MLS# 30519966 | 185 Rutledge Avenue Charleston SC | subdivision

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$750,000 | N/A beds | N/A full baths | N/A half baths | 5,368 sqft

$750,000
185 Rutledge Avenue
Charleston, SC 29403
  • $139.72Price per SqFt
  • 5,368SqFt
  • 473Days on Market
  • N/AZoning
  • 1840Year Built
  • Multi FamilyUse
  • MLS# 30519966
  • Commercial Sales
  • Multi Family
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

Price is Firm. Wonderful 3 Unit Apartment Building with 9 Bedrooms, 5.5 Bathrooms, and 8 Parking Spaces perfectly situated on the Peninsula at the corner of Rutledge Avenue and Bee Street. Excellent rental units adjacent to MUSC and convenient to the College of Charleston. The property is valued at $1.2M; $133k per Bedroom; $223 psf and has been discounted by $450k to account for deferred maintenance (see Agent for details). Sentricon Termite System in place and transferrable to Buyer at $425 per year. Please see the attached property pro-forma. AE Flood ZoneZoned DR-2 in the Short Term Overlay District, but Zoned Residential (Therefore Bed and Breakfast rules would apply if someone wanted to use the property as a Short Term Rental use. Conditions are attached) Tenant occupied Please allow 24 hours for all showing requests.


Sale Info

Listing Date: 01-30-2023

Sold Date: 04-03-2020

Listing Sold: 
   4 Year(s), 1 month(s), 14 day(s) ago

Asking Price: $750,000

Selling Price: $750,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1840

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  Great Tri-Plex For Sale at Rutledge Avenue & Bee Street

Offer Compensation

Property Info

Second Property Subtype:  Multi Family, Special Purpose

Zoning:  City of Charleston - DR-2 - D

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $750,000

Build To Suit:  No

Property Use Type:  Hospitality, Industrial, Investment, Multi-Family, Other, Retail, Student Housing, Vacant

Class Type:  Multi Family

Sold Info

Sold Date:  2020-04-03T00:00:00

Sqft Info

Rentable Area:  5368

Unit Info

Utilities / Hvac

Courtesy of listing office Southeastern Management Group, 

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On marshallwalker.com since Mon, Jan 30th 2023
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-17-2024 3:08 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-17-2024 3:08 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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