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38 Bull Street

Charleston, SC 29401
  • $2,775,000
  • STATUS: Active Under Contract
  • ON SITE: 12 Days
  • ID#: 24012252
Under Contract
$2,775,000
  • 10
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,608
    SQFT
  • $495
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1880
County:

School Information

Elementary School:
Middle School:
High School:

Description

Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering quintessential Charleston views. Unit A features three bedrooms and two full baths, while Unit B spans two stories, with three bedrooms and two baths across its two floors. Unit C offers cozy comfort with one bedroom and one bath, while the remaining unit, Unit D, is a back house apartment with three bedrooms and two bathrooms. Off-street parking, currently leased for additional income, adds a coveted amenity to this historic gem.

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Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bastian and Associates | Keller Williams Charleston-West Ashley. Data last updated: 2024-05-26T22:31:42.217.
www.bastianandassociates.com/homes/150511655
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38 Bull Street Charleston, SC 29401

  • Price: $2,775,000
  • Status: Active Under Contract
  • On Site: 12 Days
  • ID#: 24012252
10
Beds
0
Baths
0
½ Baths
0.26
Acres
5,608
SQFT
$495
$/SQFT
1880
Built
Neighborhood:
Harleston Village
County:
Charleston
Area:
Charleston Peninsula - Below Crosstown
Elementary School:
Memminger
Middle School:
Simmons Pinckney
High School:
Burke
Property Description
Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering quintessential Charleston views. Unit A features three bedrooms and two full baths, while Unit B spans two stories, with three bedrooms and two baths across its two floors. Unit C offers cozy comfort with one bedroom and one bath, while the remaining unit, Unit D, is a back house apartment with three bedrooms and two bathrooms. Off-street parking, currently leased for additional income, adds a coveted amenity to this historic gem.
Exterior Features

Construction Materials Wood Siding Covered Spaces 0 Garage YN No Other Structures None Parking Features Other (Use Remarks) Roof Metal

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Unit1 Baths 2 Unit1 Bedrooms 3 Unit2 Baths 2 Unit2 Bedrooms 3 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 2 Unit4 Bedrooms 3

Property Features

Listing Terms CashConventional New Construction YN No Sewer Public Sewer Structure Type Single Family Detached Utilities Charleston Water ServiceDominion Energy Water Source Public

Charleston Trident Association of REALTORS® logo Listing courtesy of The Cassina Group: 843-628-0008.


Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bastian and Associates | Keller Williams Charleston-West Ashley. Data last updated: 2024-05-26T22:31:42.217.
 
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Bastian and Associates | Keller Williams Charleston-West Ashley
1180 Sam Rittenberg Blvd.
Charleston SC, 29407