Potential Short Term Rental complex. This listing comprises 262 Rutledge Ave (parking lot), 12 Humphrey Court (Duplex) and 10 Humphrey Court (Triplex). These are also listed individually, but 262 Rutledge must be sold with 10 Humphrey. The highest and best use is to purchase the package and operate this as a Short Term Rental Bed and Breakfast. The property has recently completed a multi year renovation and has not been listed for rental yet. The price includes all furniture in all the units. The renovation is a full renovation from top to bottom of the duplex, the triplex and the parking lot. This is a turnkey operation available for sale as both a package or the seller may consider selling parts. Please note that 12 humphrey will only have parking if package is purchased.
Laundry Remarks:
Washer Hookup
Subdivision:
Cannonborough-Elliotborough
Community:
51 - Peninsula Charleston Inside of Crosstown
Heating:
Central, Electric
Utilities
Charleston Water Service, Dominion Energy
Amenities:
Bus Line, Laundry, Storage
Elementary School:
Mitchell
Middle School:
Simmons Pinckney
Avenue, Charleston, SC, 29403
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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