162 Wentworth Street, Charleston, SC 29401

$2,200,000
Property Type: MultiFamily Square Footage: 5,773 Lot Size (sq. ft.): 3,485 Status: Closed
Current Price: $2,750,000 List Date: 9/03/2024 Last Modified: 11/08/2024

Overview

Description

Experience timeless charm and investment potential at 162 Wentworth, a historic gem dating back to 1876, nestled in the heart of Charleston, South Carolina. Situated on the prominent corner of Rutledge and Wentworth streets, this mixed-use building offers a unique opportunity for savvy investors. Boasting a fully leased ground floor retail space and four residential apartments above, this property presents an ideal blend of commercial and residential income streams. Meticulously restored and updated, 162 Wentworth is poised to deliver a seamless transition for its new owner into the world of turnkey rental income.

Supplements: Immerse yourself in the allure of Charleston's vibrant culture, with convenient access to Colonial Lake, MUSC, College of Charleston, the French Quarter, and an array of downto

Listing Details MLS# 24012153

Location, Tax & Legal

Tax Map #
4570304060
Street #
162
Street Name
Wentworth
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29401
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
71 - City of Charleston
Subdivision
Harleston Village
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke
Directions
West on Broad, Right on Rutledge. Corner of Rutledge and Wentworth
Legal Description
162 WENTWORTH & RUTLEDGE

Contract Info

MLS List Date
2024-05-13
Primary Structure List Price/SqFt
476.36

General Property Info

Number of Units
5
# Stories
3
Primary Structure Apx SqFt
5773
Year Built
1876
Acreage
0.08
Potential Short Sale
No
Other Structures Y/N
No

Status Change Info

Sold Date
2024-11-05
Sold Price/SqFt
381.08
New Mortgage Type
Cash

Unit 1

SqFt
1100

Unit 2

SqFt
749

More Information

Unit 3

SqFt
880

Unit 4

SqFt
584

Income, Expenses & Fees

Gross Income
220000

SqFt Source

Previous Listing
Yes

Roof

Metal
Yes

Exterior

Wood Siding
Yes

Foundation

Crawl Space
Yes
Piling
Yes

Garage/Parking

2 Car
Yes

Driveway

Gravel
Yes

Architectural Style

More than 4
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Dishwasher
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Central Air
Yes

Heat

Electric
Yes

Amenities

Laundry
Yes

Sale Includes

Building and Land
Yes

Proposed Financing

Cash
Yes
Conventional Loan
Yes

Tenant Pays

All Utilities
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Previous Listing Roof: Metal Exterior: Wood Siding Foundation: Crawl Space; Piling Driveway: Gravel Architectural Style: More than 4 Cooling: Central Air Heat: Electric Amenities: Laundry Sale Includes: Building and Land Tenant Pays: All Utilities Proposed Financing: Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: Constant Properties
IDX
Last Updated: November - 08 - 2024
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