Seize a truly exceptional investment opportunity with this 3-unit multi-family home nestled in the heart of Downtown Charleston, SC. A rare diamond waiting for its savvy investor/developer, this property offers phenomenal income potential for both long-term tenants and the ability to generate lucrative short-term rental income. The home features three distinct units, providing a highly desirable mix for tenants: Location is everything, and this property boasts unparalleled walkability to key Lowcountry institutions, ensuring consistent demand from renters. It is mere walking distance to MUSC, The Citadel Military College, and the VA Hospital, as well as essential amenities like Publix. property sold ''as is''This investor special is rich with classic Charleston charm, featuring beautiful wood floors, a private balcony, a charming brick fence, and a host of other great features. Don't miss your chance to own a versatile, income-producing asset in one of the country's most desirable real estate markets. Invest in Charleston's legacy and future today! Unit A: 2 Bd, 1 Ba, Unit B: 3 Bd, 2 Ba, Unit C: 1 Bd, 1 Ba.
Westside, located between the Ashley River and Hampton Park, is a historic and residential Charleston neighborhood with a working waterfront edge and a porch-lined streetscape. The neighborhood’s character concentrates around the Spring Street corridor near the Crosstown, where corner stores, small galleries, and late-night bites sit beside long-time workshops. Shotgun houses and Charleston single homes mix with newer infill, keeping the blocks visually varied. Revelry Brewing Co. and The Harbinger Cafe & Bakery act as local anchors for coffee-and-patio afternoons and brewery nights. The Citadel’s parade grounds and Hampton Park’s lagoons frame daily routines with open sky and marching-band cadence. Waterfront views and pocket parks give the grid a breezy, walkable feel.
Provided by Walk Score and Local Logic
Offer insights
166 President St · $750,000
$745K and above
75% chance or better to win
Why $745K+ is a strong offer
DAYS ON MARKET
160 days
The average home goes pending in 84 days.
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Family room
Formal living room
Bedrooms
6 bedrooms
Bathrooms
4 bathrooms
Exterior features
Balcony
Rain gutters
Shed(s)
Brick and wrought iron fencing
Home design
Single-family detached home
Two-story / multi-story
Parking
Off-street parking
Construction
Metal roof
Utilities
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
The GB district is intended to provide for a broad range of commercial uses and activities. It is the most intensive commercial zoning district. Prohibited uses include junk and salvage yards, and storage yards (except for vehicles and boats). Mini-warehouse/self-storage uses may be permitted as special exception uses subject to the approval of the Board of Zoning Appeals. Automotive repair shops, communication towers, gas stations, short term lenders, veterinary clinics, and stables may be permitted as conditional uses.
Zone overlays
Amusement and Recreation Services Overlay Zone
Old City District
Old City Heights District 2.5
Short Term Rental Overlay Zone - Category 2
Permitted uses
Include but are not limited to:
Laundromat
General retail
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure-Other
Office
Medical office
Marina
Apr 15, 2020 • Final
Permit - painting
Remodel
Sep 17, 2018 • Final
Engineering permit (row) - private
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Charleston, SC • 29403
Average low and high temperatures (°F)
56
38
63
45
72
53
78
62
82
69
89
75
92
79
85
74
83
69
76
61
71
54
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 166 President St
$711,941
$38K under list price of $750K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $1.4M.