120-126 Drake Street, Charleston, SC 29403
$2,400,000
Property Type:
MultiFamily
Square Footage:
5,464
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$2,400,000
List Date:
5/30/2024
Last Modified:
5/30/2024
Description
A great investment opportunity awaits in Charleston's Eastside neighborhood with four units offered for sale. Each property boasts a strong rental history with lots of potential. At 120 Drake Street, you'll find 1,360 square feet of living space with 3 bedrooms and 2 baths. The unit at 122 Drake Street offers 1,368 square feet with 4 bedrooms and 2 baths. Meanwhile, 124 Drake Street features 1,368 square feet with 3 bedrooms and 2.5 baths, and 126 Drake Street provides 1,368 square feet with 4 bedrooms and 2 baths. Each unit comes with the convenience of off-street parking in front of the unit. These homes are located close to the Cigar Factory's shops and restaurants, and are within walking distance to the Ravenel Bridge pedestrian and biking pathway. Additionally, they are less than
Supplements: half a mile from lively Meeting and King Streets, home to a variety of shops, restaurants, and bars.
More Information MLS# 24013736
Contract Info
MLS List Date: 2024-05-30
Status: Active
List Price: $2,400,000
Current Price: $2,400,000
Location, Tax & Legal
Tax Map #: 4590601061
Street #: 120-126
Street Name: Drake
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Eastside
Elementary School: Sanders Clyde
Middle School: Simmons Pinckney
High School: Burke
Legal Description: 120 Drake Street (TMS# 459-06-01-061)
122 Drake Street (TMS #459-06-01-062)
124 Drake Street (TMS #459-06-01-063)
126 Drake Street (TMS #459-06-01-064)
Directions: From East Bay Street, turn onto Blake Street. Turn RIGHT onto Drake Street. Homes will be on your RIGHT.
General Property Info
Number of Units: 4
# Stories: 2
Primary Structure Apx SqFt: 5464
Year Built: 1977
Acreage: 0.17
Potential Short Sale: No
Other Structures Y/N: No
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Unit 1
SqFt: 1360
Bedrooms: 3
Baths: 2
Unit 2
SqFt: 1368
Bedrooms: 4
Baths: 2
Unit 3
SqFt: 1368
Bedrooms: 3
Baths: 2.5
Unit 4
SqFt: 1368
Bedrooms: 4
Baths: 2
Property Features
SqFt Source: Tax Records
Roof: Asphalt Shingle
Exterior: Brick - Veneer
Foundation: Slab
Garage/Parking: Other (Use Remarks)
Driveway: Concrete
Architectural Style: Townhouse
New Owned/Pre-owned: Pre-Owned
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Water/Sewer: Public Sewer; Public Water
Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: The Cassina Group
Last Updated: May - 30 - 2024
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.
Broker Attribution:
843-628-0008
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