Charleston SC Multi Family for Sale

ADDITIONAL INFORMATION

Seize the chance to shape this under-construction property in one of Charleston's most historic and valuable neighborhoods. This residence offers flexibility with architectural and engineering plans already in place, alongside potential for a zoning transition to a single-family home--enhancing the property's value significantly. Such a conversion could streamline requirements, reducing the need for multiple parking spaces, thereby maximizing space efficiency.In an area where completed homes often reach premium valuations, this property presents a unique canvas for transformation. Whether kept as a multi-unit residence or transitioned to single-family, the property's potential is immense. With the seller's interest shifting to other ventures, this listing offers a valuableopportunity for investors and visionaries to complete a distinctive home in Charleston's renowned downtown area.

ADDITIONAL INFORMATION

Don't miss this rare investment opportunity: a 3-unit property built in 2017, situated in the heart of Downtown Charleston. This modern multi-family home offers a total of 9 bedrooms, 6 full baths, and 3 half baths across 4,197 square feet. Each unit boasts approximately 1,300 square feet of living space, featuring 3 bedrooms and 2.5 baths.Inside, you'll find high-end finishes throughout, including an open floor plan with high ceilings, stainless steel appliances, and large windows that fill the space with natural light. Units on the second and third floors feature spacious balconies--perfect for enjoying the Charleston weather.This area offers easy access to all that Wagener Terrace has to offer, a walk or short drive to Historic Downtown Charleston, but it is also adjacent to the NoMo area where there is a growing opportunity to experience this budding area which is becoming a tech hub with many restaurants and breweries providing a fresh social scene, and it's only a 10-15 minute drive to Charleston International Airport. Lastly, from an investment standpoint, this property is within walking distance to the site of the Magnolia Development which is a 20 acre site that is slated to include office and retail within its plans. The property comes with five off-street parking spaces, a highly sought-after amenity in this area. The 3 leases are staggered with lease renewals coming up March 1, 2025, May 1, 2025, and August 1, 2025. The property generates a total of $102,000 in gross revenue between the three units which makes it a great investment opportunity with all three units on long term leases. Conversely, a buyer looking to occupy one unit could easily utilize the revenues from the remaining two units. A $2,500 lender credit is available and will be applied towards the buyer's closing costs and prepaids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

ADDITIONAL INFORMATION

Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*This property is part of a partial portfolio sale consisting of the following addresses: - 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 - 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244 - 65 Spring Street (commercial space) TMS: 460-08-03-053

ADDITIONAL INFORMATION

Phenomenal STR rental history!!! 60 & 60 1/2 Cannon Street is a 16BD/13BA trophy property providing investors with the rare opportunity to acquire an asset with tremendous presence, character, and scale in the city's most dynamic location. The property is situated on a deep 0.25-acre lot consisting of 13 off-street parking spots. It has already been condo'd into 5 separate tax map numbers split between a historic 1835 street facing triplex and 2004 rear duplex, each available for individual sale. TMS: 460-08-03-038 (All Units Combined), 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 1/2 A: 460-08-03-243, and 60 1/2 B: 460-08-03-244. All units will be sold fully stocked and furnished. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04872, 04873, 04432, & 04433.*This property is part of a partial portfolio sale consisting of the following addresses: 40 Spring Street A&B (6BD/6.5BA) TMS: 460-08-02-024 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 65 Spring Street (Commercial Space) TMS: 460-08-03-053

ADDITIONAL INFORMATION

90 Spring Street is a fully furnished short-term rental duplex comprised of a downstairs 4BD/3BA unit and an upstairs 4BD/3.5BA unit in Downtown's Elliotborough neighborhood. One on-site parking spot was recently added giving great potential for increased STR revenue. This stunning historic property is located just a few blocks from Charleston's iconic King Street featuring key amenities including but not limited to shopping, restaurants, nightlife, and is just a 20-minute drive from the beach. This building attracts high-end guests looking for a vibrant downtown vacation experience and is commonly rented for large groups such as wedding parties.*LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04431 + 04350*This property is part of a partial portfolio sale consisting of the following addresses: - 40 Spring Street A&B (6BD/6.5BA) TMS: 460-08-02-024 - 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244 - 65 Spring Street (Commercial Space) TMS: 460-08-03-053

