Price is Firm. Wonderful 3 Unit Apartment Building with 9 Bedrooms, 5.5 Bathrooms, and 8 Parking Spaces perfectly situated on the Peninsula at the corner of Rutledge Avenue and Bee Street. Excellent rental units adjacent to MUSC and convenient to the College of Charleston. The property is valued at $1.2M; $133k per Bedroom; $223 psf and has been discounted by $450k to account for deferred maintenance (see Agent for details). Sentricon Termite System in place and transferrable to Buyer at $425 per year. Please see the attached property pro-forma.
AE Flood Zone
Zoned DR-2 in the Short Term Overlay District, but Zoned Residential (Therefore Bed and Breakfast rules would apply if someone wanted to use the property as a Short Term Rental use. Conditions are attached)
Tenant occupied … Please allow 24 hours for all showing requests.
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