Newer Eastside Duplex: 111 America A&B

Multi-Family for Sale
Catylist Listing ID: 30667386
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $600,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.03%
Last Updated: 2/16/2021

Overview / Comments

Excellent investment potential as two buildings are included in this sale, 111 America A and B, both built in 2014! These properties were built to include upscale details and fixtures and offer a 3rd floor porch. Both are elevated and are fully rented as college rentals. These properties are in a great location only 2 blocks away from the Cigar Factory, Rappahannock Oyster Bar, Hampstead Square and all of the dining, shopping, and nightlife downtown has to offer!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4590504005
Zoning: DR-2F - Diverse Residential (26.4 units per acre)
Property Located Between: Cooper and Blake Street
Total Number of Buildings: 2
Property Condition: Excellent
Number of Stories: 3
Year Built: 2014
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: Gravel driveway
Laundry: In Each Unit
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,775 56,914 135,313
Median Age: 29.21 33.33 36.39
Households: 6,404 23,947 56,429
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