MLS# 15028116 | 254 Saint Philip Street UNIT A&B Charleston SC | Elliottborough subdivision
843-225-7007
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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
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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