Sold

132 Smith Street

Charleston SC, 29403

$4,785,000


$232.29 per sqft

Sold

20,599 sqft

Residential

Built in 1800

** Due to the demand of this property we will be having a Call to Offers. The deadline for offers will be on 8/20/15. Please call listing broker for details.**This is 14 units within 4 buildings in the heart of downtown. The property has been used as college rentals with the average increase in rents going up at least 5%/year. Great rental history with the only vacancies attributed to construction during upgrades. There is room for another structure in the rear. There is also value add opportunities with upgrades to the buildings and ultimately the possibility of making this a condo project. A majority of leases are signed thru 7/16. Each multi bedroom unit is allotted 2 off street parking spaces and the 1 bedroom unit is allotted 1 off street parking space.

15019405

MLS ID

July 22, 2015

Listed

February 22, 2024

Updated

Map

132 Smith Street
Charleston SC, 29403

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes


Heating Description

Electric, Forced Air, Heat Pump, See Remarks

Exterior/Building Features

Lot Size

0.55 Acres


Sewer

Public Sewer

School Information

High School

Burke


Elementary School

Memminger

Other Property Details

Area Name

51 - Peninsula Charleston Inside of Crosstown


Garage

No


View

No


County

Charleston


Pool

No


Buyer Agency Compensation

2%

Courtesy of Twin Rivers Capital LLC with Phil Rose,
Listing Contact:  

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