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15b-23 Kracke St, Charleston, SC 29403
0 Beds
0 Baths
13,445 sqft

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SPECTACULAR GROUP OF 5 MULTIFAMILY BUILDINGS BUILT BETWEEN 1890 AND 1915. FRAME SIDING. THERE ARE 25 PARKING SPACES.3 BLOCKS TO MUSC. RETURN ON CAPITALIZATION SHOULD BE 5.8%.SQUARE FOOTAGE IS APPROXIMATE. BUYER SHOULD VERIFY.GROSS INCOME SHOULD BE $300,000+6 UNITS ARE CURRENTLY VACANT BECAUSE OF RECENT RENOVATION ACTIVITY AND PLANS TO MARKET THE UNITS INDIVIDUALLY. THERE ARE 4 DUPLEXES AND ONE SIX-PLEX. OWNER WILL CONSIDER SELLING THE BUILDINGS SEPARATELY NEXT MONTH.THE DUPLEXES WILL ALLOW AN OWNER OCCUPANT TO LIVE IN ONE UNIT AND SHORT-TERM LEASE THE OTHER. THIS WILL RESULT IN A **POSITIVE CASH FLOW*** AFTER ALL EXPENSES AND MORTGAGE PAYMENT OF $1,500-$2,500 PER MONTH.
  • Price:
  • $3,925,000
  • Square Footage:
  • 13,445
  • Acreage:
  • 0.50
  • Year Built:
  • 1890
  • Listing ID #:
  • 19033586
  • Street Address:
  • 15b-23 Kracke St
  • City:
  • Charleston
  • State:
  • South Carolina
  • Postal Code:
  • 29403
  • County:
  • Charleston
  • Community:
  • Peninsula Charleston Inside Of Crosstown
  • Listing Status:
  • Active
1
out of 5

Burke High School
Public
9-12
385 students
10 student/
teacher
  • Construction Description:
  • Wood Siding
  • Number Of Units:
  • 14
  • Stories:
  • 2.0
  • Total Building Square Footage:
  • 13445
  • Year Built:
  • 1890
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Carolina One Real Estate
  • Copyright 2017 Charleston Trident Multiple Listing Service, Inc. All rights reserved. CHARLS
  • Schools information provided by ATTOM

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