118 President Street, Charleston, SC 29403 (MLS# 24012246)

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118 President Street, Charleston, SC 29403

$2,500,000
Property Type: MultiFamily Square Footage: 2,874 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $2,500,000 List Date: 5/14/2024 Last Modified: 5/14/2024

Description

Located in Downtown Charleston, 118 President Street emerges as a fully licensed and operational short-term rental haven. This distinctive property showcases two separate units, designated as Unit A and Unit B, each boasting a comfortable layout featuring three bedrooms and three full bathrooms. Complementing its residential allure, the property offers the convenience of six off-street parking spaces, addressing a premium need in city living. A selection of furnishings is included, ensuring a seamless transition for its new proprietors. All six bathrooms across the premises have been exquisitely renovated in January 2023, promising modern design. 118 President Street represents a unique opportunity, ideal for investors seeking a turn-key solution in a sought-after location.

More Information MLS# 24012246

Contract Info

MLS List Date: 2024-05-14 Status: Active List Price: $2,500,000 Current Price: $2,500,000

Location, Tax & Legal

Tax Map #: 4601104137 Street #: 118 Street Name: President Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 99 - City of Charleston Subdivision: City of Charleston Elementary School: James Simons Middle School: Simmons Pinckney High School: Burke Legal Description: 118 President Street

General Property Info

Number of Units: 2 # Stories: 2 Primary Structure Apx SqFt: 2874 Year Built: 1852 Acreage: 0.1 Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No

Office/Member Info

Buyers Agency Compensation: 3 Buyers Agency Compensation Type: %

Unit 1

SqFt: 1437 Bedrooms: 3 Baths: 3

Unit 2

SqFt: 1437 Bedrooms: 3 Baths: 3

Property Features

SqFt Source: Appraisal Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Garage/Parking: Other (Use Remarks) Driveway: Concrete; Other (Use Remarks) Architectural Style: Duplex New Owned/Pre-owned: Pre-Owned Equipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Dryer; Electric Dryer Hookup; Gas Range; Microwave; Refrigerator; Stacked Washer/Dryer; Washer; Washer Hookup Cooling: Central Air Heat: Heat Pump Sale Includes: Some Furniture Proposed Financing: Cash; Conventional Loan Possession: At Closing Water/Sewer: Public Sewer; Public Water Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: Agent Group Realty
Last Updated: May - 14 - 2024
118 President Street, Charleston, SC 29403- MLS# 24012246
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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