67 Pitt Street , A, B, C

Description

Brimming with charm and situated in the downtown's Radcliffeborough neighborhood, 67 Pitt Street (Units A, B and C) offers buyers a positive cash flow investment opportunity into the vibrant Charleston real estate market. Two detached structures house three units just mere blocks from MUSC and the College of Charleston. This fully leased 10-bedroom, 6-bathroom package netted $114,943(NOI) in 2022 and it provides 7 off-street parking spaces for the tenants.The main home, circa 1865, is a classic Charleston single recently renovated by Salt Marsh Contracting with a new roof added in 2018. The duplex-style property encompasses over 3,000 square feet and has two, 3-bedroom, 2-bathroom units. The renovated kitchens feature stainless steel appliances, semi-custom cabinets, soft-close drawers, and granite countertops. Original hardwood floors line both apartments and accent the modern upgrades. Unit A is currently leased for $4000 a month and Unit B is leased for $4000 a month. The second structure in the rear of the property was built in 2019 by Salt Marsh Contracting, and it is a single detached modern dwelling with a current lease for $4500 a month. The 1,560 square foot unit offers 4 bedrooms, 3 bathrooms and features a desirable open-concept layout. The new construction home is complete with high-end finishes and a stylish design. The current owner has made several recent improvements, including new exterior paint on the main home, new landscaping, added a parking space and placed new iron banister rails to the entrance of both street front units.