Cash flowing duplex in the highly sought-after Wagener Terrace neighborhood. This turn-key property is a rare find, collecting a healthy annual rental income of $73,500, while being currently leased under market value making it an ideal opportunity for savvy buyers looking to make rental bumps in August 2024 when the current 2 leases expire.Residents/Tenants will enjoy the convenience of living close to the shopping and dining of King St, with easy access to Hampton Park, renowned restaurants and the community garden, pickleball/tennis courts and basketball courts of Hester Street Park across the street.There are 2 units (A/B). Both units have 4 Bedrooms and 2 Bathrooms. There are 2 brand new A/C Units that have been installed in the past 2 years, as well as new bathroom tile floors in Unit A downstairs. 2 tankless Rennai hot water heaters. The driveway is long enough to fit 4 cars and there is plenty of off-street parking available. Tenants can enjoy the use of the roomy storage shed at the rear of the property, as well as use of the shared outdoor garden to cook out, relax and enjoy the sun!
Closed
$982,400
207 W Poplar St #A & B, Charleston, SC 29403
8beds
4baths
2,456sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$1,032,900 Zestimate®
$400/sqft
$5,307 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 18, 2024 at 09:59am
Listed by:
Daniel Ravenel Sotheby's International Realty
Bought with:
Maison Real Estate
Source: CTMLS,MLS#: 23027378

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 2,456
- Total interior livable area: 2,456 sqft
Property
Parking
- Parking features: Other
Features
- Stories: 2
Lot
- Size: 4,356 sqft
Details
- Zoning description: Conforming
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Charleston Water Service, Dominion Energy
Community & neighborhood
Location
- Region: Charleston
- Subdivision: Wagener Terrace
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Services availability
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Estimated market value
$1,032,900
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
$1,032,900