Description
Gorgeous 3-unit rental property in historic Eastside with breathtaking views of the Ravenel bridge. Beautifully renovated main house was built in 1872 and has upstairs and downstairs 3br/2ba units. Master bedrooms of both units contain dual his-and-her closets. Kitchens with stainless steel appliances, granite countertops, and maple cabinets. Original 1870s heart-pine trim/floors carefully restored; walls were fully insulated when renovated. One fireplace is operational, so master bedrooms have functional wood-burning fireplaces. Stunning exposed masonry and charming side porches showcase historic elegance. 1940s back house has 3br/1ba and was completely renovated with new windows. 4 off-street parking places and brick-bed landscaping. Walking distance to downtown and bridge--a real gem!All three units are leased. Unit A is leased for $2350; the lease expires 7/31/2022. Unit B is leased for $2400; the lease expires 7/31/2022. Unit C is leased for $2000; the lease expires 6/30/2022. Insurance is $3789 annually. Taxes are $8901. CAP Rate 5.06% Proforma CAP Rate when units are released 5.50%
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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3,790SQFT
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$356$/SQFT
School Information
Description
Gorgeous 3-unit rental property in historic Eastside with breathtaking views of the Ravenel bridge. Beautifully renovated main house was built in 1872 and has upstairs and downstairs 3br/2ba units. Master bedrooms of both units contain dual his-and-her closets. Kitchens with stainless steel appliances, granite countertops, and maple cabinets. Original 1870s heart-pine trim/floors carefully restored; walls were fully insulated when renovated. One fireplace is operational, so master bedrooms have functional wood-burning fireplaces. Stunning exposed masonry and charming side porches showcase historic elegance. 1940s back house has 3br/1ba and was completely renovated with new windows. 4 off-street parking places and brick-bed landscaping. Walking distance to downtown and bridge--a real gem!All three units are leased. Unit A is leased for $2350; the lease expires 7/31/2022. Unit B is leased for $2400; the lease expires 7/31/2022. Unit C is leased for $2000; the lease expires 6/30/2022. Insurance is $3789 annually. Taxes are $8901. CAP Rate 5.06% Proforma CAP Rate when units are released 5.50%
Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cheryll Woods-Flowers | Coldwell Banker.
Data last updated: 2022-05-21T16:33:44.317.