78 & 80 Drake Street Charleston, SC ^$ 2,999,999

78 & 80 Drake Street

^$ 2,999,999

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78 & 80 Drake Street

Charleston, SC, 29403

^$ 2,999,999

Bedrooms24 Baths0.0 Sq 8,200

Monthly Estimate*

^$ 20,956

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Multi-Family Home for sale in Charleston, SC

for $2,999,999 with 24 bedrooms. This 8,200 square foot home was built in 1988 on a lot size of 0.32.

12 UNIT INVESTMENT PROPERTY - Downtown near Cigar Factory * All Units 2 bed / 1 Bath * Potential Condo Conversion * High Growth Area * Excellent Rental history w/ability to raise rents in 2024 * Fenced & Gated * 18 Parking Spaces * Very Good Condition * 2 Units Updated in 2023

Multi-Family Contingent

Price

^$ 2,999,999

Bedrooms

Property Type

Multi-Family

Taxes

^$ 0

Style

More than 4

Lot Size

0.32

Year Built

1988

Town/City

Charleston

County/Region

Charleston

MLS | Web ID

24008182

Features

General

Interior Features Ceiling Fan(s)

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Utilities Charleston Water Service

Garage Spaces 0

Construction Materials Block/Masonry

Year Built 1988

Stories 2

Community Features Security

County Charleston

New Construction No

Property Type Residential Income

Subdivision Name None

Garage Y/N No

Other Structures None

Status Active Contingent

High School Burke

City Charleston

Total Units 12

MLS Area 51 - Peninsula Charleston Inside of Crosstown

Lot Size Square Feet 13939.2

Street Name Drake

Elementary School Sanders Clyde

Middle/Junior High School Simmons Pinckney

Structure Type More than 4

Building Area Units Square Feet

Standard Status Active Under Contract

Exterior

Parking Features Other (Use Remarks)

Water Source Public

Lot Size Area 0.32

Foundation Details Slab

Building Area Total 8200

Lot Size Acres 0.32

Lot Size Units Acres

Covered Spaces 0

Interior

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Total Bedrooms 24

* Excluded Features

List By

The Peninsula Company, Llc

Broker

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$20,956

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Monthly Principal & Interest: $20,956
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Charleston, SC

Average List Price ^$2,016,566

Percent of Sale Price 33%

About Charleston, SC

138,424 Population

35% Since 2002

^$62,778 Median Income

36.13 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

246226 Elementary School

1478873 Middle School

Burke High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$2,999,999		Listed Price

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78 & 80 Drake Street, Charleston, SC, 29403 is a Multi-Family Home for sale at $2,999,999 with 8,200 sqft and a lot size of 0.32. 78 & 80 Drake Street has 24 bedrooms, 0.0 baths, and was built in 1988. The property's zip code is 29403 which is in Charleston, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Properties marked with this logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of he listing brokers.

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78 & 80 Drake Street

Multi-Family Home for sale in Charleston, SC

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