416 Sumter Street, Charleston, SC 29403
$655,000
Property Type:
MultiFamily
Square Footage:
1,410
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$699,000
List Date:
9/26/2022
Last Modified:
3/12/2024
Description
Fully Leased through July 2024! Great Duplex in a Wonderful Neighborhood Grossing $38,700 per year (8/1/23 to 7/31/24). Walk to Hampton Park & enjoy the many neighborhood restaurants: Harold's Cabin, Renzo, Daps, Little Jacks Tavern, Leon's, Melfis. 5 Total Bedrooms: Apt A (1st Floor) is a 2 Bdr / 1 Ba, & Apt B (2nd Floor) is a 3 Bdr / 1 Ba (rents below). Great investment opportunity or live in 1 unit and lease the other unit. The property has a large backyard which may allow for a Buyer to add additional square footage or additional units (Buyer to verify with City of Charleston). Apt A - $1,475.00 / mo through 7/31/2023. New Lease $1,600.00 / mo beginning 8/1/23 through 7/31/2024. Apt B - $1,575.00 / mo through 7/31/2023. New Lease $1,625.00 / mo beginning 8/1/23 through 7/31/2024
More Information MLS# 22025026
Contract Info
MLS List Date: 2022-09-26
Status: Closed
List Price: $699,000
Current Price: $655,000
Location, Tax & Legal
Tax Map #: 4600702100
Street #: 416
Street Name: Sumter
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 52 - Peninsula Charleston Outside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Hampton Park Terrace
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Legal Description: Parcel ID/Tax ID 460-07-02-100
Directions: Located on Sumter Street between Ashley Avenue & President Street.
General Property Info
Number of Units: 2
# Stories: 2
Primary Structure Apx SqFt: 1410
Year Built: 1935
Acreage: 0.08
Potential Short Sale: No
Other Structures Y/N: No
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2024-03-11
Sold Price/SqFt: 464.54
New Mortgage Type: FHA
Property Features
SqFt Source: Tax Records
Architectural Style: Duplex
New Owned/Pre-owned: Pre-Owned
Listing Office: Southeastern Management Group,
Last Updated: March - 12 - 2024
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