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MLS# 21030183 | Charleston Residential

$1,395,000 | 2 beds | 2 full baths | N/A half baths | 2,230 sqft

$1,395,000
517 King Street UNIT #7
Charleston, SC 29403
  • 2Beds
  • 2Full Baths
  • N/AHalf Baths
  • 2,230SqFt
  • 2002Year Built
  • 0.00Acres
  • MLS# 21030183
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market1 month, 3 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionKing Street Lofts

Overview

This is one of kind property located at the intersection of the busiest part of vibrant upper King. The loft is located in the most desirable location of Charleston's permitted Short Term Overlay. HOWEVER, the HOA currently restricts rentals to one year min unless 67% of the residents vote to change the rule. Currently about 50% of the building's 14 residents support allowing STRs. The rule change is rapidly approaching...this unit is for the investor who is willing to keep the unit rented on annual basis until the rule is changed. (possibly 2-3 years). Unit has rental history of over $5000 per month and was featured in popular reality TV show based in Charleston. The unit has been completed refurbished and includes an additional 150 SF of lofted space and 2 dedicated gated parking spot.


Sale Info

Listing Date: 11-11-2021

Sold Date: 12-15-2021

Aprox Days on Market: 
    1 month(s), 3 day(s)

Listing Sold: 
   2 Year(s), 4 month(s), 11 day(s) ago

Original Asking Price: $1,395,000

Asking Price: $1,395,000

Selling Price: $1,395,000

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Same as Asking Price

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:  Bus Line

Bathroom Info

Fullbaths:  2

Building Info

Levels:  Two

Window Features:  Window Treatments

Year Built:  2002

Floors:  Other

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Cathedral/Vaulted, High Ceilings, Walk-In Closet(s), Ceiling Fan(s), Family, Living/Dining Combo, Loft, Office, Pantry, Utility

Fireplace:  No

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Security Features:  Fire Sprinkler System, Security System

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Slab

Exterior:  Stucco

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  2

Primary Bedroom Features:  Ceiling Fan(s), Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2021-12-15T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  2230

Unit Info

Unit:  7

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

Located At The Intersection Of King And Morris. Unit Directly Overlooks King Street On The East And Morris Street On The South.

Courtesy of listing office Sppott Investments LLC 

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On domicilecharleston.com since Thu, Nov 11th 2021
No Property History recorded for this listing.
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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 04-26-2024 9:32 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 04-26-2024 9:32 PM EST est.

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