Bought with NONMEMBER LICENSEE
$1,080,000
$1,145,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2,256 SqFt
SOLD DATE : 04/02/2021
Key Details
Sold Price $1,080,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $478
Subdivision Cannonborough
MLS Listing ID 20030868
Sold Date 04/02/21
Bedrooms 5
Year Built 1840
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Triplex
Property Description
Located in the accommodations overlay zone, zoned limited business, and currently licensed as three separate short term rentals. This property has been operating as a vacation rental property for about 7 years. There are two, two bedroom apartments and a one bedroom cottage. The lot is large and according to the City of Charleston it is possible the cottage can be expanded into a larger residence. The main house dates back to about 1830. The roof on the main house was replaced in 2020 and there is a termite bond on the property. According to local vacation rental managers the property should bring in about $125,000 per year. Most furnishing will convey. Owner is licensed SC Broker.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Community Features Bus Line
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Courtenay
High Schools Burke
Others
Financing Cash, Conventional
Special Listing Condition Flood Insurance
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "