80 Society St Units B C DCharleston, SC 29401
- Other commercial real estate
- 5,120 SF
Property Details for 80 Society St Units B C D
- Year built
- 1927
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 5,120 SF
- Property type
- Other commercial real estate
- APN
- 457-04-04-027
- APU
- 4570404027
Description
This exceptional investment opportunity presents a portfolio of five luxury condos nestled within a stunning Antebellum mansion in Charleston, SC's vibrant downtown. The property comprises a mix of unit sizes: one studio/1-bedroom, 1-bath unit; three 1-bedroom, 1-bath units; and one expansive 3-bedroom, 3-bath unit, totaling 4,074 square feet. Each unit boasts hardwood floors, exposed brick, natural wood beams, and modern luxury kitchens featuring stainless steel appliances and ample cabinetry. Residents enjoy access to spacious porches and a shared courtyard/patio area. Situated between King and Meeting Streets, the property offers unparalleled convenience to Charleston's finest restaurants, shops, and historic landmarks. Built in 1830 and renovated in 2013, this Class B multifamily property currently boasts 100% occupancy, providing immediate rental income. The individual units are separately metered, and a homeowner's association regime is in place. This turnkey investment offers excellent rental income potential and capital appreciation in one of the South's most desirable locations. The asking price is $2,550,000, translating to $625.92 per square foot and $510,000 per unit. This is a value-add opportunity in a premier location with significant potential for long-term growth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $529,644
- Hospitality
- $485,151
- Educational
- $403,640
- Medical
- $417,522
- Retail
- $627,885
Location Insight
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Latitude
- 32.7839
- Longitude
- -79.9337
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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