Sold
132 Smith Street
Charleston SC, 29403
$4,785,000
$232.29 per sqft
Sold
20,599 sqft
Residential
Built in 1800
** Due to the demand of this property we will be having a Call to Offers. The deadline for offers will be on 8/20/15. Please call listing broker for details.**This is 14 units within 4 buildings in the heart of downtown. The property has been used as college rentals with the average increase in rents going up at least 5%/year. Great rental history with the only vacancies attributed to construction during upgrades. There is room for another structure in the rear. There is also value add opportunities with upgrades to the buildings and ultimately the possibility of making this a condo project. A majority of leases are signed thru 7/16. Each multi bedroom unit is allotted 2 off street parking spaces and the 1 bedroom unit is allotted 1 off street parking space.
15019405
MLSⓇ ID
July 22, 2015
Listed
February 22, 2024
Updated
Map
132 Smith Street
Charleston SC, 29403
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Electric, Forced Air, Heat Pump, See Remarks
Exterior/Building Features
Lot Size
0.55 Acres
Sewer
Public Sewer
School Information
High School
Burke
Elementary School
Memminger
Other Property Details
Area Name
51 - Peninsula Charleston Inside of Crosstown
Garage
No
View
No
County
Charleston
Pool
No
Buyer Agency Compensation
2%
Courtesy of Twin Rivers Capital LLC with Phil Rose,
Listing Contact:
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