NOT LISTED FOR SALE
6 Beds
1 Bath
2,434 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: July 15, 2015

Last sale price $575,000 $236 Per Sq Ft

8 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 1-minute walk to Elliotborough Park and Community Garden

About This Home

As of July 2015

43 Rose Lane is a very unique building for this area of downtown Charleston. The building is constructed of cement/concrete, stucco and brick. The porch columns are fiberglass. The sub-floors are concrete making it a very quiet multi-tenant building. Being made of these materials makes for a very low maintenance rental property. Three of the four units have been upgraded with new flooring, tankless electric water heaters and new fixtures. All of the apartments are equipped with central HVAC and washer/dryer or hook-ups. Each tenant is able to enjoy their own porch area. The property also has sufficient off-street parking (concrete driveway). Rents in the neighborhood continue to increase and there is room to increase existing rents. The property has remained 100% leased throughout thecurrent ownership. This is a rare opportunity to own a low maintenance, high return property in Charleston's most up and coming neighborhood.
Owner is Listing Agent

Last Agent to Sell the Property

Daniel Atwill

Roadstead Real Estate Advisors, LLC License #1898 Listed on: 04/08/2015

Last Buyer's Agent

Daniel Atwill

Roadstead Real Estate Advisors, LLC License #1898 Listed on: 04/08/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • Masonry
  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 2,434 Sq Ft Home
  • 2-Story Property

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 4 Units
  • Cannonborough Elliotborough Subdivision

Building Details

  • Operating Expense $12,491
  • Gross Income $54,300
  • Net Operating Income $41,809

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1968
  • Lot Size Acres: 0.07
  • Subdivision Name: Cannonborough-Elliotborough
  • Directions: Heading East On The Crosstown Take The Line St. Exit And Turn Right On Rose Ln.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Roof: Metal
  • Construction Type: Block/Masonry, Stucco
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Carolina Water Service, SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54300
  • Property Net Operating Income: 41809
  • Annual Operating Expense: 12491

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2026
Sold by
Bought by

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jul 10, 2015
Sold by
Bought by
Seller's Agent
Daniel Atwill
Roadstead Real Estate Advisors, LLC
Buyer's Agent
Daniel Atwill
Roadstead Real Estate Advisors, LLC
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
0.0392%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
0.0637%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,750
Interest Rate
0.0637%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 None Listed On Document
$575,000 --
-- Attorney
$365,000 Attorney
$210,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $431,250
Previous Owner $330,000
Previous Owner $54,750
Previous Owner $273,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $575,000 -8.0% $236 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $625,000 -- $257 / Sq Ft
Source: CHS Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $12,931 $39,680 $0 $0
2023 $11,673 $39,680 $0 $0
2022 $10,758 $39,680 $0 $0
2021 $10,627 $39,680 $0 $0
2020 $10,548 $39,680 $0 $0
2019 $9,650 $34,500 $0 $0
2017 $9,225 $34,500 $0 $0
2016 $8,929 $34,500 $0 $0
2015 $6,535 $26,160 $0 $0
2014 $6,218 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 15009078

CHS Regional MLS

APN: 460-08-01-120

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