151 Line Street
Charleston, SC 29403

  • 6 beds
  • 2 baths
  • – sqft
  • 3,049 sqft lot
  • 1852 build
  • on site

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Excellent opportunity to own an income producing duplex within walking distance to the upper King Street revitalization! This large 2,212 square foot duplex offers two units, each with three spacious bedrooms with ceiling fans, one bath, and washer/dryer. This house has it ALL- fantastic location for students (CofC, MUSC, Charleston School of Law), PLENTY of off-street parking, central heat/air, updated electrical/plumbing, separate meters for all utilities, and six bedrooms! Neighboring properties are renting anywhere from $600-900/ a bedroom!! The home includes all appliances- washer/dryers, refrigerators and gas ranges. The second floor porch offers a relaxed sitting area and there is plenty of room in the backyard for grilling, entertaining or additional parking. Now to what matters--THE NUMBERS- Hazard insurance-2723, new flood insurance $476/year (new elevation certificate 2/14/14), taxes (6%) 3,470.89. Managed personally- If you rented each bedroom for $600 (practical), your ROI would be 9.1% including a 1K dollar maintenance budget!! At $650 a room, your ROI goes up to 10.1%!!! Property is currently leased and they are set to expire 7/31/14. Don't let this opportunity to own a well priced, income producing property pass you by!

Charleston Trident Multiple Listing Service, Inc logo Listing courtesy of CTAR / Michael Pitcairn / State Street Real Estate Group

Last checked: Checking… • Last updated Sep 28, 2023 •

MLS# 1403788 —

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Sale history

Date Event Source Price % Change
7/23/13
CTAR $310,000

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House Sold on 4/4/2014

$375,000

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Listing provided by broker:

Michael Pitcairn

State Street Real Estate Group

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Charleston Trident Multiple Listing Service, Inc logo Listing Courtesy of: State Street Real Estate Group.

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