4 OUT OF A SPECTACULAR GROUP OF 5 MULTIFAMILY BUILDINGS BUILT FROM 1890 - 1915. FRAME SIDING. THERE ARE 21 PARKING SPACES FOR THESE 4 UNITS.3 BLOCKS TO MUSC. RETURN ON CAPITALIZATION SHOULD BE APPROXIMATELY 6.%.SQUARE FOOTAGE IS APPROXIMATE. BUYER SHOULD VERIFY.GROSS INCOME SHOULD BE $274,5002 UNITS ARE CURRENTLY VACANT BECAUSE OF RECENT RENOVATION ACTIVITY. REMAINING FOR SALE ARE 3 DUPLEXES AND ONE SIX-PLEX. THERE WERE 4 DUPLEXES BUT THE OWNER SOLD ONE MID-MARCH. HE WILL SELL ANY OF THESE REMAINING BUILDINGS SEPARATELY. CURRENTLY DUPLEX 23 KRACKE IS LISTED SEPARATELY FOR $710,000.THE DUPLEXES WILL ALLOW AN OWNER OCCUPANT TO LIVE IN ONE UNIT AND SHORT-TERM LEASE THE OTHER. THIS WILL RESULT IN A **$1,500 /MONTH POSITIVE CASH FLOW*** NET OF ALL EXPENSES AND MORTGAGE
Off market
$4,792,500
15 Kracke St #B, Charleston, SC 29403
--beds
0baths
11,445sqft
MultiFamily
Built in 1890
-- sqft lot
$4,792,500 Zestimate®
$419/sqft
$2,925 Estimated rent
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Estimated market value
$4,792,500
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
$4,792,500