Description
Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years.This property will give an investor the opportunity to increase the below market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based off market comparablea new owner has the opportunity to increase rents 30%-40%.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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2,715SQFT
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$470$/SQFT
School Information
Description
Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years.This property will give an investor the opportunity to increase the below market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based off market comparablea new owner has the opportunity to increase rents 30%-40%.
Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SCSold.com | Keller Williams Charleston West Ashley.
Data last updated: 2022-05-17T15:33:42.603.