112 Rutledge Avenue is a four unit condominium building with upside potential. All units are individually metered. Regime is currently inactive as all units are held by one owner.The first floor is leased as an eye doctor's office of 1,814 SF at $3,000 per month. The second floor is a 5 bedroom 2 bath apartment of 2,216 SF leased at $3,250 per month. The third floor is two units, both are 2 bedroom 1 bath apartments of 1,136 SF leased at $1,700 per month and 998 SF leased at $1,700 per month. All residential units have washer/dryer. The total square footage shown in the regime documents is 6,074 SF. The same owner owns all four units and is offering the entire building for sale. The building comes with 10 off street parking spaces. The apartment leases will expire in June 2017. The first floor office lease will expire in August 2019. The TMS numbers include 457-03-02- lots 120, 162, 163 and 164. The building was renovated in 1990 and included a new roof. The property is located in Harleston Green in the Harleston Village subdivision close to Roper, MUSC and the College of Charleston. Harleston Green POA maintains the parking lot and landscaping.
Listing Date: 01-30-2023
Sold Date: 05-31-2017
Listing Sold: 
6 Year(s), 10 month(s), 20 day(s) ago
Asking Price: $1,895,000
Selling Price: $1,895,000
Price Difference:
Same as list price
Anchored: No
Year Built: 1887
Asking Price Type: Fixed Price
Parking Type: Surface
County: Charleston
Lot Acres Min: 4338.
Land Size: 4338.00
Title: 112 Rutledge Avenue
Second Property Subtype: Multi Family
Zoning: City of Charleston - STR - Si
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $1,895,000
Build To Suit: No
Property Use Type: Industrial, Investment, Mixed Use, Multi-Family, Retail, Student Housing
Class Type: Multi Family
Sold Date: 2017-05-31T00:00:00
Rentable Area: 6074
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office CBRE, Inc