704 Rutledge Avenue Charleston, SC $ 1,399,900
704 Rutledge Avenue
$ 1,399,900
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704 Rutledge Avenue

Charleston, SC, 29403
$ 1,399,900
Bedrooms6 Baths0.0 Sq 2,438

Monthly Estimate*

$ 9,304

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Multi-Family Home for sale in Charleston, SC

for $1,399,900 with 6 bedrooms. This 2,438 square foot home was built in 1938 on a lot size of 0.07.

Historic Downtown Duplex: Opportunity for an Investor or Live-in Owner!Location, Location, Location! This classic Charleston single boasts two spacious units (3 beds, 2 baths each) in the heart of vibrant downtown. Just steps from Hampton Park, neighborhood favorites Park & Grove, Herd Provisions, Moes Crosstown and (soon to be across the street) SightSee Coffee Shop! This income producing property offers the perfect blend of historic charm and modern convenience.Ideal for the Savvy Investor: Enjoy healthy rental income from two fully renovated units. Each unit features gleaming, restored wide-plank oak hardwood floors, high ceilings, and private porches. Modern kitchens and baths provide a touch of luxury for your tenants.Use for long term rentals, medium term furnished or convert the downstairs to office (RO Zoned). The options are endless... Live-in Owner's Dream: Occupy one unit and rent out the other to offset your expenses, take advantage of Charleston's booming short-term rental market. The downstairs unit could even be converted Unbeatable Downtown Living: Walk to explore Hampton Park, The Citadel, or the countless shops and restaurants lining the streets. This prime location offers everything you need at your doorstep. Bonus: Off-street parking is a rare features in downtown Charleston, providing additional convenience for you or your tenants. Please see attached disclosures, proformas for more information.

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Multi-Family Contingent

Price

$ 1,399,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.07

Year Built

1938

Town/City

Charleston

County/Region

Charleston

MLS | Web ID

24008784

Features
General
Sewer Public Sewer
Roof Metal
Garage Spaces 0
Year Built 1938
Community Features Dog Park Park Tennis Court(s)
County Charleston
New Construction No
Property Type Residential Income
Subdivision Name Hampton Park
Garage Y/N No
Other Structures None
Status Active Contingent
Directions Head South On Rutledge Ave. Property Will Be On The Left. Park In Drive Or Street Parking
High School Burke
City Charleston
MLS Area 52 - Peninsula Charleston Outside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 3049.2
Street Name Rutledge
Elementary School James Simons
Middle/Junior High School Simmons Pinckney
Virtual Tour https://my.matterport.com/show/?m=Fr3RPLvhWt3
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active Under Contract
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Exterior
Parking Features Other (Use Remarks)
Water Source Public
Lot Size Area 0.07
Foundation Details Crawl Space
Building Area Total 2438
Lot Size Acres 0.07
Covered Spaces 0
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Interior
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Avenue
Total Bedrooms 6
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* Excluded Features
List By
Corcoran Hm Properties

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Affordability Calculator

$9,304
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,304
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4141421 Elementary School
1478873 Middle School
Burke High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$1,399,900 -3.45% Price Down
4/11/2024$1,449,900 Listed Price

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704 Rutledge Avenue, Charleston, SC, 29403 is a Multi-Family Home for sale at $1,399,900 with 2,438 sqft and a lot size of 0.07. 704 Rutledge Avenue has 6 bedrooms, 0.0 baths, and was built in 1938. The property's zip code is 29403 which is in Charleston, SC