Viewing Listing MLS# 29858505 | 43 Rose Lane, Charleston SC

$625,000 | N/A beds | N/A full baths | N/A half baths | 2,434 sqft

$625,000
43 Rose Lane
Charleston, SC 29403
  • $256.78Price per SqFt
  • 2,434SqFt
  • 460Days on Market
  • N/AZoning
  • 1968Year Built
  • Multi FamilyUse
  • MLS# 29858505
  • Commercial Sales
  • Multi Family
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

43 Rose Lane is a very unique building for this area of downtown Charleston. The building is constructed of cement/concrete, stucco and brick. The porch columns are fiberglass. The sub-floors are concrete making it a very quiet multi-tenant building. Being made of these materials makes for a very low maintenance rental property. Three of the four units have been upgraded with new flooring, tankless electric water heaters and new fixtures. All of the apartments are equipped with central HVAC and washer/dryer or hook-ups. Each tenant is able to enjoy their own porch area. The property also has sufficient off-street parking (concrete driveway). Rents in the neighborhood continue to increase and there is room to increase existing rents. The property has remained 100% leased throughout the current ownership. This is a rare opportunity to own a low maintenance, high return property in Charleston's most up and coming neighborhood. Owner is Agent


Sale Info

Listing Date: 01-30-2023

Sold Date: 04-17-2015

Listing Sold: 
   9 Year(s), 18 day(s) ago

Asking Price: $625,000

Selling Price: $625,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1968

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Lot Acres Min:  0.070

Land Size:  0.07

Misc

Title:  43 ROSE LN

Offer Compensation

Property Info

Second Property Subtype:  Multi Family

Zoning:  City of Charleston - DR-2F -

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash, Other

Property Type:  A

Original Price:  $625,000

Build To Suit:  No

Property Use Type:  Business, Investment, Vacant

Class Type:  Multi Family

Sold Info

Sold Date:  2015-04-17T00:00:00

Sqft Info

Rentable Area:  2434

Unit Info

Utilities / Hvac

Courtesy of listing office Roadstead Real Estate Advisors, LLC 

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 Mon, Jan 30th 2023
No Property History recorded for this listing.

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 05-05-2024 1:03 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 05-05-2024 1:03 PM EST est.

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