MLS# 1325293 | 119 Drake Street Charleston SC | Eastside subdivision
843-225-7007
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Charleston, SC 29403
- 9Beds
- N/AFull Baths
- N/AHalf Baths
- 2,300SqFt
- 1890Year Built
- 0.00Acres
- MLS# 1325293
- Multi Family
- Sold
- Approx Time on Market2 months, 20 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionEastside
Overview
Thought you couldn't afford to live downtown? Think again... this an incredible investment opportunity! Beautiful four-unit converted Charleston single home in the increasingly popular Eastside neighborhood of Charleston. Built in 1890, yet updated between 2010-2012 as part of an owner-occupied renovation. Complex has two, 3bed/1bath units, one, 2 bed/1 bath unit and one 1 bed/1 ba unit on an extremely low maintenance lot with rents that far exceed mortgage. This neighborhood is rapidly increasing in value, with renovations at every turn, including the beautiful Cigar Factory conversion to luxury lofts. Location is superb for downtown or Mount Pleasant commuting at the foot of the Ravenel bridge, adjacent to the Saint Julian Divine Community Center (Gym membership for $25 ANNUALLY!).Zero days of vacancy due to popular location near the College of Charleston, Charleston School of Law, Trident Tech and the Medical University of South Carolina. Currently flood insurance is not required as this is one of the highest elevations on the peninsula.
Sale Info
Listing Date: 10-02-2013
Sold Date: 12-23-2013
Aprox Days on Market: 
2 month(s), 20 day(s)
Listing Sold: 
10 Year(s), 4 month(s), 26 day(s) ago
Original Asking Price: $448,000
Asking Price: $448,000
Selling Price: $440,000
Price Difference From Original:
Reduced By $8,000
Price Difference From Asking:
Reduced By $8,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1890
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex, Single Family Detached
Room Info
Beds: 9
Sale / Lease Info
Sold Date: 2013-12-23T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Sqft: 2300
Unit Info
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 3
Unit Bedrooms: 3
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Heading North On East Bay From Calhoun Take A Left Onto Columbus Street (just Past The Cigar Factory) And Then Take An Immediate Left On Drake, House On Right Across From The Two Old Smoke Stacks.Courtesy of listing office Carolina One Real Estate - 843-779-8660
We are FULL TIME and Full Service agents!
Wondering what your home in Eastside is worth today? Call me and lets speak about your Charleston SC Multi Family property for sale?
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