263 Rutledge Ave A&B

Multi-Family for Sale
Catylist Listing ID: 30667424
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,880 SF
Gross Building Area: See Agent
Sale Price: $951,000
Unit Price: $475,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.36%
Last Updated: 11/18/2020

Overview / Comments

The sale of 263 Rutledge includes two buildings. The front building has five bedrooms, was built in 1890 and offers classic Charleston charm in the wood beams on the ceilings, exposed brick fireplaces, and wood floors, mixed with upgraded fixtures in the kitchen and baths. The back house was built in 2014 and is a modern one bedroom, one bathroom unit. Both buildings are fully rented and offer a great investment opportunity in the highly desirable Cannonborough-Elliottborough neighborhood. Close to MUSC and only two blocks from Spring Street, the best of downtown's dining, shopping, and nightlife is close at hand!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4600704002
Zoning: DR-2F - Diverse Residential (26.4 units per acre)
Property Located Between: Line and Bogard Street
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1890
Construction/Siding: Wood Siding
Parking Type: Surface
Laundry: In Each Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,856 57,832 136,268
Median Age: 27.38 34.23 36.29
Households: 9,813 24,554 56,862
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