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43 Vanderhorst St

Charleston, SC 29403
  • $1,225,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 30791093
Price Reduced
UPDATED: 70 min ago
$1,225,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years. This property will give an investor the opportunity to increase the below-market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based on off-market comparable a new owner has the opportunity to increase rents 30%-40%.

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www.searchcharleston.com/homes/126238768
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43 Vanderhorst St Charleston, SC 29403

  • Price: $1,225,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 70 min ago
  • MLS #: 30791093
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Charleston Peninsula - Below Crosstown
County:
Charleston
Area:
Charleston Peninsula - Below Crosstown
Property Description
Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years. This property will give an investor the opportunity to increase the below-market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based on off-market comparable a new owner has the opportunity to increase rents 30%-40%.
Property Features

Property Status Existing Property Sub Type Duplex/Fourplex Property Type Multi-Family Sale Price Min 1225000.00 Title 43 Vanderhorst

Listing courtesy of Era Wilder Realty Inc.
 
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Keller Williams Realty Charleston West Ashley
1180 Sam Rittenberg Blvd., Suite 300
Charleston SC, 29407