704 Rutledge Avenue, Charleston, SC 29403
$1,449,900
Property Type:
MultiFamily
Square Footage:
2,438
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$1,449,900
List Date:
4/11/2024
Last Modified:
4/21/2024
Description
Historic Downtown Duplex:
Opportunity for an Investor or Live-in Owner!
Location, Location, Location! This classic Charleston single boasts two spacious units (3 beds, 2 baths each) in the heart of vibrant downtown. Just steps from Hampton Park, neighborhood favorites Park & Grove, Herd Provisions, Moes Crosstown and (soon to be across the street) SightSee Coffee Shop!
This income producing property offers the perfect blend of historic charm and modern convenience.
Ideal for the Savvy Investor: Enjoy healthy rental income from two fully renovated units. Each unit features gleaming, restored wide-plank oak hardwood floors, high ceilings, and private porches. Modern kitchens and baths provide a touch of luxury for your tenants.
Supplements: Use for long term rentals, medium term furnished or convert the downstairs to office (RO Zoned). The options are endless... Live-in Owner's Dream: Occupy one unit and rent out the other to offset your expenses, take advantage of Charleston's booming short-term rental market. The downstairs unit could even be converted Unbeatable Downtown Living: Walk to explore Hampton Park, The Citadel, or the countless shops and restaurants lining the streets. This prime location offers everything you need at your doorstep. Bonus: Off-street parking is a rare features in downtown Charleston, providing additional convenience for you or your tenants. Please see attached disclosures, proformas for more information.
More Information MLS# 24008784
Contract Info
MLS List Date: 2024-04-09
Status: Active
Start Showing Date: 2024-04-10
List Price: $1,449,900
Current Price: $1,449,900
Location, Tax & Legal
Tax Map #: 4631504097
Street #: 704
Street Name: Rutledge
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29403
Area: 52 - Peninsula Charleston Outside of Crosstown
Tax District: 72 - City of Charleston
Subdivision: Hampton Park
Elementary School: James Simons
Middle School: Simmons Pinckney
High School: Burke
Legal Description: LT 81
Directions: head south on Rutledge Ave.
Property will be on the left.
Park in drive or street parking
General Property Info
Primary Structure Apx SqFt: 2438
Year Built: 1938
Acreage: 0.07
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Income, Expenses & Fees
Gross Income: 108000
Auction: No
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Unit 1
SqFt: 1219
Bedrooms: 3
Baths: 2
Unit 2
SqFt: 1219
Bedrooms: 3
Baths: 2
Property Features
SqFt Source: Tax Records
Roof: Metal
Foundation: Crawl Space
Garage/Parking: Other (Use Remarks)
Driveway: Gravel
Architectural Style: Duplex
New Owned/Pre-owned: Pre-Owned
Amenities: Dog Park; Park; Tennis Court(s); Trash
Sale Includes: Building and Land
Tenant Pays: All Utilities
Proposed Financing: Any
Possession: At Closing
Water/Sewer: Public Sewer; Public Water
Listing Office: Corcoran HM Properties
Last Updated: April - 21 - 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.
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.