Listing Details

117 Drake Charleston, SC 29403 1961sq.ft. 6 3

$525,000

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Don't miss your opportunity live in Downtown Charleston and have two other units help pay your mortgage. The location is great - across the street from the Cigar Factory, a few steps away from Trident Tech and a short walk to upper Meeting and King Street. Also get exercise by walking the Bridge which is literally steps away. Be on the cusp of owning property where new development is planned on the vacant land where the old Cooper River bridges came through town. This area will be filled with housing, shopping and commercial space. Revitalization is happening in all directions. This historic triplex is in good shape and fully rented at present. Unit A - 3 bedroom/1 bath - $1500, Unit B - 2 bedroom / 1 bath - $950 and Unit C - 1 bedroom / 1 bath - $900. Rents could be more, owner has notraised rent in a while. Beautiful antique heart of pine flooring in the front house in unit A&B. Both Unit A&B have stack washer/dryer, refrigerator, gas range dishwasher and microwave. Unit C has Refrigerator, gas range and microwave. The entire property was renovated in 2006 including all new HVAC and ductwork. The rear unit was upgraded again several years ago. There is room for 2-3 cars in the driveway. Each unit is separately metered - tenants pay their own utilities.