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$1,545,000

Beds
3
Baths
3.0
sq ft
980

40 Morris St, Charleston, SC 29403

40 Morris St

Charleston, SC 29403

  • 7 days on market
Welcome to this 3-bed, 3-bath short term rental in a prime location. Value add opportunity to add a pool for 30% revenue increase, pool plans in documents. Recently renovated in 2021 with exquisite finishes, this home boasts a seamless blend of elegance & comfort. The great room offers plenty of natural light, creating an inviting atmosphere for gatherings & relaxation. The bedrooms are private havens, each with its own en-suite bathroom, offering comfort and convenience to guests. Outside, discover a beautifully hardscaped driveway & patio area adorned with a gas fire pit, and serene palm trees. This property is perfectly positioned for short-term rental opportunities and the luxury furniture and decor are included, making this a turnkey investment opportunity not to be missed!

Details

Property type

Single Family Residence

Est. home value

$1,329,324

Lot size

2,178 sq ft

Price per sq ft

$1,577

Year built

1872

Annual property taxes

$14,930

Price History

06/21/2024
CTAR

CTAR #24015876

Listed
$1,545,000
+28.75%
01/31/2022
CTAR

CTAR #21026515

Sold
$1,200,000
+220%
02/22/2021
CTAR

CTAR #21003614

Sold
$375,000

Schools & Community

Neighborhood: 

Cannonborough/Elliottbororugh

Elementary school: 

Memminger

Middle school: 

Simmons Pinckney

High school: 

Burke

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

Synovus Bank

Loan start date

August 2021

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

2.54%

Loan type

Credit Line (Revolving), 5 year

Seller

Kay 2604 Realty Llc and Two Nine 2604 Realty 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?

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Status: Active

Tomo last checked: 06/28/2024 at 7:50 PM

Listing updated: 06/21/2024 at 5:03 PM

Listed by: Jonathan Holt, Keller Williams Realty Charleston West Ashley Phone #: (843) 737-6780

MLS: CTAR #24015876

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