2135 Montford Avenue Unit A, B, C
Charleston, SC 29403
- 9 beds
- – baths
- – sqft
- 4,791 sqft lot
- 2017 build
- – on site
Don't miss this rare investment opportunity: a 3-unit property built in 2017, situated in the heart of Downtown Charleston. This modern multi-family home offers a total of 9 bedrooms, 6 full baths, and 3 half baths across 4,197 square feet. Each unit boasts approximately 1,300 square feet of living space, featuring 3 bedrooms and 2.5 baths.Inside, you'll find high-end finishes throughout, including an open floor plan with high ceilings, stainless steel appliances, and large windows that fill the space with natural light. Units on the second and third floors feature spacious balconies--perfect for enjoying the Charleston weather.This area offers easy access to all that Wagener Terrace has to offer, a walk or short drive to Historic Downtown Charleston, but it is also adjacent to the NoMo area where there is a growing opportunity to experience this budding area which is becoming a tech hub with many restaurants and breweries providing a fresh social scene, and it's only a 10-15 minute drive to Charleston International Airport. Lastly, from an investment standpoint, this property is within walking distance to the site of the Magnolia Development which is a 20 acre site that is slated to include office and retail within its plans. The property comes with five off-street parking spaces, a highly sought-after amenity in this area. The 3 leases are staggered with lease renewals coming up March 1, 2025, May 1, 2025, and August 1, 2025. The property generates a total of $102,000 in gross revenue between the three units which makes it a great investment opportunity with all three units on long term leases. Conversely, a buyer looking to occupy one unit could easily utilize the revenues from the remaining two units. A $2,500 lender credit is available and will be applied towards the buyer's closing costs and prepaids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.
Last checked:
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Last updated Oct 17, 2024
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MLS# 24026495 —
The Building
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Year Built:2017
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New Construction:false
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Structure Type:Triplex
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Roof:Architectural
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Construction Materials:Masonite
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Foundation Details:Slab
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Building Area Total:4197
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Building Area Units:Square Feet
Interior
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Stories:3
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Interior Features:Ceiling Fan(s)
Location
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Directions:From I-26 East Towards Downtown Charleston, Take Exit 219a Onto Rutledge Ave Then Turn Left Onto Montford Ave. Home Will Be On Right.
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Latitude:32.813547
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Longitude:-79.954133
The Property
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Property Type:Residential Income
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Zoning Description:Conforming
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Other Structures:No
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Lot Size Acres:0.11
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Lot Size Area:0.11
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Lot Size SqFt:4791.6
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:9
Heating & Cooling
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Cooling:true
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Cooling:Central Air
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Heating:Natural Gas
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Heating:true
Utilities
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Utilities:Charleston Water Service
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:James Simons
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Middle Or Junior School:Simmons Pinckney
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High School:Burke
The Community
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Subdivision Name:Garden Hill
Parking
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Garage:false
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Parking Features:Other (Use Remarks)
Any use of search facilities of CTMLS data on this site, other than by a consumer looking to purchase real estate, is prohibited. Properties provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data deemed reliable but not guaranteed accurate by the MLS.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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10/16/24
Oct 16, 2024
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Listed / Active | CTAR | $1,410,000 | 64.0% (19.1% / YR) |
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6/14/21
Jun 14, 2021
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CTAR | $860,000 | 6.2% (2.3% / YR) | |
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10/26/18
Oct 26, 2018
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CTAR | $810,000 |
