NOT LISTED FOR SALE
12 Beds
5 Baths
5,144 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: July 15, 2022

Last sale price $2,549,000 $496 Per Sq Ft

68 Days on Market

Highlights

  • 0.23 Acre Lot
  • Stacked Washer and Dryer
  • 5-minute walk to Rivers Green
  • Wood Siding
  • Heat Pump System

About This Home

As of July 2022

The 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.

Last Agent to Sell the Property

Matthew Anderson

The Boulevard Company License #89024 Listed on: 10/07/2021

The Boulevard Company
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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1840

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1840
  • Lot Size Acres: 0.23
  • Subdivision Name: Radcliffeborough
  • Directions: Take Calhoun St. West Past King St. Turn Right Onto Pitt St, And The House Is On Your Left Before Vanderhorst St.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 12

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • 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: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 172800
  • Annual Operating Expense: 37199

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
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 View Prior Sale
Source: CHS Regional MLS

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Map

Source: CHS Regional MLS

MLS Number: 21027190

CHS Regional MLS
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