Bought with Carolina One Real Estate
$550,000
$550,000
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5 Beds
1,475 SqFt
SOLD DATE : 10/16/2023
Key Details
Sold Price $550,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,475 sqft
Price per Sqft $372
Subdivision Orange Grove
MLS Listing ID 23021700
Sold Date 10/16/23
Bedrooms 5
Year Built 1959
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Discover a Rare Opportunity in the Heart of Charleston, SC, with this Charming Duplex! This property is a unique investment prospect because it qualifies as a short-term when the owner resides in one of the two units. Whether you're looking for a source of passive income or a place to call home, this duplex delivers on all fronts. Offering a prime location, it sits close to Charleston's historic sites, dining establishments, shopping districts, and entertainment hubs. Comprising two self-contained units, this duplex provides flexibility for rental income or multi-generational living arrangements. With the owner occupying one unit, you can tap into Charleston's bustling tourism scene by renting out the other as a short-term vacation rental. Situated on nearly one quarter-acre of land.You'll enjoy the privacy the surrounding fence offers while basking in the shade of the majestic live oak tree stretching its canopy over the backyard. This property also features three versatile outbuildings, one currently being used as a functional woodshop. With room for up to 10 parking spaces, this property provides ample space and endless opportunities.
This meticulously updated building offers a fresh and modern aesthetic, thanks to a recent paint job, new windows, and carefully landscaped surroundings. Unit A, which served as a charming Airbnb, has undergone a comprehensive transformation. You'll find a delightful space with three bedrooms and one bathroom inside. New features include resilient LVP flooring and baseboards. The kitchen boasts new cabinetry, butcher block countertops, a new sink with stylish tile backsplash, and a new dishwasher. A shiplap wall adds a trendy touch, The bathroom has been completely revamped with a tiled shower, a new shower base, an elongated toilet, and a vanity. Modern amenities such as a bathroom exhaust fan, a WiFi thermostat, a keypad entry, and updated windows and trim elevate the comfort and functionality of this unit.
Unit B, served as the current owner's primary residence, is in the midst of an exciting renovation. Some key updates have already been completed, including new windows and trim, setting the stage for a fresh and inviting atmosphere. The kitchen has undergone a total transformation, featuring attractive hickory cabinets and a sleek subway tile backsplash. New appliances, including a range, microwave, refrigerator, dishwasher, and garbage disposal, ensure modern convenience for your culinary endeavors. An enclosed laundry room adds practicality to daily living. The finishing touches, including paint and flooring, will be impeccably executed and finalized before closing, allowing you to move in and enjoy your revamped space hassle-free
Both units have received substantial updates to essential systems, ensuring efficiency and peace of mind for the future. The property boasts new ductwork, enhancing heating and cooling distribution throughout the units. Additionally, one of the units benefits from a brand-new HVAC unit, guaranteeing comfort in all seasons. Electrical systems have been thoroughly updated to meet modern standards. Further enhancing the property's functionality, epoxy spin-cast has been applied to the sewer system, and a new main water shut-off valve has been installed, simplifying maintenance and minimizing potential issues. These thoughtful upgrades contribute to this property's overall appeal and long-term value.
With limited inventory in this price range and its proximity to downtown Charleston, this property presents a rare opportunity that won't last long. Act swiftly to secure your piece of this highly sought-after real estate, offering modern updates and the potential for income generation. Take advantage of this gem in the heart of Charleston!
Location
State SC
County Charleston
Area 11 - West Of The Ashley Inside I-526
Exterior
Garage Spaces 1.0
Roof Type Asphalt
Parking Type 1 Car
Total Parking Spaces 1
Building
Foundation Slab
New Construction No
Schools
Elementary Schools Springfield
Middle Schools C E Williams
High Schools West Ashley
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