3 & 3.5 Doughty

Retail-Commercial for Sale
Catylist Listing ID: 30746371
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,771 SF
Gross Building Area: See Agent
Sale Price: $1,375,000
Unit Price: $364.62 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2021

Overview / Comments

Excellent opportunity to own 2 properties located within a 1 minute walk to MUSC and surrounding hospitals. The sale consists of 3 Doughty which is a 1,870 sq ft house. There are 2 bedrooms and 1 bath on each floor. The property is in great shape with recently painted interior, renovated bathrooms and refinished original hardwood floors. While zoned general business the property is currently being utilized as student housing and is rented long term.

The 2nd structure is a 1,897 sq ft, 2 story house that has all new mechanicals and is roughed in and ready for architectural completion. The property can be utilized as a residential duplex or commercial space on the bottom floor and an apartment on the 2nd floor.

Currently there is only one tax ID for the 2 houses.

3 Doughty has off street parking that will hold 3 cars and comes with 2 off street parking permits. 3.5 Doughty has 2 deeded parking spaces behind the building.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4601504067
Zoning: LB - Limited Business
Property Visibility: Excellent
Largest Nearby Street: Rutledge Avenue
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1916
Roof Type: Other
Construction/Siding: Wood Siding
Total Parking Spaces: 5
Parking Type: Surface
Parking Description: There is a driveway dedicated to 3 Doughty that can hold 3 cars and also has been allocated 2 off street parking permits. There is an additional 2 spots deeded to 3.5 Doughty behind the building in the parking lot.
Heat Type: Electricity
Heat Source: Central
Zoning Description: General business. Student Housing, Office, Retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,068 59,660 137,128
Median Age: 28.17 34.59 36.43
Households: 9,022 25,314 57,318

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