MLS# 30333224 | 23-25 Line Street Charleston SC | subdivision

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Sold
  • $2,450,000
    Increase +$1,450,000.01
  • 23-25 Line Street
    Charleston, SC 29403
N/APrice per SqFt
N/ASqFt
385Days on Market
N/AZoning
N/AYear Built
Multi-FamilyUse
459-05-03-048 & 047Tax ID
  • MLS# 30333224
  • Commercial Sales
  • Multi-Family
  • Sold

AreaHistoric Charleston
CountyCharleston

Agent Remarks

Smith’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 Charleston’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 ‘new’ 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).


Sale Info

Listing Date: 11-07-2019

Sold Date: 12-14-2018

Listing Sold: 
   1 Year, 11 month, 13 days ago

Asking Price: $2,450,000

Selling Price: $2,325,000

Price Difference: 
Reduced By $125,000

Financial

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

Lot Info

Acres:  0

Property Info

County:  Charleston

Location Public:  1

Property Status:  Existing

Property Subtype:  Duplex/Fourplex, Low-Rise/Garden, Other

Class Type:  Multi-Family

Numberunits:  7

Courtesy of listing office Southeastern Management Group, 

Mortgage Calculator

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Price & Status History (on marshallwalker.com since Thu, Nov 7th 2019)
  • Original Price: $2,325,000
  • Current Price: $2,450,000
  • Price Increased: $125,000
Date ChangedFromTo
12/21/2019$999,999 $2,450,000 Increase by $1,450,001
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 11-26-2020 11:00 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 2020 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2020 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-26-2020 11:00 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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