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MLS# 31002104 | Charleston Commercial Sales

$1,000,000 | N/A beds | N/A full baths | N/A half baths | 1,914 sqft

$1,000,000 No Recent Price Change
45 Amherst Street
Charleston, SC 29403
  • $522.47Price per SqFt
  • 1,914SqFt
  • 178Days on Market
  • N/AZoning
  • 1852Year Built
  • Multi FamilyUse
  • MLS# 31002104
  • Commercial Sales
  • Multi Family
  • Active Contingent

  • Approx Time on Market5 months, 26 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

Discover your chance to invest in this remarkable Eastside duplex, ideally nestled on Amherst Street, right in the middle of all the action. With this property, you'll relish the ease of strolling to an array of fantastic restaurants and quickly reaching all your desired destinations. This impressive property boasts over 1900 square feet of living space, providing ample room for both comfort and potential rental income. The duplex is cleverly designed with two separate units for maximum flexibility and rental potential.Unit A: The bottom level features 3 bedrooms and 1 bathroom, making it a spacious and appealing living space. Unit B: The top level offers another 3 bedrooms and 2 bathrooms, catering to various living arrangements and tenant preferences. Currently, both units arerented out, offering stability and financial predictability for your investment. Unit A brings in $2,500 per month, and Unit B matches with $2,500 per month as well. This results in a Gross Income of $60,000 annually, making it an attractive choice for investors seeking immediate returns.The property already has tenants in place, and their leases are set to continue until at least July 31, 2024, assuring you of a reliable income stream. Two new hvac units installed 2019. All siding on the house replaced in 2019. The kitchen was redone in 2019, with new cabinets, granite countertops and new appliances. All of the the bathrooms in the property were also redone in 2019. A total of 200k in renovations. Don't let this exceptional investment opportunity slip through your fingers. Seize the chance to explore this property for yourself - schedule your showing today and envision the potential returns and lifestyle this Eastside duplex can offer.


Building Info

Anchored:  No

Year Built:  1852

Financial

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.08

Misc

Title:  45 Amherst Street

Offer Compensation

Property Info

Second Property Subtype:  Multi Family

Zoning:  City of Charleston - DR-2F -

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $1,000,000

Property Use Type:  Investment, Multi-Family

Class Type:  Multi Family

Sold Info

Sqft Info

Rentable Area:  1914

Unit Info

Utilities / Hvac

Water Source:  Public

Directions

Use the right 2 lanes to turn right onto Meeting Street. Continue onto Meeting Street. Turn left onto Woolfe Street. Continue onto Amherst Street. Destination will be on the right.

Courtesy of listing office Three Real Estate LLC 

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Price & Status History (on domicilecharleston.com since Wed, Nov 1st 2023)
  • Original Price: $1,000,000
  • Current Price: $1,000,000
  • Price Reduced: $0
Date ChangedFromTo
03/26/2024ActiveActive Contingent
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 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 04-27-2024 11:55 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 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-27-2024 11:55 PM EST est.

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