23 Kracke Street, Charleston, SC 29403

$710,000
4
BD
2
BA
2,011
SqFt
List Price
$710,000
Status
Active
MLS#
20004089
Year Built
1935
Living Area
2,011
Bedrooms
4
Bathrooms
2
Full-baths
2
Subdivision
Elliotborough

Property Description

**Beautiful Victorian Duplex** **Enormous Natural Light!** ***3 Parking Places*** **Experience The Power of a Duplex!!** Owners can live in one unit and SHORT-TERM RENT the other.** The short-term income for the ONE unit...after paying management, taxes, insurance & maintenance is conservatively...$4,200/MONTH !! Live Downtown!..Have the property pay (1) your PITI, and 2) all ownership expenses, and 3) $1,500/month surplus income while you live there! $2,000 lender credit is available to be applied toward buyer's closing costs and prepaids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated concessions. The income numbers are predicated on 70% occupancy at $305/night . Total expenses are estimated to be 30% of gross income.

Additional Information

Lot Description
Level, 0 - .5 Acre
Interior Features
Ceiling - Blown
Construction
Wood Siding
Floors
Wood
Roof
Fiberglass Shingles
Cooling
Central
Heating
Electric, Heat Pump
Exterior Features
Special Yard Lights
Foundation
Crawl Space
Parking
Off-Street Parking, Other (Use Remarks)
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Carolina One Real Estate.