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Charming duplex with an established rental history. A classic Charleston Single home offering incredible flexibility. Keep as a rental property, live in one unit and rent the other, or convert back to single-family. Located in the heart of Wraggborough, the Garden District. Offers a 2 bedroom, 1 bath unit on the ground floor, and a 3 bedroom, 3 bath unit over the second and third floors. Built in 1835, this home exudes charm and character with its metal roof, double-tiered piazzas, plus off-street parking and a private backyard with a courtyard and fountain. The interior boasts high ceilings, historic heart pine floors, brick fireplaces, and original woodwork. Only steps from Wragg Square Park, and just 3 blocks to the shops and restaurants of vibrant Upper King Street. Whether you want to enjoy the famed Charleston Farmers Market, the area's multiple museums and galleries, or have drinks on the rooftop of the Dewberry, it is all within a few blocks. The ground floor unit features a central foyer, two spacious bedrooms, a full bath and laundry. The sizable living room overlooks Chapel Street. The kitchen features an exposed brick fireplace, wood beamed ceiling, stainless steel appliances and granite countertops. The upper unit is the larger of the two, occupying the second and third floors. Accessed from the expansive covered piazza, the unit offers high ceilings and tons of natural light throughout. The spacious eat-in kitchen and family room combination features an exposed brick fireplace, stainless steel appliances, granite countertops, and tons of storage space. The large living room is perfect for entertaining and there is a full bath under the staircase. The large, light-filled primary suite, located on the second floor, features an en-suite bathroom with gorgeous cast iron claw foot tub. The third floor has another living room, two guest bedrooms, and a full bath. The units are separately metered.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.540% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,697 | $10,219 | $13,793 |
Total Monthly Payment | $9,822 | $10,344 | $13,918 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.