MLS# 15028116 | 254 Saint Philip Street UNIT A&B Charleston SC | Elliottborough subdivision

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$495,000 | 3 beds | N/A full baths | N/A half baths | 1,714 sqft

$490,000
254 Saint Philip Street UNIT A&B
Charleston, SC 29403
  • 3Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,714SqFt
  • 1852Year Built
  • 0.09Acres
  • MLS# 15028116
  • Multi Family
  • Sold

  • Approx Time on Market1 month, 16 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionElliottborough

Overview

INCOME producing property or convert to a SINGLE FAMILY home (with some alterations) in a great location very near all of the upper King St restaurants, shopping and night life. The location at the end of St Philips is very private with no through traffic. The main part of the building was built in 1852 and is currently being used as a duplex. Both units are creatively designed and desirable, and have heart pine floors The front unit, A, has a double piazza. The back unit, B, enters through a back deck, has an open floor plan, artistic touches and a 2nd floor porch. Both units have central HVAC; additionally unit B has a wood burning stove. The 2 compressors were replaced in 2007. The exterior siding is wood and cement-board siding. Fireplaces currently do not work.It is owner-managed with great tenants who are paying less than market rent. The front 2-bedroom/1 bath unit rents for $1400/month (rental projection is $1500-1750/month). The back 1-bedroom/1 bath unit rents for $950,000 (rental projection is $1100-1250/month). Tenants pay electric. Owner pays water, pest control and termite. Tenants have 1-year leases with 30-day kickout clauses. The property has LIMITED BUSINESS zoning. There is a storage shed in the back yard. There is a very serviceable driveway and the lot is very deep which would allow for, if storage shed was removed, many cars to park in the back yard.


Sale Info

Listing Date: 11-04-2015

Sold Date: 12-21-2015

Aprox Days on Market: 
    1 month(s), 16 day(s)

Listing Sold: 
   8 Year(s), 4 month(s), 3 day(s) ago

Original Asking Price: $495,000

Asking Price: $495,000

Selling Price: $490,000

Price Difference From Original: 
Reduced By $5,000

Price Difference From Asking: 
Reduced By $5,000

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:  1852

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:  0.09

Lot Size Units:  Acres

Acres:  0.09

Lot Sqft:  3920.399999

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  2

Foundation:  Crawl Space

Exterior:  See Remarks, Wood Siding

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

Special:  Homeowner Prot Plan

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Duplex, Single Family Detached

Room Info

Beds:  3

Sale / Lease Info

Sold Date:  2015-12-21T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  783

Unit Sqft:  930

Sqft:  1714

Unit Info

Number of Units Total:  2

Unit:  A&B

Unit Bedrooms:  1

Unit Bedrooms:  2

Utilities / Hvac

Water Source:  Public

Utilities:  SCE & G

Heating:  Yes

Heat:  Electric, Forced Air

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Courtenay

High:  Burke

Directions

From Line St Turn North Onto St Philip. Property Is On The Right.

Courtesy of listing office Daniel Ravenel Sotheby's International Realty 

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On marshallwalker.com since Wed, Nov 4th 2015
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 04-23-2024 11:54 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 04-23-2024 11:54 PM EST est.

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