Renovated Triplex in Downtown Charleston

Multi-Family for Sale
Catylist Listing ID: 30778271
Number of Units: 3 Units
Building Size (RSF): 2,591 SF
Gross Building Area: See Agent
Sale Price: $929,000
Unit Price: $309,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/27/2022

Overview / Comments

A beautifully renovated Tri-Plex is available in the sought after Westside community in Downtown Charleston. With the Joe Riley Baseball Stadium within walking distance, this neighborhood is in a prime location, particularly to commuters and foodies alike. This is the perfect opportunity to live in one unit and rent the other 2 units or take advantage of your 1031 exchange. This multi-unit property is located at 429 Race Street and is selling for $929k. Unit 1 is located downstairs with 1,025 sqft. Featuring 2 bedrooms and 2 full bathrooms that were fully renovated in October of 2020. New plumbing and electrical was added, along with a tankless water heater and new ductwork.

The master suite bathroom features tiled showers, marble vanities, and a beautiful walk-in shower with a glass door. In the kitchen, you'll find new granite countertops and stainless steel appliances. There is laminate flooring throughout and a new galvanized aluminum roof, installed in 2019.

Unit 2 is located upstairs with 925 sqft. Featuring 2 bedrooms and 1 full bathroom. This unit has laminate flooring throughout, a tankless water heater and new ductwork. There is also a new porch floor and porch roof as of 2021.

Unit 3 is a Cottage Home located in the rear of the duplex shy of 650 sqft. Featuring 2 bedrooms and 1 full bathroom that is fully renovated. New plumbing and electrical were added, along with stainless steel appliances and granite countertops. The bathroom features a tiled walk-in shower and a new hot water heater as of 2021. There is laminate flooring throughout with a new roof that was added in 2019.

All units share a common intimate backyard area with lights and a firepit.

The units are also within walking distance to Brittlebank Park, Harmon Field, and the Citadel, as well as a lot of popular local restaurants, such as Melfi's, Little Jack's Tavern, Harold's Cabin, and Leon's. A quick drive in either direction will land you in Mount Pleasant or among the locals at Folly Beach. Westside is a great location for those looking for a relaxed neighborhood that is a quick walk or drive to all Charleston has to offer.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4600702131
Community Amenities: Play Ground
Property Located Between: Rutledge Ave to Race Street
Number of Stories: 2
Year Built: 1930
Construction/Siding: Wood Siding
In Flood Plain?: Yes

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,998 60,303 143,922
Median Age: 27.83 34.59 35.99
Households: 8,772 25,493 60,487


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.