Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
Multi-familyProperty Type
1930Year Built
5,662 sq ftLot Size
Listed by • Agent Group Realty Charleston
Bought with Seantell Dorsey• Agent Group Realty Charleston
GREAT DUPLEX EACH UNITE IS 3/BR &1 BAT FRONT & REAR PORCH WITH BIG YARD IN THE BACK. THIS PROPERTY IS BEING SOLD AS IS , NEEDS COMPLETE STRUCTURAL RENOVATION DUE TO FIRE,GREAT DOWN TOWN LOCATION, JUST WALKING DISTANCE FROM MUSC.THIS PROPERTY IS BEING SOLD AS IS Condition. SELLER IN PROCESS OF WORKING A SHORT SALE WITH LENDER.PROPERTY LOCATED IN PATH OF ECONOMIC DEVELOPMENT FOOTPRINT, BRING ALL OFFERS!!!Seller will make NO Repairs or Concessions!
Charleston Trident MLS #2115516
Oct 19, 2001
Listing Removed
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Sep 13, 2001
Listed
$160,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
46 ft.
Lot depth
120 ft.
Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Charleston County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 29, 2024.
DR-1F
HISTORIC CORRIDOR DISTRICT
AR
OLD CITY HEIGHTS DISTRICT - 2.5
SR CAT 2
Diverse Residential District
The DR districts allow multi-family residential (3 or more) dwellings and one-family attached dwellings as well as single- and two-family dwellings. Density limitations are 6.0, 9.0, 12.0, 19.4, 19.4, 26.4 and 26.4 units per acre respectively. Within the DR-1, DR-1F, DR-2, DR-2F districts, the Board of Zoning Appeals may approve as a special exception, fraternity houses, sorority houses, dormitories, and homes for the elderly.
Zone overlays
Old and Historic District
Amusement and Recreation Services Overlay Zone
Old City Heights District 2.5
Short Term Rental Overlay Zone - Category 2
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Apr 5, 2026 • Final
Permit - roofing, residential alteration/repair
Repair the roof using GAF shingles.
Roofing
Jan 3, 2024 • Final
Permit - painting
Repaint the exterior trim of the building using the existing color.
Remodel
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.
Property details
Parking
Parking & Garage Information
Open Parking: Yes
Interior
Interior Features
Appliances: Dryer, Washer
Bathroom Information
Bathrooms Total Integer: 8
Bedroom Information
Bedrooms Total: 8
Heating & Cooling
Cooling: Other
Exterior
Exterior Features
Roof: Asphalt
Property Type
Residential Income
Property Information
Other Structures: No
Property Type: Residential Income
Building Information
Structure Type: Duplex
Subdivision Information
Subdivision Name: Westside
Financial
Tax Information
Tax District: 71 - City of Charleston
Tax Legal Description: LT B
Tax Map Number: 4600702217
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
Financial Information
Number Of Units Total: 2
Multi-Unit Information
Number Of Units Total: 2
School Information
Elementary School: James Simons
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Westside
MLS Area Major: 52 - Peninsula Charleston Outside of Crosstown
Community Information
Community Features: Laundry
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on Jul 29, 2024