MLS# 30333224 | 23-25 Line Street Charleston SC | subdivision
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23-25 Line Street
Charleston, SC 29403
- MLS# 30333224
- Commercial Sales
Smithâ€™s Alley is the best new redevelopment project in Charleston. Conveniently located near the corner of Meeting & Line Streets across from the new 12 acre Courier Square development. Smith's Alley is a beautifully renovated 7 unit; 22 bedroom apartment building in the epicenter of Charlestonâ€™s most creative food, music, design, & art scene. Complete restoration from top to bottom: all new roof, electrical, plumbing, & HVAC. Beautiful new kitchens, new high-end appliances, new bathrooms, quality fixtures. Parking available for Tenants & tranquil private courtyards for Tenant use: recreation, meditation, alfresco dining, bike storage. Well positioned in the â€˜newâ€™ center of the Peninsula. Easy access to I-26, Mt. Pleasant, and steps from the restaurants & nightlife of Upper Meeting Street and King Street. Easy to lease - Tenants will be drawn to this trend-setting neighborhood with so many available amenities: bike the bridge, take a Yoga class, see a show at Woolfe Street Playhouse, meet friends at The Alley, Rappahannock Oyster Bar, The Commodore, Indaco, & so much more. Year 1 Rent Income = $185,400. NOI = $154,793 (see the attached Sale Information Packet).
Listing Date: 11-07-2019
Sold Date: 12-14-2018
1 Year, 11 month, 13 days ago
Asking Price: $2,450,000
Selling Price: $2,325,000
Reduced By $125,000
Sale Price Max Total: $2,450,000
Sale Price Min: $2,450,000
Sale Price Min Total: $2,450,000
Tax Id: 459-05-03-048 & 047
Location Public: 1
Property Status: Existing
Property Subtype: Duplex/Fourplex, Low-Rise/Garden, Other
Class Type: Multi-Family
Courtesy of listing office Southeastern Management Group,
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