Bought with Keller Williams Realty Charleston West Ashley
$1,600,000
$1,750,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1,344 SqFt
SOLD DATE : 06/12/2023
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $1,190
Subdivision Cannonborough-Elliotborough
MLS Listing ID 23006050
Sold Date 06/12/23
Bedrooms 4
Year Built 1900
Lot Size 1,742 Sqft
Acres 0.04
Property Description
FULLY LICENSED STR IN OPERATION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property has undergone a studs out renovation that boasts luxury finishes with two separate dwelling units. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter of nightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. ((FULLY RENOVATED, FURNISHED, TURNKEY (Each of the units feature two full bedrooms and two full bathrooms which have been fully renovated with similar finishes throughout. The kitchen in each unit is the focal point of every home, which is why each kitchen is dressed in gold finishes and boasts upgraded stainless steel appliances, custom shaker cabinets with a farmhouse sink, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the units included walk in herringbone pattern tiled shower with an illuminated shower niche, wood floors throughout. Finally, the rear of the property has been reimagined with a paver patio, modern fencing with mounted lighting, café lighting, and turf. This property is modern and virtually maintenance free!((HIGH CASHFLOW PROPERTY(Although the property is newly licensed and just began operating as a short-term rental, comparable data suggests gross short term rental revenue could be up to $225,000 yearly.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Heat Pump, See Remarks
Cooling Central Air, Other
Exterior
Garage Spaces 1.0
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Total Parking Spaces 1
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Financing Cash, Other (Use Agent Notes)
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