Sold

Closed

61 Amherst Street # B Unit: A & B

Charleston SC, 29403

$1,170,000


$489.13 per sqft

Sold

Closed

6 Beds

2,392 sqft

Multi-family

Built in 2017

Newly built in 2017! This turn-key duplex is the perfect investment property. Both units have 3 bedrooms with 2.5 baths, 2 porches, tall ceilings, an open floor plan with granite counters, a large seated island, stainless appliances, and stackable standard washers and dryers which can convey. The new owner could live in the upper unit and enjoy $38K+ gross rental income from the lower unit, or enjoy $80K+ gross rental income by leasing both units and increasing rent to the current market rate. You could convert one or both into furnished monthly rentals to capitalize on greater income potential. This property is located in a fabulous spot on the peninsula within walking distance to Marion Square and two blocks from King St and some of the most sought-after restaurants, bars, shops,the upcoming Low-line, The Cigar Factory and more in Charleston. Units are separately metered, and tenants pay their utilities therefore no complicated utility use agreements. The property is in an X flood zone, flood insurance is not required for lending. There is ample space in the rear to construct an elevated carriage house which could provide a new owner with a 3rd rental apartment or provide covered parking for 3 vehicles. Buyer to confirm zoning and permitting with the city. Flat roof, cement board siding and parking for at least 3 cars. Unit B upstairs has recently been painted as well! Make your appointment soon to see this well maintained duplex!

24020396

MLS ID

August 12, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Heat Pump

Exterior/Building Features

Lot Size

0.08 Acres


Roof

See Remarks


Sewer

Public Sewer

School Information

High School

Burke


Elementary School

Sanders Clyde

Other Property Details

Area Name

51 - Peninsula Charleston Inside of Crosstown


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Water Source

Public


Pool

No


Utilities

Charleston Water Service, Dominion Energy

Listing History

Date

Event

Price

9/16/2024

Sold

$1,170,000

8/15/2024

Under contract

Courtesy of Lois Lane Properties with Keelin Love

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