15-b, 17, 21 And 23

$3,265,000

About This Property

PRIVATE ENCLAVE OF RESIDENTIAL UNITS WALKING DISTANCE TO MUSC. ****3 DUPLEXES*** AND... A SIX-PLEX**** 21 PARKING SPACES. BEAUTIFULLY RESTORED COMPLEX OF 4 BUILDINGS SURROUNDING TWO GRAVEL PARKING LOTS. ***CAP RATE SHOULD BE AROUND 6.0 PERCENT. ***CHECK OUT THE PHOTOGRAPHS OF THE UNITS. ROOM FOR INCREASING THE RENTS ON THE NEXT CYCLE. "DUPLEXES ARE EXTREMELY DESIRABLE TO MILLENNIALS BECAUSE OF THEIR ABILITY TO LEGALLY RENT ONE UNIT ON A NIGHTLY BASIS WHILE OCCUPYING THE OTHER UNIT. THIS LENDS ITSELF TO EVENTUALLY SELLING OFF THESE UNITS SEPARATELY AT A HEALTHY PROFIT. THE INCOME FROM NIGHTLY RENTALS OF ONE UNIT OF A DUPLEX WILL GENERALLY PAY YOUR MORTGAGE PITI PLUS GIVE YOU A POSITIVE CASH FLOW OF $1,500-$2,500/MONTH ABOVE THE MORTGAGE PAYMENT PLUS MANAGEMENT COSTS. "

Essential Information

MLS® #30541322
Price$3,265,000
Acres0.00
TypeCommercial Sale
StatusActive

Community Information

Address15-b, 17, 21 And 23
CityCharleston
CountyCharleston
StateSC
Zip Code29403

Area

Peninsula Chas. outside of crosstown

Additional Information

ZoningDR-2F

Listing Details

OfficeCarolina One Real Estate

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Reside Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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