tomo logo

$3,450,000

Beds
14
Baths
13.0
sq ft
Unknown

15 Smith St, Charleston, SC 29401

15 Smith St

Charleston, SC 29401

  • 97 days on market
    • Price drop $425,000↓
There is nothing like this on the market. A turnkey investment portfolio offered as a package, 15 Smith and 192 Rutledge is perfect for investors looking for hassle-free, income-generating properties in one of Charleston's most desirable areas. This nearly 15,000 SF portfolio, situated on almost half an acre, includes four duplexes, nine units, 31 bedrooms, and 17 off-street parking spaces. 15 Smith boasts a total of 14 bedrooms, 12 full bathrooms, 2 half baths, and 8 off-street parking spots. These high-quality buildings offer contemporary finishes, stainless steel appliances, tankless Rinnai hot water heaters, custom cabinetry, LVP flooring, private balconies, and community amenities such as lower-level storage rooms (10 ft. x 12 ft.) and an enclosed area withsliding barn doors (Loggia) for games and small group activities. Additionally, each unit has a fire alarm system in place, including smoke detectors, exits, and escapes. Each duplex is currently fully leased, ensuring a steady rental income from day one. Situated within walking distance to the College of Charleston, MUSC, and an array of restaurants and shops, this property is ideally located for tenants seeking convenience and a vibrant urban lifestyle.

Details

Property type

Est. home value

$2,761,113

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

2016

Annual property taxes

$28,132

Price History

08/13/2024
CTAR

CTAR #24017867

Price change
$3,450,000
-10.97%
07/12/2024
CTAR

CTAR #24017867

Listed
$3,875,000
+676.55%
02/13/2015
CTAR

CTAR #15003801

Sold
$499,000
+75.09%

Schools & Community

Neighborhood: 

Harleston Village

Elementary school: 

Memminger

Middle school: 

Simmons Pinckney

High school: 

Burke

Number of units in community: 

4

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

Everbank.Com

Loan start date

September 2015

Original loan amount

$1,850,000

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Commercial, 10 year

Seller

6 Radcliffe Llc and Smith Street Lofts Llc

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?

Similar Homes Nearby

Price drop
CTAR
$3,950,000
9 bd
|
6 ba
|
6,300 sq ft
|
House

11 George St Unit Abcd, Charleston, SC 29401

Price drop
CTAR
$2,999,000
8 bd
|
8 ba
|
3,076 sq ft
|
House

205 Coming St Unit A & B, Charleston, SC 29403

Price drop
CTAR
$3,150,000
6 bd
|
4.5 ba
|
House

29 Gadsden St, Charleston, SC 29401

Status: Active

Tomo last checked: 10/18/2024 at 1:20 AM

Listing updated: 09/30/2024 at 1:18 PM

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

MLS: CTAR #24017867

CTAR logo

Recently listed in Charleston