2 and 4 President Place

Multi-Family for Sale
Catylist Listing ID: 30598283
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 2 Units
Building Size (RSF): 1,750 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $850,000
Unit Price: $425,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/31/2020

Overview / Comments

Duplex and vacant lot! This is an excellent opportunity to own an income producing property in downtown Charleston as both units are currently leased. Recent renovations include all new windows within the past three years, a new roof in 2017, deteriorated wood siding replaced, building primed and painted, deck rebuilt, and water pipes replaced in 2018. 4 President Place is a vacant, buildable lot and is included in the sale of this property. Currently 4 President Place is used for parking and can accommodate 6-8 vehicles with tandem parking.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4601104140 AND 4601104141
Property Located Between: President Street and Spring Street, just off the Crosstown
Total Number of Buildings: 1
Year Built: 1895
Parking Type: Surface
Heat Source: Heat Pump
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,498 60,900 140,913
Median Age: 27.64 34.92 36.13
Households: 10,089 25,795 59,290
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