11 George Street, Charleston, SC 29401
Description
Supplements: ( not part of 5100 sq ft main house ) with two fully furnished 550 sq ft rental units, each with a kitchen, 1 bedroom, 1 bath, and a living room. With a proven rental history, these units average $6,000 per month, totaling $144,000 per year. The property comes with legal short-term rental licensing from the City of Charleston, making it a rare find. Parking is plentiful with 8 off-street spaces, and there's room for 2 more, a significant advantage in this vibrant neighborhood. Another incredible attribute of 11 George is the investment flexibility it could provide. The two units can be leased for approximately one hundred and forty-four thousand a year. Additionally there is opportunity to short term rent the mother in law/nanny suit for another seventy two thousand dollars. With over two hundred thousand dollars in income you can live downtown in southern elegance with your expenses covered! Owner will consider selling the main house along with six parking spots separately. Obviously a house of this stature with ample parking is a one of a kind.
More Information MLS# 25019234
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Location Tax Legal
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