NOT LISTED FOR SALE

201 Broad St Charleston, SC 29401

South of Broad Neighborhood

Estimated Value: $3,082,000 - $3,302,310

12 Beds
8 Baths
7,002 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $1,825,000 $261 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $21,043/month

11 Days on Market

About This Home

As of March 2018

Perfect Condo Conversion Opportunity; All Units are Separately Metered Strategically Positioned on the Corner of Broad St and Colonial St Fully Occupied with Value Add Potential and Below Market Rents Stable Cash Flow; Price Per Unit Equating to $314k Highly Desirable Location with Broad St / Colonial Lake Frontage and Direct Passage to Lockwood Dr and Hwy-17 Walking Distance to MUSC, College of Charleston, King St, The Battery and Hundreds of Shops and Restaurants High Barriers to Entry for Multi Family Complexes South of Calhoun

Last Listed By

Joshua Schaap

Charleston Commercial License #55385 Listed on: 02/08/2018

Charleston Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 4,792 Sq Ft Lot

Interior Spaces

  • 12 Bedrooms
  • 7,002 Sq Ft Home
  • 3-Story Property

Schools

  • Memminger Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • 6 Units
  • South Of Broad Subdivision

Building Details

  • Operating Expense $52,146
  • Gross Income $133,800
  • Net Operating Income $77,863

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1906
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: 7808
  • Co List Office Phone: 843-416-2000
  • Subdivision Name: South of Broad
  • New Construction: No
  • Building Stories: 3
  • Structure Type: More than 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bedrooms: 12

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4570704007

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 133800
  • Property Net Operating Income: 77862.6
  • Annual Operating Expense: 52146.41

Range of Values:

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List Price
Sold Price
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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
03/30/2018 03/30/18 Sold $1,825,000 -- $261 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Schaap

    Seller's Agent in 2018

    Joshua Schaap

    Charleston Commercial

    (240) 328-4380

    7 Total Sales

    Joshua Schaap
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Map

Source: CHS Regional MLS

MLS Number: 18003338

CHS Regional MLS

APN: 457-07-04-101

South Carolina Charleston County Charleston 29401 South of Broad

201 Broad St, Charleston, SC

This home is located at 201 Broad St, Charleston, SC 29401 since 08 February 2018 and is currently estimated at $3,192,155, approximately $455 per square foot. This property was built in 1906. 201 Broad St is a home located in Charleston County with nearby schools including Memminger Elementary School, Simmons Pinckney Middle, and Burke High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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