18 Pitt Street, Charleston, SC 29401

$797,000
6
BD
4
BA
2,390
SqFt
List Price
$797,000
Status
Active
MLS#
19013883
Year Built
1880
Style
Charleston Single
Living Area
2,390
Bedrooms
6
Bathrooms
4
Full-baths
4
Subdivision
Harleston Village

Property Description

Location Location!!!!! Within two blocks walk of central CofC campus! Near Colonial Lake Park and King Street.Classic Duplex, 3 BR's & 2 BA's per floor, parking for 4 cars +. Upstairs rented for $2700 through July 31st. Downstairs rented for $2400 through May 31st. Rented slightly below market, have rarely had a vacancy. Great opportunity to acquire a duplex with one 3 BR unit being vacated and available for your choice of residents. Owner may rent out one apartment (CofC, MUSC etc), and keep the other for personal use by family or friends, weekend getaways, etc. Meticulously maintained and managed by the same owners for 24 years. Parking for 4+ cars on-site and street parking decals available. Click for more details... Exterior improvements were performed recently, including some window repair, siding repair, extensive caulking, primer/sealer & 2 coats of latex. Easy to maintain white exterior. One HVAC unit as well as the gas pack, boots and registers were replaced within the last 5/6 years. A Great Feature: This duplex has a highly desirable roofing system, a reverse clamshell shaped Metal roof that drains to one solid 6" copper pipe that flows to a below ground cistern!!! This is a much superior system to no gutters, or gutters draining water to the earth surrounding the home, yard and foundation. This premium standing seam metal roof was recently refinished and sealed. Another premium aspect: This area of Pitt Street is about the highest ground elevation on the peninsula, and this property has a base elevation is 13.0 feet, as determined by engineering and flood elevation consultants, therefore reducing flood insurance costs. Elevation certificate updated in October 2018. Being on a lot higher then most nearby homes, this property did not flood during the last few years storms, and a spacious crawl space offers superior ventilation and reduced moisture. FEMA approved flood vents are being installed late June 2019 on two sides, further increasing ventilation, and will result in additional reduced costs for flood insurance. The interior is in classic college rental condition, and could be kept as is. Please bear in mind the owners have rented it less them market value, and it could rent for more, comparable justify this. Optionally, the Kitchens and bathrooms could be upgraded, allowing a substantial increase in rent and cash flow, and immediately increasing the value of the properly. The interior floor plans work well, with one BR at the front of the house and 2 others at the rear, with the common area separating them. Tenants like this. There are numerous closets in the units, extra storage areas on both floors and a shed in the rear yard. There is a laundry area for the first floor (A) at the rear of the home, and an in suite laundry area for the second floor (B). Both units have large Piazzas (Porches) for outdoor leisure time and space, and the second floor Piazza is very nice, running 7 Columns in length from front to back, and face South, exposed to the refreshing afternoon Sea Breezes. Property is safely located within the Cof C Protection and Security area, with nighttime patrol. Make an appointment today to see this premium Duplex that offers the value of location, location, location in spades.

Additional Information

Levels
2 Stories
Construction
Wood Siding
Floors
Wood
Roof
Metal
Cooling
Central
Heating
Gas
Foundation
Crawl Space
Parking
Off-Street Parking
Elementary School
Midland Park
Middle School
Courtenay
High School
Burke

Mortgage Calculator

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Listing courtesy of Carolina One Real Estate.