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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
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.
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
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