Location! Location! Known as the ''Spirit of '76'', this property features a magnificent home that was built in 1940 to accommodate the principal and teachers of the original Sullivan's Island School. The possibilities are endless. This historic home is characteristic of late 19th - early 20th century island residential architecture. The property is currently four separate rental units; Three units in the main house and a separate cottage on the property. It remains one of the few ''grandfathered in'' multi-rental properties left on Sullivan's Island. The four rental units have not been vacant in over 20 years. This one of a kind opportunity on Sullivan's Island is ideally located two blocks from the beach and island restaurants. The property is a half acre street to street lot. Whether you are ready to convert the ""Spirit of '76"" into a single family home or looking for an investment property, look no further!
Listing Date: 11-25-2019
Sold Date: 05-01-2020
Aprox Days on Market: 
5 month(s), 5 day(s)
Listing Sold: 
3 Year(s), 11 month(s), 22 day(s) ago
Original Asking Price: $1,790,000
Asking Price: $1,790,000
Selling Price: $1,675,000
Price Difference From Original:
Reduced By $115,000
Price Difference From Asking:
Reduced By $115,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 5
Levels: Two
Year Built: 1940
Rent Control: No
Pool Private: No
Style: Traditional
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.51
Lot Desc: .5 - 1 Acre
Lot Size Units: Acres
Lot Dimensions: 105x210
Acres: 0.51
Lot Sqft: 22215.6
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 7
Sold Date: 2020-05-01T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 3506
Water Source: Public
Utilities: Dominion Energy, SI W/S Comm
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office William Means Real Estate, LLC