12 UNIT INVESTMENT PROPERTY - Downtown near Cigar Factory * All Units 2 bed / 1 Bath * Potential Condo Conversion * High Growth Area * Excellent Rental history w/ability to raise rents in 2024 * Fenced & Gated * 18 Parking Spaces * Very Good Condition * 2 Units Updated in 2023
Closed
$2,950,000
78 & 80 Drake St, Charleston, SC 29403
24beds
12baths
8,200sqft
Multi Family
Built in 1988
-- sqft lot
$3,312,000 Zestimate®
$360/sqft
$2,307 Estimated rent
Home value
$3,312,000
$2.91M - $3.81M
$2,307/mo
Zestimate® history
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$13,283/mo
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Zillow last checked: 7 hours ago
Listing updated: June 05, 2024 at 10:30am
Listed by:
The Peninsula Company, LLC
Bought with:
Colony Commercial LLC
Source: CTMLS,MLS#: 24008182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 12
Heating
- Forced Air
Cooling
- Central Air
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 8,200
- Total interior livable area: 8,200 sqft
Property
Parking
- Parking features: Other
Features
- Stories: 2
Lot
- Size: 0.32 Acres
Details
- Special conditions: Flood Insurance
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block/Masonry
- Foundation: Slab
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Charleston Water Service
Community & neighborhood
Community
- Community features: Security
Location
- Region: Charleston
- Subdivision: None
Other
Other facts
- Listing terms: Any
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Sold | $2,950,000-1.7%$360/sqft |
Source:  CTMLS #24008182 Report a problem | ||
| 4/16/2024 | Contingent | $2,999,999$366/sqft |
Source: CTMLS #24008182 Report a problem | ||
| 4/2/2024 | Listed for sale | $2,999,999$366/sqft |
Source: CTMLS #24008182 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 7/10Sanders-Clyde Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Simmons Pinckney Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Burke High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Sanders Clyde
- Middle: Simmons Pinckney
- High: Burke
Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$3,312,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,312,000
- South Carolina
- Charleston County
- Charleston
- 29403
- Eastside
- 78 & 80 Drake St