23-25 Line Street, Charleston, SC 29403
$2,325,000
Property Type:
MultiFamily
Square Footage:
5,984
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$2,450,000
List Date:
9/18/2018
Last Modified:
10/01/2020
Overview
Description
Smith's Alley is the best new redevelopment project in Charleston. Conveniently located near the corner of Meeting & Line Streets across from the new 12 acre Courier Square development. Smith's Alley is a beautifully renovated 7 unit; 22 bedroom apartment building in the epicenter of Charleston's most creative food, music, design, & art scene. Complete restoration from top to bottom: all new roof, electrical, plumbing, & HVAC. Beautiful new kitchens, new high-end appliances, new bathrooms, quality fixtures. Year 1 Rent Income = $185,400. NOI = $154,793 (see the attached Sale Information Packet). Parking available for Tenants & tranquil private courtyards for Tenant use: recreation, meditation, alfresco dining, bike storage. Well positioned in the 'new' center of the Peninsula. Easy access
Supplements: ... (Read more)
Listing Details MLS# 18025653
Location, Tax & Legal
- Tax Map #
- 4590503048047
- Street #
- 23-25
- Street Name
- Line
- Street Suffix
- Street
- County
- Charleston
- State
- SC
- Zip Code
- 29403
- Area
- 51 - Peninsula Charleston Inside of Crosstown
- Tax District
- 71 - City of Charleston
- Subdivision
- None
- Elementary School
- Mitchell
- Middle School
- Simmons Pinckney
- High School
- Burke
- Directions
- From Meeting Street, turn onto Line Street heading East. Property will be on your Right (South Side).
- Legal Description
- TMS 459-05-03-048 and 459-05-03-047
Contract Info
- MLS List Date
- 2018-09-18
- Primary Structure List Price/SqFt
- 409.43
General Property Info
- Number of Units
- 7
- # Stories
- 2
- Ground Level
- Yes
- Primary Structure Apx SqFt
- 5984
- Year Built
- 1980
- Acreage
- 0.23
- Potential Short Sale
- No
Status Change Info
- Sold Date
- 2018-12-14
- Sold Price/SqFt
- 388.54
- New Mortgage Type
- Conventional
SqFt Source
- Tax Records
- Yes
Architectural Style
- More than 4
- Yes
More Information
New Owned/Pre-owned
- Pre-Owned
- Yes
Property Features
SqFt Source:
Tax Records
Architectural Style:
More than 4
Documents
Lead Paint Disclosure ›
Listing Office:
Southeastern Management Group
Last Updated: October - 01 - 2020
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