16 Morris Street, Charleston, SC 29403
$915,000
Property Type:
MultiFamily
Square Footage:
2,160
Lot Size (sq. ft.):
1,742
Status:
Closed
Current Price:
$985,000
List Date:
11/10/2022
Last Modified:
8/09/2023
Description
Well located and well rented, this duplex is a great investment property for anyone looking to plant roots in the Charleston rental market! Located just one block off of King Street and a short walk from MUSC and College of Charleston, this incredible income producing property provides close proximity to all that downtown has to offer. This charming upstairs/downstairs duplex offers two bedroom, one bath units- each with private front porch access. Charm meets the conveniences of modern living with the original pocket doors, fireplaces, and staircase combined with a recently renovated kitchen and new appliances. A consistently well performing rental, this property has leases in place on both units- Unit A: $2,850/month terminates 6/30/23 & Unit B: $2,850/month terminates 7/31/23.
Supplements: Buy now before interest rates continue to rise!
More Information MLS# 22028613
Contract Info
MLS List Date: 2022-11-10
Status: Closed
List Price: $985,000
Current Price: $915,000
Location, Tax & Legal
Tax Map #: 4601201067
Street #: 16
Street Name: Morris
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Courtenay
High School: Burke
Legal Description: 16 1/2 Morris and St. Phillip
Directions: Northeast corner of Morris and St. Phillip Street
General Property Info
Number of Units: 2
# Stories: 2
Primary Structure Apx SqFt: 2160
Year Built: 1890
Acreage: 0.04
Potential Short Sale: No
Income, Expenses & Fees
Gross Income: 68400
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2023-02-08
Sold Price/SqFt: 423.61
New Mortgage Type: Cash
Unit 1
SqFt: 1100
Bedrooms: 2
Baths: 1
Unit 2
SqFt: 1100
Bedrooms: 2
Baths: 1
Property Features
SqFt Source: Previous Listing
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Architectural Style: Duplex
New Owned/Pre-owned: Pre-Owned
Equipment/Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Cooling: Central Air
Heat: Heat Pump
Water/Sewer: Public Sewer; Public Water
Listing Office: Daniel Ravenel Sotheby's International Realty
Last Updated: August - 09 - 2023
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
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