Viewing Listing MLS# 19029570

$399,900 | 6 beds | 2 full baths | N/A half baths | 1,702 sqft

$390,000
12 Sheppard Street
Charleston, SC 29403
  • 6Beds
  • 2Full Baths
  • N/AHalf Baths
  • 1,702SqFt
  • 1996Year Built
  • 0.04Acres
  • MLS# 19029570
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market11 months, 16 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionNone

Overview

Fantastic investment opportunity to own a DUPLEX in downtown Charleston! Both units, A & B, are 3 bedroom, 1 full bath. Super close to MUSC, Trident Campus, I-26 for convenient commutes on/off of the Peninsula, and all of the restaurants & shopping that downtown Charleston offers! Rental rates: $1,600 for upstairs and $1,400 for the downstairs unit. At the list price of 448,000 the cap rate on this property will be 5.7. A $2,400 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.


Sale Info

Listing Date: 10-21-2019

Sold Date: 10-08-2020

Aprox Days on Market: 
    11 month(s), 16 day(s)

Listing Sold: 
   3 Year(s), 6 month(s), 10 day(s) ago

Original Asking Price: $485,000

Asking Price: $399,900

Selling Price: $390,000

Price Difference From Original: 
Reduced By $95,000

Price Difference From Asking: 
Reduced By $9,900

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  2

Building Info

Levels:  Two

Year Built:  1996

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.04

Lot Size Units:  Acres

Acres:  0.04

Lot Sqft:  1742.4

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Raised

New Construction:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Duplex

Room Info

Beds:  6

Sale / Lease Info

Sold Date:  2020-10-08T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  1702

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Simons

Middle:  Simmons Pinckney

High:  Burke

Directions

Going South On Meeting St Turn Left On Line St Turn Left On Hanover And Left On Sheppard St.

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

Mortgage Calculator

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Price & Status History (on charlestonneighborhoods.com since Mon, Oct 21st 2019)
  • Original Price: $485,000
  • Current Price: $399,900
  • Price Reduced: $85,100
Date ChangedFromTo
07/09/2020$448,000 $399,900 Reduced by $48,100
01/10/2020$485,000 $448,000 Reduced by $37,000

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 Realty ONE Group Coastal 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 04-18-2024 5:55 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. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-18-2024 5:55 PM EST est.

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