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68 Lee Street, A&B, Charleston, SC 29403

$475,000
Property Type: Commercial Sale Square Footage: 1,334 Status: Active
Current Price: $475,000 List Date: 9/28/2023 Last Modified: 9/28/2023

Description

Don't miss this Incredible Opportunity to Own a Duplex in Historic Cannonborough / Elliotborough area of vibrant Downtown Charleston between Meeting St and East Bay St. This is in the Opportunity Zone for Tax benefits. Views of Ravenal Bridge from property with open green space in front. There are two units 2/BR/ 1BA each unit and one off street parking space is included in sale. Total of 1334 SF, Unit A is on the first floor with one bedroom one bath, kitchen laundry area and 2 common areas. Unit B includes a second and third floor with 1 bedroom, one bath, living room, kitchen and additional flex space or office. Surrounding the Duplex are pockets of new developments including Restaurants, Entertainment and Student housing. Proposed LowCountry Lowline project with walking and biking pathways. Access to I26, 526, 10 miles to CHS airport, Mt Pleasant, Beaches, Biking distance to CofC and MUSC. Sold 'As Is''

More Information MLS# 31001229

Location

Street Number: 68 Street Name: Lee Street Suffix: Street Unit Number: A&B County: Charleston Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 52 - Peninsula Charleston Outside of Crosstown State or Province: SC Postal Code: 29403 Parcel Number: 4590501085 Opportunity Zone: Yes

General Information

Status: Active Property Sub Type: Multi Family Listing Name: Duplex in Charleston for Sale Property Condition: Fixer Number of Units Total: 2 Building Area Total: 1334 Lot Acres: 0.03 Typical SqFt Per Floor: 667 Zoning: City of Charleston - DR-2 - Diverse Residential (Front Yards Not Required) List Price/Acre: 15833333.33 List Price/SqFt: 356.07 For Comp Purposes Only: No

Contract Information

Listing Contract Date: 2023-06-14 List Price: $475,000 Original List Price: 495000 Compensation Payment Method: Call Compensation Notes: All Commissions are paid at closing thru escrow officer/ Tax Legal Description: 68 Lee Current Price: $475,000

Building Related

General Condition: Average Stories Total: 2 Year Built: 1920 Parking Total: 1 Number Of Buildings: 1

Land Related

Frontage Length: 37 feet Lot Depth: 32 feet In Flood Plain?: Yes

Directions & Remarks

Directions: Off Meeting St on the corner of Lee St and Nassau St. Public Remarks: Don't miss this Incredible Opportunity to Own a Duplex in Historic Cannonborough / Elliotborough area of vibrant Downtown Charleston between Meeting St and East Bay St. This is in the Opportunity Zone for Tax benefits. Views of Ravenal Bridge from property with open green space in front. There are two units 2/BR/ 1BA each unit and one off street parking space is included in sale. Total of 1334 SF, Unit A is on the first floor with one bedroom one bath, kitchen laundry area and 2 common areas. Unit B includes a second and third floor with 1 bedroom, one bath, living room, kitchen and additional flex space or office. Surrounding the Duplex are pockets of new developments including Restaurants, Entertainment and Student housing. Proposed LowCountry Lowline project with walking and biking pathways. Access to I26, 526, 10 miles to CHS airport, Mt Pleasant, Beaches, Biking distance to CofC and MUSC. Sold 'As Is''

Status Change Info

Status Change Date: 2023-09-28

Auction Details

Auction: No

Area and Location

Airports: CHS Highway Access: I26 and I526 Property Located Between: Meeting Street and East Bay St

Building Detail

Laundry: In Each Unit

Property Features

Property Sub Type: Multi Family Current Use: Multi-Family; Residential Special Listing Conditions: Trust Structure Type: Duplex Roof: Folded Plate; Metal Construction Materials: Fiberglass Siding Parking Type: Surface Heating: None Cooling: Window Unit(s); None Lot Features: Level Road Frontage Type: City Street Road Surface Type: Paved Water Source: Public Sewer: Public Sewer Listing Terms: Cash; Trust Conveyance
Listing Office: Coldwell Banker Comm/Atlantic Int'l
Last Updated: September - 28 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: 8437449877

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