38 Bull Street, Charleston, SC 29401
$2,460,000
Property Type:
MultiFamily
Square Footage:
5,608
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$2,775,000
List Date:
5/14/2024
Last Modified:
6/20/2024
Overview
Description
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
Supplements: ... (Read more)
Listing Details MLS# 24012252
Location, Tax & Legal
- Tax Map #
- 4570302026
- Street #
- 38
- Street Name
- Bull
- 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
- From Rutledge, turn LEFT onto Bull Street. Home will be on your LEFT.
- Legal Description
- 38 BULL
Contract Info
- MLS List Date
- 2024-05-13
- Primary Structure List Price/SqFt
- 494.83
General Property Info
- Number of Units
- 4
- # Stories
- 3
- Primary Structure Apx SqFt
- 5608
- Year Built
- 1880
- Acreage
- 0.26
- Potential Short Sale
- No
- Other Structures Y/N
- No
Status Change Info
- Sold Date
- 2024-06-20
- Sold Price/SqFt
- 438.66
- New Mortgage Type
- Conventional
More Information
SqFt Source
- Appraisal
- Yes
Roof
- Metal
- Yes
Exterior
- Wood Siding
- Yes
Garage/Parking
- Other (Use Remarks)
- Yes
Architectural Style
- Single Family Detached
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Cooling
- Central Air
- Yes
Heat
- Forced Air
- Yes
Proposed Financing
- Cash
- Yes
- Conventional Loan
- 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:
Appraisal
Roof:
Metal
Exterior:
Wood Siding
Architectural Style:
Single Family Detached
Cooling:
Central Air
Heat:
Forced Air
Proposed Financing:
Cash; Conventional Loan
Possession:
At Closing
Utility Suppliers:
Charleston Water Service; Dominion Energy
Listing Office:
The Cassina Group
Last Updated: June - 20 - 2024
Broker Attribution:
843-628-0008
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