23-25 Line Street

$2,450,000
MLS#:
18016268
Address:
23-25 Line Street
Charleston, SC 29403
Price:
$2,450,000
 
 


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Property Information:


Area:
51 - Peninsula Charleston Inside of Crosstown
Acres:
0.23
Middle School:
Simmons Pinckney
High School:
Burke
Status:
Active
Year Built:
1980

Description:


Remarks:
Smith's Alley is the best new redevelopment project in Charleston. Conveniently located near the corner of Meeting & Line Streets across from the new 12 acre Courier Square development. Smith's Alley is a beautifully renovated 7 unit; 22 bedroom apartment building in the epicenter of Charleston's most creative food, music, design, & art scene. Complete restoration from top to bottom: all new roof, electrical, plumbing, & HVAC. Beautiful new kitchens, new high-end appliances, new bathrooms, quality fixtures. Parking available for Tenants & tranquil private courtyards for Tenant use: recreation, meditation, alfresco dining, bike storage. Well positioned in the 'new' center of the Peninsula. Easy access to I-26, Mt. Pleasant, and steps from the restaurants & nightlife of Upper Meeting Street and King Street. Easy to lease - Tenants will be drawn to this trend-setting neighborhood with so many available amenities: bike the bridge, take a Yoga class, see a show at Woolfe Street Playhouse, meet friends at The Alley, Rappahannock Oyster Bar, The Commodore, Indaco, & so much more. Year 1 Rent Income = $185,400. NOI = $154,793 (see the attached Sale Information Packet).

Map of Property


 
   

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