This is an excellent opportunity to own a cash flowing rental property, currently generating $4550/mo, in the booming North Central neighborhood Downtown. This 7 bedroom, 5 bath house, sits on a huge lot on Cypress street, in between King and Meeting streets. An extensive interior renovation was completed in January of 2015 and the house is rented until July 31, 2016. In addition to the finished living space, there is a partially built 1 bedroom apartment in the back, with framing, plumbing, and electrical work started. The property also features a large carport and garage for storage. A savvy investor could finish and live in the attached apartment, while renting out the main house to generate substantial rental income.
Listing Date: 10-17-2015
Sold Date: 06-15-2016
Aprox Days on Market:
7 month(s), 28 day(s)
Listing Sold:
8 Year(s), 4 month(s), 28 day(s) ago
Original Asking Price: $450,000
Asking Price: $439,000
Selling Price: $428,596
Price Difference From Original:
Reduced By $21,404
Price Difference From Asking:
Reduced By $10,404
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Community Features: Storage
Fullbaths: 5
Levels: Two
Year Built: 1935
Floors: Ceramic Tile, Vinyl, Wood
Rent Control: No
Pool Private: No
Style: Craftsman
Gar Pkg: 2 Car Carport
Garage: No
Attached Garage: No
Interior Features: Ceiling - Cathedral/Vaulted, Formal Living, Separate Dining
Fireplace: No
Lot Size: 0.19
Lot Size Units: Acres
Acres: 0.19
Lot Sqft: 8276.4
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Beds: 7
Primary Bedroom Features: Dual Masters
Sold Date: 2016-06-15T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 3671
Water Source: Public
Utilities: Charleston Water Service, SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office Luxury Simplified Real Estate, INC
MLS# 1327255 
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 Constant Properties 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 11-12-2024 2:30 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.
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