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15b-23 Kracke St, Charleston, SC 29403
0 Beds
0 Baths
11,445 sqft

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4 OUT OF A SPECTACULAR GROUP OF 5 MULTIFAMILY BUILDINGS BUILT BETWEEN 1890 AND 1915. FRAME SIDING. THERE ARE 25 PARKING SPACES.3 BLOCKS TO MUSC. RETURN ON CAPITALIZATION SHOULD BE APPROXIMATELY 6.%.SQUARE FOOTAGE IS APPROXIMATE. BUYER SHOULD VERIFY.GROSS INCOME SHOULD BE $270,0005 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 **POSITIVE CASH FLOW*** AFTER ALL EXPENSES AND MORTGAGE PAYMENT OF $1,000-$2,000 /
  • Price:
  • $3,265,000
  • Square Footage:
  • 11,445
  • Acreage:
  • 0.42
  • Year Built:
  • 1890
  • Listing ID #:
  • 19033586
  • Street Address:
  • 15b-23 Kracke St
  • City:
  • Charleston
  • State:
  • South Carolina
  • Postal Code:
  • 29403
  • County:
  • Charleston
  • Community:
  • Peninsula Charleston Inside Of Crosstown
  • Listing Status:
  • Active
1
out of 5

Burke High School
Public
9-12
385 students
10 student/
teacher
  • Construction Description:
  • Wood Siding
  • Number Of Units:
  • 12
  • Stories:
  • 2.0
  • Total Building Square Footage:
  • 11445
  • Year Built:
  • 1890
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Carolina One Real Estate
  • Copyright 2017 Charleston Trident Multiple Listing Service, Inc. All rights reserved. CHARLS
  • Schools information provided by ATTOM

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