Viewing Listing MLS# 30813378 | 416 Sumter Street, Charleston SC

$699,000 | N/A beds | N/A full baths | N/A half baths | 1,410 sqft

$699,000
416 Sumter Street
Charleston, SC 29403
  • $495.74Price per SqFt
  • 1,410SqFt
  • 475Days on Market
  • N/AZoning
  • 1935Year Built
  • Multi FamilyUse
  • MLS# 30813378
  • Commercial Sales
  • Multi Family
  • Sold

  • Approx Time on Market1 year, 1 month, 9 days
  • AreaHistoric Charleston - Upper Peninsula
  • CountyCharleston
  • SubdivisionN/A

Overview

Great Fully Leased Duplex near Hampton Park Grossing $38,700.00 per year (8/1/23 to 7/31/24). 5 Total Bedrooms .... Apt A (1st Floor Unit) is a 2 Bedroom / 1 Bath, and Apt B (2nd Floor Unit) is a 3 Bedroom / 1 Bath (see rents below). Great investment opportunity or live in 1 unit and lease the other unit. The property has a large backyard which may allow for a Buyer to add additional square footage or additional units (Buyer to verify with the City of Charleston). Flood Zone AE.Apt A - $1,600.00 per month beginning 8/1/23 through 7/31/2024.Apt B - $1,625.00 per month beginning 8/1/23 through 7/31/2024.


Sale Info

Listing Date: 01-30-2023

Sold Date: 03-11-2024

Aprox Days on Market: 
   1 Year(s), 1 month(s), 9 day(s)

Listing Sold: 
    2 month(s), 8 day(s) ago

Asking Price: $699,000

Selling Price: $699,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1935

Financial

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  Great Fully Leased Duplex Near Hampton Park Grossing $38,700 / Year

Offer Compensation

Property Info

Second Property Subtype:  Multi Family

Zoning:  City of Charleston - DR-2F -

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $699,000

Property Use Type:  Investment, Multi-Family

Class Type:  Multi Family

Sold Info

Sold Date:  2024-03-11T00:00:00

Sqft Info

Rentable Area:  1410

Unit Info

Utilities / Hvac

Courtesy of listing office Southeastern Management Group, 

Featured Lender

image

Jim Hutto

Beacon Bank

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

Mortgage Calculator

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Price & Status History (on simplycommercial.com since Mon, Jan 30th 2023)
  • Original Price: $699,000
  • Current Price: $699,000
  • Price Reduced: $0
Date ChangedFromTo
03/11/2024Active ContingentSold
01/29/2024ActiveActive Contingent

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 05-19-2024 7:29 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 05-19-2024 7:29 PM EST est.

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