Bought with The Boulevard Company, LLC
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Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $359
Subdivision Elliottborough
MLS Listing ID 19033586
Sold Date 07/27/21
Year Built 1920
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
1 OUT OF A SPECTACULAR GROUP OF 5 MULTIFAMILY BUILDINGS BUILT FROM 1900 - 1915. FRAME SIDING. THERE ARE 4 PARKING SPACES FOR THIS UNIT.3 BLOCKS TO MUSC. ANNUAL EXPENSES OF $14,000 SHOWN ARE APPROXIMATE. SQUARE FOOTAGE IS APPROXIMATE. BUYER SHOULD VERIFY.THE DUPLEX WILL ALLOW AN OWNER OCCUPANT TO LIVE IN ONE UNIT AND SHORT-TERM LEASE THE OTHER. THIS WILL RESULT IN A **$1,900 /MONTH POSITIVE CASH FLOW*** NET OF ALL EXPENSES AND MORTGAGE PAYMENTS*** WITH THE ADDITIONAL 5TH PARKING SPACE, THE BUYER SHOULD QUALIFY FOR A 2ND SHORT TERM RENTAL UNIT IF HE RECONFIGURES THE HOUSE FOR A 3RD UNIT. SAID UNIT IS NOT REQUIRED TO HAVE A KITCHEN.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features 2 Car
Garage Spaces 2.0
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Fiberglass, Metal
Total Parking Spaces 2
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
Special Listing Condition Flood Insurance
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