132 Smith St, Charleston, SC 29403
Commercial property for lease
- Description
- This 4 building, 14 unit multi-family complex is in an excellent location downtown within walking distance to the College of Charleston, MUSC and King Street. With 46 bedrooms and 28 parking spaces, the income potential of this complex is extraordinary! These units have consistently been used as college rentals and this property has an incredible rental history, vacancies have only occurred while units were down for upgrades. As is, the projected gross income for 2018-2019 is over half a million dollars and with additional upgrades, addition of a 4th floor, and/or condo conversion that number could skyrocket. Building price details: $6,100,000.
- Exterior Features
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Parking: Yes Parking Spaces: 28 Parking Type: Surface - Contact info
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Jonathan R HoltKeller Williams Realty Charleston
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Year Built: 1978 Submarket: Duplex/Fourplex, Mid-Rise MSA: Charleston-North Charleston Zoning: DR-2 - Diverse Residential (26.4 units per acre) Buildings: 4 Terms: Cash to Seller Added: 05/10/2018