Rare STR OVERLAY-two units

Hospitality for Sale
Catylist Listing ID: 30748743
Property Subtypes: Vacation Rental(s), Other
Number of Units: 2 Units
Building Size (RSF): 1,455 SF
Gross Building Area: See Agent
Gross Land Area: 0.05 Acres
Sale Price: $795,000
Unit Price: $397,500 Per Unit
Property Use Type: Investment
Building Name: 114 President
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2021

Overview / Comments

Historic ( 1854) building with two floors, two STR units, located in the STR overlay which allows AirBNB rentals or longer term rental.

Side porches and exterior stairs to access second floor unit.
Been used as a vacation rental, primarily as entire house : 4 bedroom/2 bath ( both floors)

Set up now is for two separate units with two bedrooms, one bath in each. Opportunity to use now or to refresh/update. Location is convenient for Charleston visitors or MUSC.

Well positioned for long term and opportunity to earn income now.

Please look at photos.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4601104136
Zoning: GB - General Business
Retail Clientele: General, Family, Business, Traveler
Property Located Between: President and Cannon
Property Visibility: Good
Largest Nearby Street: Cannon
Area Description: Adjacent to MUSC, Westedge
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1854
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: Driveway with ability to stack 2-3
Sprinklers: None
Laundry: In Each Unit
Zoning Description: GB in the STR overlay

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,073 59,470 141,625
Median Age: 27.67 34.62 36.16
Households: 10,368 25,167 59,585

Contact

Photograph of Listing Agent

Margaret H Brockinton

The PrimeSouth Group LLC SCCMLS Member
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