38 Bull Street
Charleston,
SC
29401
Property Details
List Price: |
$2,775,000 |
Beds: |
10 |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
The Cassina Group |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1880 |
Notes: |
Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering quintessential Charleston views. Unit A features three bedrooms and two full baths, while Unit B spans two stories, with three bedrooms and two baths across its two floors. Unit C offers cozy comfort with one bedroom and one bath, while the remaining unit, Unit D, is a back house apartment with three bedrooms and two bathrooms. Off-street parking, currently leased for additional income, adds a coveted amenity to this historic gem. |
MlsNumber: |
24012252 |
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Listing Provided By: |
The Cassina Group, original listing |
Name: |
The Cassina Group |
Phone: |
(843) 628-0008 |
Office Name: |
The Cassina Group |
Office Phone: |
(843) 628-0008 |
Agent Name: |
Jimmy Dye |
Disclaimer: |
Copyright © 2024 Charleston Trident Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |