Bought with Agent Group Realty Charleston
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515 Rutledge Ave Charleston, SC 29403
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Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $553
Subdivision Westside
MLS Listing ID 25031124
Sold Date 06/04/26
Bedrooms 8
HOA Y/N No
Year Built 1930
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.
Location
State SC
County Charleston
Area 52 - Peninsula Charleston Outside Of Crosstown
Interior
Cooling Other
Exterior
Community Features Laundry
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Asphalt
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools James Simons
Middle Schools Simmons Pinckney
High Schools Burke
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Nearby Locations
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