Bought with Tift Properties
$1,200,000
$1,237,500
3.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3,446 SqFt
SOLD DATE : 05/17/2022
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,446 sqft
Price per Sqft $348
Subdivision Cannonborough-Elliotborough
MLS Listing ID 22004042
Sold Date 05/17/22
Bedrooms 8
Year Built 1970
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Duplex
Property Description
Fully leased duplex close to the college through August 2023. Gross Income 111,600 annual expenses 31,566 NOI 80,034. Ground floor unit A 4 bedroom 4.5 bathrooms. Upstairs unit B 4 bedroom 4.5 bathrooms 41 Morris Street is a large, unique, former corner store-turned-residence, located on the northern edge of popular Cannonborough-Elliotborough neighborhood. The large wood frame building is situated on the southeast corner of Coming and Morris Streets which has a gable roof with partial return cornices, two over two traditional wood windows, and enclosed former piazzas that provide additional living space today. The interior has been fully renovated with modern kitchens and bathrooms with granite counters and stone tile floors. Unit A on the ground floor has four bedrooms with privatebathrooms and a large living room, as well as a laundry closet with an additional powder room. Unit B on
the second story features historic pine floors throughout. The well-lit living room area opens into
a large eat-in kitchen with granite countertop and new appliances. It's not common to find such a large kitchen/living area in an apartment downtown. The 4 bedrooms in this unit also have 4 private bathrooms and generous closets along with an additional powder room.
An ideal investment property, 41 Morris's units have been popular with young professionals, College of Charleston, and MUSC
students, as they are close to all the campuses as well as popular upper King Street.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features Other (Use Remarks)
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Architectural
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick, Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Courtenay
High Schools Burke
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
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