Viewing Listing MLS# 23024338
Charleston, SC 29403
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 1,914SqFt
- 1852Year Built
- 0.08Acres
- MLS# 23024338
- Multi Family
- Active Contingent
- Approx Time on Market6 months, 7 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionEastside
Overview
Discover your chance to invest in this remarkable Eastside duplex, ideally nestled on Amherst Street, right in the middle of all the action. With this property, you'll relish the ease of strolling to an array of fantastic restaurants and quickly reaching all your desired destinations.This impressive property boasts over 1900 square feet of living space, providing ample room for both comfort and potential rental income. The duplex is cleverly designed with two separate units for maximum flexibility and rental potential.Unit A: The upper level features 3 bedrooms and 2 bathrooms, making it a spacious and appealing living space. Unit B: The lower level offers another 3 bedrooms and 1 bathroom, catering to various living arrangements and tenant preferences.Currently, both units arerented out, offering stability and financial predictability for your investment. Unit A brings in $2,500 per month, and Unit B matches with $2,500 per month as well. This results in a robust Gross Income of $60,000 annually, making it an attractive choice for investors seeking immediate returns.The property already has tenants in place, and their leases are set to continue until at least July 31, 2024, assuring you of a reliable income stream. Two new hvac units installed 2019. All siding on the house replaced in 2019. The kitchen was redone in 2019, granite countertops and new appliances. The bathrooms were redone in 2019. A 200k total in renovations. The units are under-rented, gross rental income should be closer to 72k (or 3k per unit).Don't let this exceptional investment opportunity slip through your fingers. Seize the chance to explore this property for yourself - schedule your showing today and envision the potential returns and lifestyle this Eastside duplex can offer. Act now and position yourself for long-term financial growth and investment success.
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1852
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.08
Lot Size Units: Acres
Acres: 0.08
Lot Sqft: 3484.8
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Asphalt
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, Single Family Detached
Room Info
Beds: 6
Sale / Lease Info
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Sqft: 1914
Unit Info
Number of Units Total: 2
Unit Bedrooms: 3
Unit Bedrooms: 3
Utilities / Hvac
Water Source: Public
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Waterfront: No
Directions
Use The Right 2 Lanes To Turn Right Onto Meeting Street. Continue Onto Meeting Street. Turn Left Onto Woolfe Street. Continue Onto Amherst Street. Destination Will Be On The Right.Courtesy of listing office Three Real Estate LLC
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