258 St Philip Street, Charleston, SC 29403 (MLS# 24002709)

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258 St Philip Street, Charleston, SC 29403

$1,499,000
Property Type: MultiFamily Square Footage: 1,384 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,499,000 List Date: 2/02/2024 Last Modified: 6/06/2024

Description

Presenting 258 St Phillips an exceptional investment opportunity to own 2 active, legal short term units in historic Elliotborough downtown. Each unit consist of 2 bedrooms 1 bath and zoned general business. The duplex has ample parking and is conveniently situated one block from king making it a highly attractive option for generating stable long-term income. Opportunity to add value by increasing rental rate which is currently far below market average. Pro-forma GOI of 200K. Brand new HVAC unit put in this May.

More Information MLS# 24002709

Contract Info

MLS List Date: 2024-02-02 Status: Active List Price: $1,499,000 Current Price: $1,499,000

Location, Tax & Legal

Tax Map #: 4600404013 Street #: 258 Street Name: St Philip Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Elliottborough Elementary School: Mitchell Middle School: Simmons Pinckney High School: Burke Legal Description: 10/1 Directions: Turn left onto King Street. Turn right onto Line Street. Turn right onto St Philip Street. Destination will be on the right.

General Property Info

Number of Units: 2 # Stories: 2 Primary Structure Apx SqFt: 1384 Year Built: 1852 Acreage: 0.07 Potential Short Sale: No Other Structures Y/N: No

Office/Member Info

Buyers Agency Compensation: 2.5 Buyers Agency Compensation Type: %

Unit 1

Bedrooms: 2 Baths: 1

Unit 2

Bedrooms: 2 Baths: 1

Property Features

SqFt Source: Tax Records Roof: Asphalt Shingle Exterior: Wood Siding Foundation: Crawl Space Garage/Parking: Other (Use Remarks) Driveway: Gravel Architectural Style: Duplex New Owned/Pre-owned: Pre-Owned Equipment/Appliances: Ceiling Fan; Dishwasher; Gas Range; Microwave Heat: Electric Proposed Financing: Any; Exchange Possession: At Closing Water/Sewer: Public Sewer; Public Water
Listing Office: Three Real Estate LLC
Last Updated: June - 06 - 2024
258 St Philip Street, Charleston, SC 29403- MLS# 24002709
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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