ADDITIONAL INFORMATION

Beautifully renovated duplex located in the highly desirable Wagener Terrace neighborhood. 207 W Poplar offers an excellent investment opportunity, whether you're looking to live in one unit and Short Term Rent the other (legally permitted by the city of Charleston as a category 2 rental), or rent both for maximum income potential. Potential Gross rental income of $11,000 - $6,500 for Unit A + $4,500 for Unit B). With a total of 2,456 SF, Unit A offers 4 bedrooms & 2 bathrooms, while Unit B features 3 bedrooms and 2 bathrooms.Upon entering Unit A, you're welcomed by refreshed landscaping and a charming repainted front porch. Inside, a long hallway leads to all four spacious bedrooms and updated two bathrooms with new light fixtures, plumbing fixtures, and exhaust fans. Toward the back of the home, you'll find a fully updated kitchen, complete with granite countertops, bright white cabinets, new hardware and brand-new stainless steel appliances. The kitchen opens into an open-concept living and dining area perfect for entertaining. From the living area, step out onto the backyard to enjoy the brand-new deck, where you can enjoy the Charleston weather year round. Unit A also features brand-new luxury vinyl plank (LVP) flooring throughout as well as freshly painted walls, trim and ceilings. Access Unit B via the private back staircase, which leads to a cozy landing perfect for outdoor seating. Inside, you enter into the dining area, adjacent to a beautifully updated kitchen that mirrors the modern finishes of Unit A, including granite countertops, white cabinetry, and new appliances. Off the dining room, newly installed French doors lead to a welcoming living space which could also be used as an office or 4th bedroom. This unit features three spacious bedrooms and two updated bathrooms. Unit B is fully repainted and has retained its original hardwood floors, which have been lovingly refinished to preserve the home's character while offering a modern touch. Additional updates include the fully encapsulated crawlspace with sump pump, new washer and dryers in both units, new entry and exit doors and hardware for both units, all new interior doors in unit A, new ceiling fans and new blinds. Additionally the home features tankless hot water heaters and 2022 HVAC systems. The lot features a long driveway for up to four cars as well as a spacious storage shed. This property is conveniently located in Wagener Terrace, walkable to Hampton Park, local restaurants and shops or just a quick golf cart ride down the Peninsula to the heart of Historic Downtown Charleston. Whether you're looking to invest or settle into one of Charleston's most sought-after neighborhoods, 207 W Poplar is an excellent turn-key investment opportunity!

ADDITIONAL INFORMATION

TWO HOUSES, 5 UNITS, 14 BEDROOMS, 11.5 BATHROOMS, 8 PARKING SPOTS $224,400/YEAR GROSS INCOME. Two blocks from MUSC, this is a rare gem of a Fully renovated main house with 4 units totaling 10bd/8ba and a detached 4bd/3.5ba house completed in 2017 as well as off street parking for 8 cars. With a grand total of 14 bedrooms and 11 1/2 baths PLUS 8 parking spots, this is an extremely rare investment opportunity in one of the most sought after neighborhoods of Downtown Charleston. Potential to live in back house, STR one unit in front house and executive rent the other units would be a lucrative endeavor for the savvy investor.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Nestled in the heart of Charleston's vibrant historic district, 205 Coming Street offers a unique investment opportunity as an income-producing vacation rental. This charming duplex features two spacious units, each boasting 4 bedrooms and 4 bathrooms, providing ample space and comfort for guests.Designed with both style and functionality in mind, each unit showcases an open floor plan with modern finishes, a fully equipped kitchen, and cozy living areas perfect for relaxation. The bedrooms are generously sized, offering guests a comfortable retreat after exploring the rich history and culture of Charleston.Located just a short stroll from the city's renowned restaurants, shops, and historic landmarks, 205 Coming Street ensuresa steady stream of visitors year-round. Whether you're looking to diversify your investment portfolio or seeking a profitable addition to your rental properties, this duplex promises consistent returns and the charm of Charleston living. Both units are cooled and heated with mini split systems, and the property provides a large gravel driveway and parking lot for plenty of vehicles. Embrace the opportunity to own a piece of Charleston's charm while generating income from this well-appointed, ideally located vacation rental property. ** All information furnished to the best of the Listing Agent's knowledge, but is subject to verification by the purchaser and their agent.

ADDITIONAL INFORMATION

There is nothing like this on the market. A turnkey investment portfolio offered as a package, 15 Smith and 192 Rutledge is perfect for investors looking for hassle-free, income-generating properties in one of Charleston's most desirable areas. This nearly 15,000 SF portfolio, situated on almost half an acre, includes four duplexes, nine units, 31 bedrooms, and 17 off-street parking spaces. 192 Rutledge boasts a total of 17 bedrooms, 17 full bathrooms, a half bath, and 9 parking spots. These high-quality buildings offer contemporary finishes, stainless steel appliances, Rinnai tankless hot water heaters, custom cabinetry, wood flooring, private balconies/porches, and ample outdoor living space. Additionally, each unit has a fire alarm system in place, including smoke detectors,exits, and escapes. Each duplex is currently fully leased, ensuring a steady rental income from day one. Situated within walking distance to the College of Charleston, MUSC, and an array of restaurants and shops, this property is ideally located for tenants seeking convenience and a vibrant urban lifestyle.

