Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Community Features: Laundry
Year Built: 1930
Lot Size: 0.13
Lot Size Units: Acres
Acres: 0.13
Lot Sqft: 5662.8
Irrigation Water Rights: No
Security Features: Fire Sprinkler System
Mobile Home Remains: No
Property Type: B
Stories: 2
Exterior: Wood Siding
Roof: Asphalt
Property Subtype: No
Building Area Units: Square Feet
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex
Beds: 8
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 3024
Number of Units Total: 2
Unit Bedrooms: 4
Unit Bedrooms: 4
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Water Sewer: Public Sewer
Cooling: Other
Cooling: Yes
Courtesy of listing office Agent Group Realty Charleston