Step into the heart of historic charm in downtown Charleston's beloved Harleston Village neighborhood with this unique investment opportunity. The property consists of two buildings with four individual units and 15 parking spaces. It was updated in 2016 when purchased by existing owners. It has an extremely strong rental history and has been 100% leased for the last 7 years with annual rents of $210,000+. The property is fully leased until August 2025 with rental rates locked in to increase 11%. Within walking distance of the College of Charleston and MUSC, as well as Colonial Lake and vibrant King Street, residents can easily enjoy all that downtown has to offer. The historic home dates back to 1880 and boasts two levels of piazzas overlooking iconic Bull Street, offering quintessential Charleston views. Unit A features three bedrooms and two full baths, while Unit B spans two stories, with three bedrooms and two baths across its two floors. Unit C offers cozy comfort with one bedroom and one bath, while the remaining unit, Unit D, is a back house apartment with three bedrooms and two bathrooms. Off-street parking, currently leased for additional income, adds a coveted amenity to this historic gem.
Closed
$2,460,000
38 Bull St, Charleston, SC 29401
10beds
7baths
5,608sqft
Multi Family, Single Family Residence
Built in 1880
-- sqft lot
$2,527,600 Zestimate®
$439/sqft
$4,645 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 20, 2024 at 01:56pm
Listed by:
The Cassina Group 843-628-0008
Bought with:
RE/MAX Southern Shores
Source: CTMLS,MLS#: 24012252

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
Heating
- Forced Air
Cooling
- Central Air
Interior area
- Total structure area: 5,608
- Total interior livable area: 5,608 sqft
Property
Parking
- Parking features: Other
Features
- Stories: 3
Lot
- Size: 0.26 Acres
Details
- Additional structures: None
- Parcel number: 4570302026
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Charleston Water Service, Dominion Energy
Community & neighborhood
Location
- Region: Charleston
- Subdivision: Harleston Village
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$2,527,600
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
$2,527,600