Two Unit Historic Property for Sale in Downtown Charleston

Multi-Family for Sale
Catylist Listing ID: 30496640
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 4,875 SF
Sale Price: $2,649,000
Unit Price: $1,324,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: The Joseph Bennett (Thomas Grange Simons) House
Sale Terms: Cash to Seller
Cap Rate: 3.0%
Last Updated: 10/4/2019

Overview / Comments

The Joseph Bennett House (Thomas Grange Simons House) is a Notable, Category 2 home, built Circa 1814 and boasting a central pedimented pavilion. This grand Double Home is divided into two units: a 2 bedroom, 1 bath condo (Unit A), located on the ground level, and a 4 bedroom, 3.5 bath unit located on the 1st through 3rd levels (Unit B). Intricate moldings, soaring ceilings, impressive symmetry, and original heart of pine floors can be found throughout. The entry of Unit B boasts a large foyer and central stairhall. A formal Dining Room and a formal Living Room, each with a wood-burning fireplace, flank the entryway on the right and left sides of the home.The eat-in Kitchen overlooking a cozy den, a powder room and storage space is located at the rear of the home. Symmetrical piazzas found on both sides of the rear of the home overlook the fenced private garden. Pass a sunny roof terrace as you wind up the stairs to the second floor to find a large sitting area with a master suite on either side, each with a fireplace and bathroom. The third floor offers two additional bedrooms, one with a fireplace, and one full bathroom. On the Ground Floor, Unit A is a perfect sized 2 bedroom apartment with a modern Kitchen overlooking the open living space with old cooking fireplace. Off-Street parking is located at the rear of the property, at the end of the shared driveway.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570301129 and 4570301049
Zoning: OTHER
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 4
Year Built: 1814
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: Assigned parking in back of property
Total Parking Spaces: 1
Laundry: In Each Unit
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Single- and Two-family Residential, STR district
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Subdivision Name -128-130 BULL STREET Description -UNIT A % OWNERSHIP OF COM ELEM 24% Site Name -UNIT A and Subdivision Name -128-130 BULL STREET Description -UNIT B % OWNERSHIP OF COM ELEM 52% Site Name -UNIT B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,914 63,454 137,341
Median Age: 26.85 34.61 36.48
Households: 8,153 26,908 57,735

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