185 Rutledge Ave, Charleston

$750,000

0 Beds
0 Full Bath
0 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #30519966
Price$750,000
Acres0.00
TypeCommercial Sale
StatusPending/Contingent
Community Information
Address185 Rutledge Ave
CityCharleston
CountyCharleston
StateSC
Zip Code29403
Area

Peninsula Chas. inside of crosstown

Listing Details
OfficeSoutheastern Management Group

Charleston Trident Association of Realtors Logo 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.

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