MLS# 20029431 | 870 W Madison Avenue Charleston SC | Centerville subdivision
843-225-7007
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Charleston, SC 29412
- 4Beds
- 2Full Baths
- 1Half Baths
- 2,100SqFt
- 1955Year Built
- 0.34Acres
- MLS# 20029431
- Residential
- Single Family Detached
- Sold
- Approx Time on Market2 months, 3 days
- AreaJames Island
- CountyCharleston
- SubdivisionCenterville
Overview
Income potential!!!! Amazing opportunity found with this incredibly designed 4 bedroom, 3 bath home with documented rental income! 870 W Madison is located less than 5 miles from historic downtown Charleston and is just over 5 miles from Folly beach, making this property incredibly desirable for locals and travelers alike! The home is perfectly designed for owner occupied short term rentals OR to be utilized as one contiguous space. For those interested in short term rentals, the home offers a multitude of options. One being a 3 bedroom, 2 full bath unit with a wonderfully updated full kitchen which includes Quartz countertops, tile backsplash, gas range, stainless appliances and more! This space offers the original hardwood floors which add the character of the space.The master bedroom has a stunning fully renovated en-suite bath while the additional 2 bedrooms share the common bath that is also completely updated!A second option would be to live in the above mentioned space and rent the 1 bed 1 bath secondary suite. This space also offers a dedicated entrance, a small kitchenette, bedroom, livingroom, fully renovated bathroom and outdoor space surrounded by a privacy fence. All of which is designed and decorated with the same attention to detail and trendy design as the 3 bed 2 bath suite!A potential 3rd option is found on the second floor of the huge detached garage. This space is currently unfinished but has the potential to become a second short term space with minimal renovation needed.For those not interested in short term rentals the home can easily be utilized as a 4 bedroom 3 bath. In this case, the 1 bed 1 bath unit becomes an incredible master suite which is nicely split from the 3 secondary bedrooms. One of the most notable features of this property is how well the floor plan lends itself to all these different options. To fully comprehend the functionality of this home it must be seen in person! Some additional features of the property include new roof, tankless water heater, new AC unit, ductless mini split unit, fenced in yard, an abundance of parking and walking distance to delectable restaurants, Dunkin Doughnuts and Starbucks!
Sale Info
Listing Date: 10-27-2020
Sold Date: 12-31-2020
Aprox Days on Market: 
2 month(s), 3 day(s)
Listing Sold: 
3 Year(s), 3 month(s), 19 day(s) ago
Original Asking Price: $479,900
Asking Price: $479,900
Selling Price: $470,000
Price Difference From Original:
Reduced By $9,900
Price Difference From Asking:
Reduced By $9,900
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
Community Features: RV/Boat Storage, Trash
Bathroom Info
Halfbaths: 1
Fullbaths: 2
Building Info
Levels: One
Window Features: Window Treatments - Some
Year Built: 1955
Floors: Wood
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Fencing: Privacy, Fence - Wooden Enclosed
Misc Ext: Patio, Front Porch
Pool Private: No
Style: Ranch
Garage / Parking
Gar Pkg: 2 Car Garage, Detached
Garage: Yes
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: Ceiling - Smooth, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Family, Living/Dining Combo, In-Law Floorplan, Pantry, Study, Utility
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.34
Lot Desc: 0 - .5 Acre, Level
Lot Size Units: Acres
Acres: 0.34
Lot Sqft: 14810.4
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: A
Stories: 1
Foundation: Crawl Space
Exterior: Block/Masonry
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Room Info
Beds: 4
Primary Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets, Outside Access, Sitting Room, Split, Walk-In Closet(s)
Room Master Bedroom Level: Lower
Sale / Lease Info
Sold Date: 2020-12-31T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Special Features
Sqft Info
Sqft: 2100
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Take Folly Road Then Turn Right Onto Eugene Gibbs St (just Past Chick-fil-a) Then Left On West Madison. House Will Be On Your Left.Courtesy of listing office ChuckTown Homes, LLC
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