Charleston, SC 29403,185 Rutledge AVE
Charleston, SC 29403,185 Rutledge AVE
Charleston, SC 29403,185 Rutledge AVE
Charleston, SC 29403,185 Rutledge AVE
Charleston, SC 29403,185 Rutledge AVE
Charleston, SC 29403,185 Rutledge AVE
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$750,000

$750,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/03/2020

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 30519966

Sold Date 04/03/20

Year Built 1840

Property Sub-Type Multi Family

Property Description

Price is Firm. Wonderful 3 Unit Apartment Building with 9 Bedrooms, 5.5 Bathrooms, and 8 Parking Spaces perfectly situated on the Peninsula at the corner of Rutledge Avenue and Bee Street. Excellent rental units adjacent to MUSC and convenient to the College of Charleston. The property is valued at $1.2M; $133k per Bedroom; $223 psf and has been discounted by $450k to account for deferred maintenance (see Agent for details). Sentricon Termite System in place and transferrable to Buyer at $425 per year. Please see the attached property pro-forma. AE Flood ZoneZoned DR-2 in the Short Term Overlay District, but Zoned Residential (Therefore Bed and Breakfast rules would apply if someone wanted to use the property as a Short Term Rental use. Conditions are attached) Tenant occupied Please allow 24 hours for all showing requests.

Location

State SC

County Charleston

Zoning City of Charleston - DR-2 - Diverse Residential (Front Yards Not Required)

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Chad Yonce • Southeastern Management Group,

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AgentOwned Realty

AgentOwned Realty

+1(800) 919-2427

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