Here's an extraordinary opportunity to profit from the exploding short term rental market in downtown Charleston, AND have office or retail space for additional income! This Commercial-Limited Business zoned property, units A,B,C,D are fully approved for short term rental and 1000 sq ft commercial space fronting Rutledge, Avenue, ready for your short term rental, and office or retail business. The property has been remodeled from the studs out, and comes completely furnished with all appliances for a true turnkey, hit the ground running rental revenue opportunity! A 6.3% cap rate in 2019, financials available from Listing Agent! 227A-Office Space Around 1000 sq ft of office space fronting Rutledge Avenue with full bath. Currently used as office for rental management company, could easily be converted to office, small retail or restaurant. Seller will lease back office space for two months after closing for guaranteed income. 227B Two Bedrooms, One Bath Queen Bed, Two Twins Sleeps 4 First Floor Unit Fully Equipped Kitchen Washer/Dryer Shared Outdoor Patio with Gas Grill This comfortable, two bedroom apartment is perfect for a group of up to four guests. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart. The unit features one off-street parking spot in the shared driveway, a large back patio with a gas grill, and a back porch with a swing. Upon entering the unit you will find the first bedroom to your right that has two twin beds and a desk. The living room features seating for three, a coffee table, and TV. The dining table accommodates four guests and the kitchen has new stainless steel appliances, granite counter tops, and all the kitchen essentials necessary for a night in. The second bedroom towards the back of the house is slightly larger and has a queen bed, plenty of closet space, and has its own doorway to the full bathroom. 227C Three Bedrooms, Two and a Half Baths One King, Two Queens Sleeps 6 Gourmet Kitchen Washer/Dryer Private Porch with Gas Grill This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart. Upon entering the property, you will follow the hall to the best part of the home, which is a beautifully decorated, spacious communal area. The space lets in plenty of natural light through the windows and two doors that lead to the double porch, featuring plenty of patio furniture, a gas grill, and overlooks the intersection of Rutledge and Spring. The living room has a flat screen TV atop the white marble fireplace and the dining table accommodates four guests. The kitchen is truly remarkable with all new top of the line stainless-steel appliances and a very large island with beautiful marble countertops offering seating for two at the bar. The main bedroom features a king bed, large walk-in closet, seating area, and a large master bathroom with a steam shower. Walk upstairs and you will find two bedrooms, each with queen beds and a full bathroom. Unit C also features high ceilings, hardwood floors throughout, and a private, shared patio. 227D One Bedroom, One Bath Queen Bed Sleeps 2 Full Kitchen Washer/Dryer Shared Patio with Gas Grill This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart. Washers and dryers in office area, and some owner furniture and artwork in units will not convey. Owner reserves rights to lease back office space for 60 days after closing.
Listing courtesy of Brand Name Real Estate.