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$1,875,000

Beds
5
Baths
4.5
sq ft
Unknown

1 Percy St, Charleston, SC 29403

1 Percy St

Charleston, SC 29403

  • 28 days on market
    • Price drop $50,000↓
Located in Charleston's Cannonborough neighborhood, 1 Percy Street is a fully restored multi-family residence combining historic character with modern updates. Originally built in the 1880s, the home underwent a full renovation in 2020, including new electrical wiring, plumbing systems, HVAC with updated ductwork, and a natural gas line. The exterior features a copper roof, copper gutters, and a freshly painted facade. Inside, all windows and doors were repaired or replaced, and new insulation and drywall were installed. This three-story property offers flexible living arrangements, making it ideal for a primary residence with rental income or as a full investment. (see more)The first-floor unit is a two-bedroom, two-and-a-half-bath space with an open floor plan, a chef's kitchen with custom cabinetry, an original exposed brick fireplace, and a sunlit dining area. The primary suite includes an en-suite bath and walk-in closet, with a mudroom and half bath completing the layout. The second-floor unit has a private entrance, three bedrooms, two bathrooms, two living spaces, a dedicated laundry area, and access to a large piazza. The third-floor unit is a one-bedroom, one-bath apartment with an efficiency kitchen, sitting area, and shared laundry access. Vaulted ceilings and ample natural light create an open, inviting feel. Situated just minutes from King Street's dining and nightlife, the home is near popular spots like Vern's Wine Bar, Chubby Fish, Xiao Bao Biscuit, and The Darling Oyster Bar. The property includes two off-street parking spaces and sits in a high-elevation area where flood insurance is not required. With strong income potential, all three units operate as 30-day corporate rentals, generating a total of $11,350 per month. The home's prime location, modern systems, and well-preserved historic charm make 1 Percy Street a rare opportunity in Charleston's competitive market.

Details

Property type

Single Family Residence

Est. home value

$1,148,952

Lot size

3,920.4 sq ft

Price per sq ft

Unknown

Year built

1880

Price History

03/20/2025
CTAR

CTAR #25005667

Price change
$1,875,000
-2.6%
03/04/2025
CTAR

CTAR #25005667

Listed
$1,925,000
-1.28%
08/01/2024
CTAR

CTAR #24002960

Removed
$1,950,000

Schools & Community

Neighborhood: 

Cannonborough/Elliottbororugh

Elementary school: 

Fraser

Middle school: 

Simmons Pinckney

High school: 

Burke

Number of units in community: 

3

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mortgage Network Inc

Loan start date

January 2021

Original loan amount

$593,750

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Heather Dixon Greene

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 1:10 PM

Listing updated: 03/22/2025 at 1:36 PM

Listed by: Marjorie Corbin, EXP Realty LLC Phone #: (888) 440-2798

MLS: CTAR #25005667

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