5 Halsey St Charleston SC 29401 MLS# 1102291

Posted By Marshall Walker @ Jan 29th 2011 9:10am In: Historic Charleston

5  Halsey St Charleston, SC 29401
5 Halsey St
BR 1102291 - Residential real estate
Charleston, SC

Welcome to 5 Halsey St! There are two ways to look at this house. Currently it is divided into three apartments. Apartment A is on the first floor and has 2 bedrooms. It is rented for $1200 a month. Upstairs there are 2 one bedroom apartments. Unit B is the larger one and rents for $800 a month while Unit C rents for $700. Given the house's proximity to MUSC, the Charleston School of Law, the College of Charleston and downtown, the units rent extremely quickly. There is off street parking for 4 cars. Total current cash flow is $2,700. The units could easily rent for more if the house was painted and dressed up a bit. ****** The other way to consider this house is to return it to its original form- a lovely 1925 single family Victorian. At the price it's listed, you could convert it back and finish it out just the way that you'd like it and still be in keeping with the range of home values on the street. ($600-900,000). Halsey St is a wonderful place to live. It's just a block long and is bordered by 2 parks. There is a lovely sense of community. Neighbors are welcoming, but respect your privacy. People move to the street and stay with many of the neighbors having lived there for more than 15 years. It's a great mix of ages and families with a number of young children and empty nesters. The neighborhood has block parties and even goes Christmas caroling together! You are downtown and can easily walk to King St, the auditorium, great restaurants, Colonial Lake, and the Farmers Market, but you have none of the pressure of the carriage tours or general tourist hustle and bustle. If you have always wanted to live downtown, here is your opportunity! How do I know so much about Halsey St? I have lived there happily for 20 years!!

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