$1,500,000 | 6 beds | N/A full baths | N/A half baths | 3,281 sqft

$1,500,000 No Recent Price Change
6 Doughty Street
Charleston, SC 29403
  • 6Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 3,281SqFt
  • 1835Year Built
  • 0.11Acres
  • MLS# 24008597
  • Multi Family
  • Active

  • Approx Time on Market5 months, 14 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision None

Overview

Nestled in the heart of Charleston's coveted Radcliffeborough neighborhood, this high-demand rental property offers a unique blend of history, charm, and investment potential. Just steps from MUSC and near College of Charleston, this ensemble features a historic single home and a separate carriage house, totaling four distinct units with excellent rental history. Current leases extend through 2025 (Units A, B & C through June 30, Carriage Home through July 31). Each lease includes a 90-day Termination Addendum in the event of a sale, offering flexibility for new owners. A spacious off-street parking lot accommodating up to 5 vehicles is a rare find. There is a large potential to maximize monthly rentals to well over $10,000/month.The Seller has had no problems with flooding in 25-plusyears of ownership. The home is in flood zone AE-11current insurance policy is with Progressive Insurance. The flood premium for main house is $2,358/year; flood insurance for carriage home is $1,363/year; homeowner's premium $5,699/year. The property holds the potential for condominium conversion, maximizing your return on investment. Alternatively, you could choose to live in one unit and generate rental income from the other three, offering flexibility to suit your needs.Throughout both the main house and carriage house, timeless heart pine floors exude classic Charleston charm, creating a warm and inviting atmosphere. The front building boasts a variety of living spaces, including a 2BR/1Bath unit, a 1BR/1Bath unit, and an efficient 1Bath studio. The separate carriage house offers a charming 2BR/1Bath layout, perfect for those seeking a bit more privacy.This property isn't just a purchase; it's an investment in Charleston's historic fabric and a doorway to countless possibilities. Whether you're seeking a multi-unit investment, a potential condo conversion project, or a home with built-in rental income, this versatile property delivers on all fronts.



Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Community Features:  Laundry

Bathroom Info

Building Info

Year Built:  1835

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Lot Info

Lot Size:  0.11

Lot Size Units:  Acres

Acres:  0.11

Lot Sqft:  4791.6

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  3

Foundation:  Crawl Space

Exterior:  Brick, Wood Siding

New Construction:  No

Roof:  Slate

Property Subtype:  Yes

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Quadruplex

Room Info

Beds:  6

Sale / Lease Info

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Unit Sqft:  250

Unit Sqft:  1,000

Unit Sqft:  1,064

Unit Sqft:  1,000

Sqft:  3281

Unit Info

Number of Units Total:  4

Unit Bedrooms:  1

Unit Bedrooms:  1

Unit Bedrooms:  2

Unit Bedrooms:  2

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Window Unit(s)

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

From Calhoun, North On Ashley Avenue, Right On Doughty Street, Property Is On Left

Courtesy of listing office St. Germain Properties LLC 

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On realcharlestonagent.com since Fri, Apr 5th 2024
No Property History recorded for this listing.
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina Elite Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 09-19-2024 11:56 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 09-19-2024 11:56 PM EST est.

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