Viewing Listing MLS# 23021700 | 1525 Joan Street UNIT A & B, Charleston SC

$550,000 | 5 beds | N/A full baths | N/A half baths | 1,475 sqft

$550,000
1525 Joan Street UNIT A & B
Charleston, SC 29407
  • 5Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,475SqFt
  • 1959Year Built
  • 0.23Acres
  • MLS# 23021700
  • Multi Family
  • Sold

  • Approx Time on Market25 days
  • AreaWest Ashley Inside I-526
  • CountyCharleston
  • SubdivisionOrange Grove

Overview

Discover a Rare Opportunity in the Heart of Charleston, SC, with this Charming Duplex! This property is a unique investment prospect because it qualifies as a short-term when the owner resides in one of the two units. Whether you're looking for a source of passive income or a place to call home, this duplex delivers on all fronts. Offering a prime location, it sits close to Charleston's historic sites, dining establishments, shopping districts, and entertainment hubs. Comprising two self-contained units, this duplex provides flexibility for rental income or multi-generational living arrangements. With the owner occupying one unit, you can tap into Charleston's bustling tourism scene by renting out the other as a short-term vacation rental. Situated on nearly one quarter-acre of land.You'll enjoy the privacy the surrounding fence offers while basking in the shade of the majestic live oak tree stretching its canopy over the backyard. This property also features three versatile outbuildings, one currently being used as a functional woodshop. With room for up to 10 parking spaces, this property provides ample space and endless opportunities.This meticulously updated building offers a fresh and modern aesthetic, thanks to a recent paint job, new windows, and carefully landscaped surroundings. Unit A, which served as a charming Airbnb, has undergone a comprehensive transformation. You'll find a delightful space with three bedrooms and one bathroom inside. New features include resilient LVP flooring and baseboards. The kitchen boasts new cabinetry, butcher block countertops, a new sink with stylish tile backsplash, and a new dishwasher. A shiplap wall adds a trendy touch, The bathroom has been completely revamped with a tiled shower, a new shower base, an elongated toilet, and a vanity. Modern amenities such as a bathroom exhaust fan, a WiFi thermostat, a keypad entry, and updated windows and trim elevate the comfort and functionality of this unit. Unit B, served as the current owner's primary residence, is in the midst of an exciting renovation. Some key updates have already been completed, including new windows and trim, setting the stage for a fresh and inviting atmosphere. The kitchen has undergone a total transformation, featuring attractive hickory cabinets and a sleek subway tile backsplash. New appliances, including a range, microwave, refrigerator, dishwasher, and garbage disposal, ensure modern convenience for your culinary endeavors. An enclosed laundry room adds practicality to daily living. The finishing touches, including paint and flooring, will be impeccably executed and finalized before closing, allowing you to move in and enjoy your revamped space hassle-freeBoth units have received substantial updates to essential systems, ensuring efficiency and peace of mind for the future. The property boasts new ductwork, enhancing heating and cooling distribution throughout the units. Additionally, one of the units benefits from a brand-new HVAC unit, guaranteeing comfort in all seasons. Electrical systems have been thoroughly updated to meet modern standards. Further enhancing the property's functionality, epoxy spin-cast has been applied to the sewer system, and a new main water shut-off valve has been installed, simplifying maintenance and minimizing potential issues. These thoughtful upgrades contribute to this property's overall appeal and long-term value.With limited inventory in this price range and its proximity to downtown Charleston, this property presents a rare opportunity that won't last long. Act swiftly to secure your piece of this highly sought-after real estate, offering modern updates and the potential for income generation. Take advantage of this gem in the heart of Charleston!


Sale Info

Listing Date: 09-20-2023

Sold Date: 10-16-2023

Aprox Days on Market: 
    25 day(s)

Listing Sold: 
    6 month(s), 12 day(s) ago

Original Asking Price: $550,000

Asking Price: $550,000

Selling Price: $550,000

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Same as Asking Price

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1959

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  1 Car

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.23

Lot Size Units:  Acres

Acres:  0.23

Lot Sqft:  10018.8

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Foundation:  Slab

Exterior:  Brick

New Construction:  No

Roof:  Asphalt

Property Subtype:  None

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Duplex

Room Info

Beds:  5

Sale / Lease Info

Sold Date:  2023-10-16T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  700

Unit Sqft:  1,100

Sqft:  1475

Unit Info

Unit:  A & B

Unit Bedrooms:  2

Unit Bedrooms:  3

Utilities / Hvac

Heating:  No

Cooling:  No

Waterfront / Water

Waterfront:  No

Schools

Elem:  Springfield

Middle:  C E Williams

High:  West Ashley

Directions

Orange Grove Rd Off Sam Rittenberg Blvd. Turn Onto East Avalon. Left On Joan.

Courtesy of listing office AgentOwned Realty Charleston Group  - 843-769-5100

Featured Lender

image

Jim Hutto

Beacon Bank

843-990-5517
jim@beacon.bank
https://www.beacon.bank/connect/our-team/commercial-bankers

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On simplycommercial.com since Wed, Sep 20th 2023
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Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-28-2024 6:25 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-28-2024 6:25 PM EST est.

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