Seller's Agent in 2022
Matthew Anderson
The Boulevard Company
(843) 437-8386
6 in this area
128 Total Sales
73 Pitt St Unit A,B,C,D Charleston, SC 29403
Radcliffeborough Neighborhood
12
Beds
5
Baths
5,144
Sq Ft
10,019
Sq Ft Lot
Highlights
- 0.23 Acre Lot
- Wood Siding
- Heat Pump System
- Cooling Available
- Stacked Washer and Dryer
- 4-minute walk to Rivers Green
About This Home
As of July 2022The William Waller House, circa 1840, is situated on a large .23 acre lot located in the heart of Radcliffeborough and just steps from Upper/Central King St., Marion Square, the College of Charleston, and MUSC. The property features 4 units, and 12 bedrooms 10 full and 2 half baths, . Current gross annual income is $14,400/month ($172,800 annually) making it ideal for use as a primary residence or as an investment property. The large lot can easily accommodate 10+ off-street parking spaces. All of the units were renovated extensively in 2019-20 with updated electrical, plumbing, HVAC, lighting, and all new kitchens and baths.The stunning main house (Unit A) features 5 bedrooms/5.5 baths and approximately 3,000 sq.ft. making it ideal for use as a primary residence while allowing the flexibility of continuing to lease Units B, C, and D at $7,900/month (increasing to $8,150/month). Believed to have been constructed by Richard Holloway, this grand structure has been preserved with original plaster moldings, wide plank heart pine floors, 11 foot + ceilings, grand double piazzas, wrought iron gates, and original marble mantles/surrounds on two of the four fireplaces. The property has a current lease in place at $6,500/month, which is increasing to $6,600/month in August.
Unit B has approximately 900 sq.ft. with 3 bedrooms/3.5 baths and a lease currently in place at $3,500/month (increasing to $3,600/month). This stunning unit features updated plumbing, electrical, and HVAC along with reclaimed hardwood floors, beautifully finished bathrooms, and a well appointed kitchen featuring new countertops, cabinets, appliances, and lighting/plumbing fixtures.
Units C & D are approximately 640 sq.ft. each with 2 bedrooms/1 bath. Both units are leased at $2,200/month (increasing to $2,250 & $2,300/month) and features updated kitchens/baths, new HVAC units, refinished original hardwood floors, and updated lighting throughout.
There are 10+ off street spaces on-site and each individual unit is eligible to apply for 2 on-street parking decals through the City of Charleston. Additional income/expense information available by request.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1840
Lot Details
- 10,019 Sq Ft Lot
Parking
- Open Parking
Home Design
- Quadruplex
- Architectural Shingle Roof
- Slate Roof
- Wood Siding
Interior Spaces
- 12 Bedrooms
- 5,144 Sq Ft Home
- 3-Story Property
- Crawl Space
- Dishwasher
- Stacked Washer and Dryer
Schools
- Memminger Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for all utilities
Community Details
Overview
- 4 Units
- Radcliffeborough Subdivision
Building Details
- Operating Expense $37,199
- Gross Income $172,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $2,549,000 | 0.0% | $496 / Sq Ft |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | Price Changed | $2,549,000 | -1.9% | $496 / Sq Ft |
| 04/11/2022 04/11/22 | Price Changed | $2,599,000 | 0.0% | $505 / Sq Ft |
| 04/11/2022 04/11/22 | For Sale | $2,599,000 | -2.8% | $505 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $2,675,000 | +132.6% | $520 / Sq Ft |
| 08/08/2019 08/08/19 | Sold | $1,150,000 | -- | $224 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Matthew Anderson
-
Rebecca Linenger
Seller's Agent in 2019
Rebecca Linenger
The Boulevard Company
(843) 364-5818
2 in this area
163 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 21027190
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