ADDITIONAL INFORMATION

Located in Downtown Charleston, 118 President Street emerges as a fully licensed and operational short-term rental haven. This distinctive property showcases two separate units, designated as Unit A and Unit B, each boasting a comfortable layout featuring three bedrooms and three full bathrooms. Complementing its residential allure, the property offers the convenience of six off-street parking spaces, addressing a premium need in city living. A selection of furnishings is included, ensuring a seamless transition for its new proprietors. All six bathrooms across the premises have been exquisitely renovated in January 2023, promising modern design. 118 President Street represents a unique opportunity, ideal for investors seeking a turn-key solution in a sought-after location.

ADDITIONAL INFORMATION

Welcome to Charleston's premier investment opportunity in the heart of downtown! This property offers luxurious urban living with 6 stunning townhouse style units, each boasting 4 bedrooms, 4.5 bathrooms, a garage and rooftop deck. Built before the implementation of height restrictions in the area, these residences stand tall, providing unparalleled panoramic views of the historic city skyline from their rooftop decks. The convenience of drive-under one-car garages, ensures ample parking for residents and guests. As you step inside, you are greeted by modern upgrades and exquisite finishes throughout. The charm of wood floors adds warmth and character to the living spaces, enhancing the overall ambiance of the interiors. Designed for contemporary living, these units offerspacious layouts, ideal for both relaxation and entertainment. The rooftop decks present an idyllic setting for enjoying Charleston's picturesque sunsets or hosting memorable gatherings with friends and family. Situated in a highly sought-after location, this property epitomizes convenience with its proximity to an array of bars, restaurants, and shops. Experience the vibrant energy of downtown Charleston right at your doorstep, with everything you need just a leisurely stroll away. For savvy investors, this presents an exceptional opportunity to capitalize on the demand for urban living in Charleston. With the potential to convert these units into condominiums and sell them individually, the possibilities for maximizing returns are endless. Don't miss out on this rare chance to own a piece of Charleston's downtown charm while seizing a lucrative investment opportunity. Schedule your private viewing today and envision the limitless potential that awaits within these remarkable residences. In 2022, the rooftop decks and boards were redone and all new TPO roofs installed. Unit breakdown (all units have 4 beds, 4.5 baths): Unit A: 1,859 SF, Unit B: 2,018 SF, Unit C: 2,195 SF, Unit D: 2,195 SF, Unit E: 1,955 SF, Unit F: 1,955 SF. There are 13 total off street parking spaces, including garages.

ADDITIONAL INFORMATION

The parcel consist of 3 Freedman cottages and a vacant spot for a 4th cottage.

ADDITIONAL INFORMATION

This mix of in-service STR units and prospective development allows for the creation of a comprehensive infill project comprising five potential buildings, situated across consecutive street frontages (95,97,99 Line), and offering a harmonious blend of residential and commercial spaces. The noteworthy 95 Line Street emerges as the centerpiece as it is 100% completed and strategically occupying the prominent corner of Line and Coming Street. The 95 Line Street structure, a commendable feat of design, proudly boasts its commercial zoning and serves as a captivating mixed-use edifice. Rooted in its historical context, the structure showcases a meticulous restoration that faithfully pays homage to the original Germanic storefront, dating back the year 1867.Within 95 you will find a well-crafted four-unit historic establishment, a splendid juxtaposition of past charm and contemporary functionality is harmoniously realized. At present, three of these units serve as licensed short-term rental accommodations, duly operational and readily serving it's discerning clientele. The fourth unit, a versatile mercantile space, adds an appealing layer of commercial vibrancy to the development. Eminently enhancing the allure of these units, each space bears the signature touch of refinement and elegance, by the gifted minds of interior designers Sarah Glenn Boman and Rebeccah Rumph, of Studio Maman Interiors. Their expertise and ingenuity have thoughtfully enlivened these spaces, creating a captivating ambiance that seamlessly blends form and function. *See attached photos and description courtesy of the management team at Stay Duvet. In summary, this potential five-building infill development, and the established incomes from the STR units of 95 Line Street, have elevate this project to a realm of sophistication and distinction, that promotes a current hospitality and commercial environment ripe for a discerning eye to further expand. *see attached documentation.