: $655,000

Price Difference From Original: 
Reduced By $44,000

Price Difference From Asking: 
Reduced By $44,000

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:  1935

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:  0.08

Lot Size Units:  Acres

Acres:  0.08

Lot Sqft:  3484.8

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  2

New Construction:  No

Property Subtype:  None

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Duplex

Room Info

Sale / Lease Info

Sold Date:  2024-03-11T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Sqft:  1410

Unit Info

Number of Units Total:  2

Utilities / Hvac

Heating:  No

Cooling:  No

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Simmons Pinckney

High:  Burke

Directions

Located On Sumter Street Between Ashley Avenue & President Street.

Courtesy of listing office Southeastern Management Group, 

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On kennedyrealty.com since Mon, Sep 26th 2022
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-08-2024 9:06 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-08-2024 9:06 PM EST est.

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