Charleston, SC 29403,269 St Philip ST
Charleston, SC 29403,269 St Philip ST
Charleston, SC 29403,269 St Philip ST
Charleston, SC 29403,269 St Philip ST
Charleston, SC 29403,269 St Philip ST
Charleston, SC 29403,269 St Philip ST
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$1,225,000

$1,280,000

4.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/27/2020

Key Details

Sold Price $1,225,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 30609761

Sold Date 07/27/20

Year Built 1880

Property Sub-Type Multi Family

Property Description

Excellent opportunity to purchase two 3 bedroom/2.5 bath single-family detached short-term rental dwellings (Indigo Manor & Indigo Mews) on one lot in the heart of Elliotborough and just steps from Upper King St. The front structure was renovated from the studs out in 2018-2019 and features all new HVAC, framing, plumbing, roof, and electrical system. The rear structure is new construction and was completed in 2019. Both units have been professionally & tastefully decorated and are being sold fully-furnished to include all appliances, fixtures, window treatments, and furnishings. The property is ideal for investors interested in short-term renting both dwellings ($140-$160k+ income potential) or for an owner-occupant interested in occupying one structure while short-term renting the other. The property is zoned General Business in the desirable Short-Term Overlay and is fully permitted for short-term rental use with professional STR management currently in place that can transfer with the sale. Numerous shopping/dining destinations on Upper King Street are within short walking/biking distance as well as MUSC and the College of Charleston. Current & projected income/expense information available by request

Location

State SC

County Charleston

Zoning City of Charleston - GB - General Business

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Matt Anderson • The Boulevard Company, LLC

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