Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering
Anchored: No
Year Built: 1880
County: Charleston
Land Size: 0.26
Title: 38 Bull Street
Second Property Subtype: Multi Family
Zoning: City of Charleston - DR-1F -
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $3,350,000
Property Use Type: Residential
Class Type: Multi Family
Rentable Area: 4942
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office The Cassina Group
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 05-19-2024 2:28 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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