179 Queen Street 1, 2, 3, 4, 5, Charleston, SC 29401

$2,185,000
Property Type: MultiFamily Square Footage: 4,500 Lot Size (sq. ft.): 21,780 Status: Closed
Current Price: $2,185,000 List Date: 5/13/2022 Last Modified: 4/24/2025

Overview

Description

Excellent opportunity to own an income producing multifamily property in one of Charleston's premier neighborhoods, Harleston Village. This large building totals 10 bedrooms and 6 bathrooms across 5 units, and is located just a stone's throw from Colonial Lake, restaurants, coffee shops, shopping, theaters, and all the best of what downtown Charleston has to offer. 179 Queen St is currently a blend of permitted short term, executive, and long term rentals, and will provide its next owner with options to suit whatever their investment needs may be. Property includes a large parking lot with 7+ spaces.

Supplements: Unit 1: 1 BR/ 1 BA Leased: STR ~$5,500* Unit 2: 3 BR/ 2 BA Leased Executive ~$4,600* Unit 3: 1 BR/ 1 BA Leased Long Term $2,500 Ends 3/31/23 Unit 4: 3 BR/ 1 BA Leased Long Term $2,600 Ends 7/29/22 Unit 5: 2 BR/ 1 BA Leased Long Term $4,500 ...

Listing Details MLS# 22005657

Location, Tax & Legal

Tax Map #
4571201003
Street #
179
Street Name
Queen
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
Courtenay
High School
Burke
Directions
Head south on Rutledge. Take left on Queen St. Property is 3rd on the right.
Unit #
1, 2, 3, 4, 5
Legal Description
179 Queen Street

Contract Info

MLS List Date
2022-03-07
Primary Structure List Price/SqFt
500

General Property Info

Number of Units
5
# Stories
3
Ground Level
Yes
Primary Structure Apx SqFt
4500
Year Built
1855
Acreage
0.5
Potential Short Sale
No

Income Expenses Fees

Annual Expenses
59784
Net Income
97068

Status Change Info

Sold Date
2022-08-01
Sold Price/SqFt
485.56
New Mortgage Type
Cash

Unit 1

SqFt
650

More Information

Unit 2

SqFt
1100

Unit 3

SqFt
840

Unit 4

SqFt
1010

Unit 5

SqFt
900

Income, Expenses & Fees

Gross Income
156852

SqFt Source

Previous Listing
Yes
Tax Records
Yes

Roof

Slate
Yes

Exterior

Wood Siding
Yes

Foundation

Crawl Space
Yes

Zoning

Conforming
Yes

Garage/Parking

Other (Use Remarks)
Yes

Driveway

Gravel
Yes

Architectural Style

More than 4
Yes
Quadplex
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Ceiling Fan
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Central Air
Yes

Heat

Heat Pump
Yes

Sale Includes

All Furniture
Yes
Building and Land
Yes

Proposed Financing

Any
Yes

Tenant Pays

Other (Use Remarks)
Yes

Possession

At Closing
Yes

Special

Flood Insurance
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Previous Listing; Tax Records Roof: Slate Exterior: Wood Siding Foundation: Crawl Space Driveway: Gravel Architectural Style: More than 4; Quadplex Zoning: Conforming Cooling: Central Air Heat: Heat Pump Sale Includes: All Furniture; Building and Land Tenant Pays: Other (Use Remarks) Proposed Financing: Any Possession: At Closing Special: Flood Insurance Utility Suppliers: Charleston Water Service; Dominion Energy
IDX
Listing Office: Realty One Group Coastal
Last Updated: April - 24 - 2025
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