NOT LISTED FOR SALE

179 Queen St Unit 1, 2, 3, 4, 5 Charleston, SC 29401

Harleston Village Neighborhood
10 Beds
5 Baths
4,500 Sq Ft
0.5 Acres

Last Sold August 01, 2022

Last sale price $2,185,000 $486 Per Sq Ft

68 Days on Market

Highlights

  • 0.5 Acre Lot
  • Central Air
  • Wood Siding
  • Furnished
  • Ceiling Fan
  • Heat Pump System

About This Home

As of August 2022

Excellent opportunity to own an income producing multifamily property in one of Charleston's premier neighborhoods, Harleston Village. This large building totals 10 bedrooms and 6 bathrooms across 5 units, and is located just a stone's throw from Colonial Lake, restaurants, coffee shops, shopping, theaters, and all the best of what downtown Charleston has to offer. 179 Queen St is currently a blend of permitted short term, executive, and long term rentals, and will provide its next owner with options to suit whatever their investment needs may be. Property includes a large parking lot with 7+ spaces.Unit 1: 1 BR/ 1 BALeased: STR ~$5,500*Unit 2: 3 BR/ 2 BALeased Executive ~$4,600*Unit 3: 1 BR/ 1 BALeased Long Term $2,500Ends 3/31/23Unit 4: 3 BR/ 1 BALeased Long Term $2,600Ends 7/29/22Unit 5: 2 BR/ 1 BALeased Long Term $4,500Ends 12/18/22*Please note that these figures are approximate and represent the average monthly earnings. STR and Executive rentals are done through Airbnb/ VRBO and are variable from month to month. 2021:Gross income = $172,306Expenses = $57,345NOI = $114,961Projected 2022 Gross Income: $230,000

Last Listed By

Zack Robinson

Realty One Group Coastal License #85365 Listed on: 03/07/2022

Realty One Group Coastal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1855

Lot Details

  • 0.5 Acre Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 10 Bedrooms
  • 4,500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • 5 Units
  • Harleston Village Subdivision

Building Details

  • Operating Expense $59,784
  • Gross Income $156,852
  • Net Operating Income $97,068

Property Details

Home Type

Multi-Family

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1855
  • Lot Size Acres: 0.5
  • Inclusions: All Furniture
  • Subdivision Name: Harleston Village
  • Directions: Head South On Rutledge. Take Left On Queen St. Property Is 3rd On The Right.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: More than 4, Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
  • Total Bedrooms: 10
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Slate
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Map Number: 4571201003

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 156852
  • Property Net Operating Income: 97068
  • Annual Operating Expense: 59784

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Off Market $2,185,000 -- --
08/01/2022 08/01/22 Sold $2,185,000 -2.9% $486 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $2,250,000 0.0% $500 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $2,250,000 -10.0% $500 / Sq Ft
03/17/2022 03/17/22 For Sale $2,500,000 -- $556 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 22005657

CHS Regional MLS

APN: 457-12-01-152