19 and 19 ½ Duncan street provides a unique opportunity in the heart of downtown Charleston for multifamily investors or owner occupants. THIS PROPERTY IS LOCATED IN A DESIGNATED OPPORTUNITY ZONE, offering possible tax incentives for buyers through improvements and/or expanding the footprint of the rear structure.
This 2 building, 3 unit property has a total of 5 bedrooms and, 5 bathrooms over 2,700 sq. ft. of living space, off street parking, and sizable outdoor space. The main house is a classic 2 story Charleston single that was completely gutted and renovated. This home features a metal roof, large side porch, tankless hot water heater, 3 bedrooms, 3 baths, an open floor plan, original hardwood floors throughout, and many unique attributes.
Behind the main house is a guest house comprised of 2 separate 1 bedroom units each with a private entrance. The bottom unit has its own side porch and each unit features a well-equipped kitchen, spacious living area, full bath, and large bedroom.
The outdoor space offers off street parking and a side yard with large paver terrace and separate grilling area. The back units share their own secluded separate outdoor space surrounded by a privacy fence.
Investors can take advantage of consistent cash flow as well as potential square footage added to the back building. This property has a great rental history with consistent 100% occupancy. Current total monthly rent is $5,925. This property also makes a great primary residence, occupying the front house while generating significant rental income from the 2 detached apartments.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Seabrook Island Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2019 Charleston Trident Multiple Listing Service, Inc. All rights reserved.