$1,395,000 | 2 beds | 2 full baths | N/A half baths | 2,230 sqft

$1,395,000
517 King Street UNIT #7
Charleston, SC 29403
  • 2Beds
  • 2Full Baths
  • N/AHalf Baths
  • 2,230SqFt
  • 2002Year Built
  • 0.00Acres
  • MLS# 21030183
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market1 month, 3 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision King Street Lofts

Overview

This is one of kind property located at the intersection of the busiest part of vibrant upper King. The loft is located in the most desirable location of Charleston's permitted Short Term Overlay. HOWEVER, the HOA currently restricts rentals to one year min unless 67% of the residents vote to change the rule. Currently about 50% of the building's 14 residents support allowing STRs. The rule change is rapidly approaching...this unit is for the investor who is willing to keep the unit rented on annual basis until the rule is changed. (possibly 2-3 years). Unit has rental history of over $5000 per month and was featured in popular reality TV show based in Charleston. The unit has been completed refurbished and includes an additional 150 SF of lofted space and 2 dedicated gated parking spot.



Sale Info

Listing Date: 11-11-2021

Sold Date: 12-15-2021

Aprox Days on Market: 
    1 month(s), 3 day(s)

Listing Sold: 
   2 Year(s), 11 month(s), 0 day(s) ago

Original Asking Price: $1,395,000

Asking Price: $1,395,000

Selling Price: $1,395,000

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Same as Asking Price

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

Community Features:  Bus Line

Bathroom Info

Fullbaths:  2

Building Info

Levels:  Two

Window Features:  Window Treatments

Year Built:  2002

Floors:  Other

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Cathedral/Vaulted, High Ceilings, Walk-In Closet(s), Ceiling Fan(s), Family, Living/Dining Combo, Loft, Office, Pantry, Utility

Fireplace:  No

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  No

Offer Compensation

Other

Security Features:  Fire Sprinkler System, Security System

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  2

Foundation:  Slab

Exterior:  Stucco

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  2

Primary Bedroom Features:  Ceiling Fan(s), Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2021-12-15T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  2230

Unit Info

Unit:  7

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

Located At The Intersection Of King And Morris. Unit Directly Overlooks King Street On The East And Morris Street On The South.

Courtesy of listing office Sppott Investments LLC 

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On kennedyrealty.com since Thu, Nov 11th 2021
No Property History recorded for this listing.

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