Viewing Listing MLS# 24008182

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78 & 80 Drake Street Charleston, SC 29403

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$2,999,999 | 24 beds | N/A full baths | N/A half baths | 8,200 sqft

$2,999,999 No Recent Price Change

78 & 80 Drake Street
Charleston, SC 29403

24Beds
N/AFull Baths
N/AHalf Baths
8,200SqFt
1988Year Built
0.32Acres

MLS# 24008182
Multi Family
Active Contingent

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Approx Time on Market29 days
AreaHistoric Charleston
CountyCharleston
SubdivisionNone

Overview

12 UNIT INVESTMENT PROPERTY - Downtown near Cigar Factory * All Units 2 bed / 1 Bath * Potential Condo Conversion * High Growth Area * Excellent Rental history w/ability to raise rents in 2024 * Fenced & Gated * 18 Parking Spaces * Very Good Condition * 2 Units Updated in 2023

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

Community Features: Security

Bathroom Info

Building Info

Year Built: 1988

Business Info

Rent Control: No

Buyer Compensation

Exterior Features

Pool Private: No

Garage / Parking

Gar Pkg: Other (Use Remarks)

Garage: No

Attached Garage: No

Interior Features

Interior Features: Ceiling Fan(s)

Fireplace: No

Lot Info

Lot Size: 0.32

Lot Size Units: Acres

Acres: 0.32

Lot Sqft: 13939.2

Irrigation Water Rights: Yes

Offer Compensation

Other

Mobile Home Remains: Yes

Property Info

Property Type: B

Stories: 2

Foundation: Slab

Exterior: Block/Masonry

New Construction: No

Property Subtype: None

Building Area Units: Square Feet

Special: Flood Insurance

View: No

Home Warranty: Yes

Habitable Residence: Yes

Structure Type: More than 4

Room Info

Beds: 24

Sale / Lease Info

Lease Renewal Option: Yes

Lease Considered: Yes

Lease Assignable: Yes

Sqft Info

Unit Sqft: 4,100

Sqft: 8200

Unit Info

Number of Units Total: 12

Unit Bedrooms: 12

Utilities / Hvac

Water Source: Public

Utilities: Charleston Water Service

Heating: Yes

Heat: Forced Air

Water Sewer: Public Sewer

Cooling: Central Air

Cooling: Yes

Waterfront / Water

Waterfront: No

Schools

Elem: Sanders Clyde

Middle: Simmons Pinckney

High: Burke

Courtesy of listing office The Peninsula Company, LLC

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Price & Status History (on charlestonneighborhoods.com since Mon, Apr 1st 2024)

Original Price: $2,999,999
Current Price: $2,999,999
Price Reduced: $0

Date Changed	From	To
04/16/2024	Active	Active Contingent

Residential, Land, Other Disclaimer:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM 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 Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-01-2024 6:15 AM 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 05-01-2024 6:15 AM EST est.