49 Pitt Street, Charleston, SC 29401 (MLS# 17024512)

49 Pitt Street, Charleston, SC 29401

$2,700,000
Property Type: MultiFamily Square Footage: 8,333 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $2,700,000 List Date: 9/01/2017 Last Modified: 5/12/2020

Overview

Description

Newly renovated 7 unit apartment complex located on Pitt Street, just below Calhoun and across from the College of Charleston library. Excellent rental history. All units are 3 bedrooms with LR, DR and kitchen. Each unit has a large utility closet with a washer and dryer and a large fenced patio, plus off-street parking for one car per unit. Brick and wood exterior. Great investment. Cap rate 5.7%

Listing Details MLS# 17024512

Location, Tax & Legal

Tax Map #
4570302021
Street #
49
Street Name
Pitt
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29401
Area
51 – Peninsula Charleston Inside of Crosstown
Tax District
71 – City of Charleston
Subdivision
None
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke
Directions
Located between Calhoun and Bull Streets, downtown Charleston.
Legal Description
49 PITT

Contract Info

MLS List Date
2017-08-30
Primary Structure List Price/SqFt
346.81

General Property Info

Number of Units
7
# Stories
2
Primary Structure Apx SqFt
8333
Year Built
1981
Acreage
0.28
Potential Short Sale
No

Status Change Info

Sold Date
2018-01-11
Sold Price/SqFt
324.01
New Mortgage Type
Seller Finance

SqFt Source

List Agent
Yes

Roof

Asphalt Shingle
Yes

More Information

Exterior

Brick – Veneer
Yes
Wood Siding
Yes

Garage/Parking

Other (Use Remarks)
Yes

Driveway

Other (Use Remarks)
Yes

Architectural Style

More than 4
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Refrigerator
Yes
Washer
Yes

Cooling

Central Air
Yes

Heat

Electric
Yes
Heat Pump
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
SCE & G
Yes

Property Features

SqFt Source: List Agent Roof: Asphalt Shingle Exterior: Brick – Veneer; Wood Siding Driveway: Other (Use Remarks) Architectural Style: More than 4 Cooling: Central Air Heat: Electric; Heat Pump Possession: At Closing Utility Suppliers: Charleston Water Service; SCE & G
IDX
Listing Office: Clement, Crawford & Thornhill
Last Updated: May – 12 – 2020
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