111 Coming St, A&B, Charleston, SC 29403
$895,000
Property Type:
Commercial Sale
Square Footage:
1,781
Status:
Active Contingent
Current Price:
$895,000
List Date:
7/31/2024
Last Modified:
10/30/2024
Description
Reduced - Residential Duplex Investment Opportunity For Sale in prime downtown location. Take advantage of this historic 2 unit Multifamily income producing property just steps from MUSC and CofC in Downtown Charleston. Total of 3 bedrooms , 3 baths 1781 SF . Unit A is 2 BR/ 2 Bath and Unit B is 1 BR/ 1 bath. Great opportunity to live in one unit and rent the other out or rent both units for maximum return on investment. All units are separately metered and tenants pay utilities. Heart pine floors, high ceilings, metal seam roof and large private lush back yard and two private patios and rear deck. Perfect for Students, Walkable to MUSC, Roper Hospital, College of Charleston, Citadel, Charleston School of Law and historic downtown shopping, restaurants, and hotels. Don't miss out on this investment opportunity.
More Information MLS# 31003933
Location
Street Number: 111
Street Name: Coming St
Unit Number: A&B
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 4601603034
Opportunity Zone: Yes
General Information
Status: Active Contingent
Property Sub Type: Multi Family
Secondary Sub-Type: Multi Family
Listing Name: Income Producing Duplex For Sale
Property Condition: Existing
Number of Units Total: 2
Building Area Total: 1781
Lot Acres: 0.07
Typical SqFt Per Floor: 900
Zoning: City of Charleston - DR-2 - Diverse Residential (Front Yards Not Required)
Property Visibility: Excellent
List Price/Acre: 12785714.29
List Price/SqFt: 502.53
For Comp Purposes Only: No
Contract Information
Listing Contract Date: 2024-07-31
List Price: $895,000
Original List Price: 949000
Current Price: $895,000
Building Related
Percent Occupied: 50
General Condition: Excellent
Stories Total: 2
Year Built: 1852
Year Renovated: 1991
Number Of Buildings: 1
Land Related
Frontage Length: 31'
Lot Depth: 125'
In Flood Plain?: Yes
Status Change Info
Status Change Date: 2024-10-30
Under Contract Date: 2024-10-29
Contingent: Active Contingent
Contingency Reason: Inspection
Auction Details
Auction: No
Area and Location
Airports: Charleston International Airport
Highway Access: 526 and 26
Property Located Between: King Street and Rutledge
Building Detail
Laundry: In Each Unit
Property Features
Property Sub Type: Multi Family
Current Use: Multi-Family; Residential; Student Housing
Structure Type: Duplex
Existing Lease Type: Other
Roof: Metal
Construction Materials: Brick; Wood Siding
Heating: Central; Varies by Unit
Cooling: Central Air; Varies by Unit
Lot Features: Level
Road Frontage Type: City Street
Road Surface Type: Paved
Water Source: Public
Sewer: Public Sewer
Listing Terms: Cash; Conventional
Sellers Disclosures ›Listing Office: Coldwell Banker Comm/Atlantic
Last Updated: October - 30 - 2024
Broker Attribution:
8437449877
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