258 St Philip Street, Charleston, SC 29403
$1,500,000
Property Type:
MultiFamily
Square Footage:
1,384
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$1,500,000
List Date:
2/02/2024
Last Modified:
4/22/2024
Description
Downtown Charleston turnkey short-term rental investment nestled in the coveted Elliotborough neighborhood. Boasting General Business zoning, this property presents a unique opportunity to rent out both units, maximizing your potential income. The strategic location places you in the heart of the vibrant King Street nightlife and a plethora of renowned restaurants. Upon entering each unit, you'll notice the abundance of light that each space lets in. Both units have spacious bedrooms. Each unit has been thoughtfully designed with modern-style kitchens featuring stainless steel appliances and ample cabinet space, offering a perfect blend of style and functionality. The tastefully done bathrooms showcase modern vanities and
Supplements: exquisite tile work, adding a touch of luxury to the living spaces. Additionally, both units feature charming porches, providing a delightful outdoor retreat for residents. The property also has a large lot for parking, making downtown living a huge convenience. This property only has one direct neighbor and no buildings to the other side of it. With a proven track record of gross income averaging $135,000 over the past three years, this property stands as a reliable and lucrative investment opportunity. Don't miss your chance - schedule a showing today and seize this golden opportunity to own a piece of Elliotborough's allure!"
More Information MLS# 24002709
Contract Info
MLS List Date: 2024-02-02
Status: Active
List Price: $1,500,000
Current Price: $1,500,000
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
Income, Expenses & Fees
Gross Income: 135000
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: April - 22 - 2024
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