Listing Courtesy of: Josephine Caminos Oria - St. Germain Properties LLC
$1,500,000 affordable loan icon Calculate Payment

6 Doughty Street Charleston, SC 29403

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Fourplex Residence
6 Beds
Baths
3,281 Sq. Ft.
0.11 Acre Lot

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Last updated on 9/26/2024 2:38 PM
Nestled in the heart of Charleston's coveted Radcliffeborough neighborhood, this high-demand rental property offers a unique blend of history, charm, and investment potential. Just steps from MUSC and near College of Charleston, this ensemble features a historic single home and a separate carriage h...ouse, totaling four distinct units with excellent rental history. Current leases extend through 2025 (Units A, B & C through June 30, Carriage Home through July 31). Each lease includes a 90-day Termination Addendum in the event of a sale, offering flexibility for new owners. A spacious off-street parking lot accommodating up to 5 vehicles is a rare find. There is a large potential to maximize monthly rentals to well over $10,000/month.The Seller has had no problems with flooding in 25-plusyears of ownership. The home is in flood zone AE-11current insurance policy is with Progressive Insurance. The flood premium for main house is $2,358/year; flood insurance for carriage home is $1,363/year; homeowner's premium $5,699/year. The property holds the potential for condominium conversion, maximizing your return on investment. Alternatively, you could choose to live in one unit and generate rental income from the other three, offering flexibility to suit your needs. Throughout both the main house and carriage house, timeless heart pine floors exude classic Charleston charm, creating a warm and inviting atmosphere. The front building boasts a variety of living spaces, including a 2BR/1Bath unit, a 1BR/1Bath unit, and an efficient 1Bath studio. The separate carriage house offers a charming 2BR/1Bath layout, perfect for those seeking a bit more privacy. This property isn't just a purchase; it's an investment in Charleston's historic fabric and a doorway to countless possibilities. Whether you're seeking a multi-unit investment, a potential condo conversion project, or a home with built-in rental income, this versatile property delivers on all fronts. Continue reading
MLS#
24008597
Property Type
Fourplex
Bedrooms
6
Year Built
1835
Square Feet
3,281 sq. ft
Lot Size
0.11
Sewer
Public Sewer

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Listing Courtesy of: Josephine Caminos Oria - St. Germain Properties LLC
Andrea D. Conner, License 102111, Xome Inc., License 19633, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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This content last refreshed on 9/26/2024 2:38 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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