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**Parcel #457-03-01-053 to be sold with property. It is a vacant lot that currently has 15 parking spots totaling to 19 for both parcels. The property currently brings in $133, 800. 00 annually, but could be much higher with a little upgrading. **Introducing a truly unique and luxurious quadplex multi-unit property in the highly sought-after downtown Charleston, South Carolina! This exceptional property includes an additional vacant lot, currently utilized as parking spaces, boasting a total of 19 parking spots - a rare find in this bustling city. Nestled on a corner lot, the quadplex exudes charm and sophistication from the moment you set eyes on it. The meticulously maintained landscaping and inviting front porches add to the curb appeal, making it a standout property in the area. Ideal for investors or those looking for a prime rental opportunity, the quadplex features a total of four units. Two of the units offer a spacious layout with three bedrooms and three bathrooms, spanning two stories for maximum comfort and privacy. The remaining two units feature two bedrooms and two bathrooms, all on one level for convenience. Each unit is thoughtfully designed with great finishes, including hardwood cabinetry, stainless steel appliances, and gleaming hardwood flooring. The neutral color palette creates a sophisticated and timeless aesthetic, while each bedroom boasts its own private bathroom for added luxury. Convenience is key with a dedicated laundry area in each unit, complete with a stackable washer/dryer for ultimate ease. Each unit has central HVAC for those hot summer days! The expansive porches provide the perfect setting for enjoying the Charleston breeze and soaking in the vibrant surroundings. Located within walking distance to the prestigious MUSC hospital, this property offers a prime location for tenants seeking proximity to amenities and attractions. With easy access to the Battery, King Street shopping, and an array of dining options, this quadplex presents an unparalleled opportunity for discerning buyers. Don't miss out on the chance to own this exceptional quadplex multi-unit property in downtown Charleston - a true gem that rarely comes to market. Seize this opportunity to invest in luxury living in one of the nation's most beloved cities before it's too late!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,799,800 | $2,799,800 | $2,799,800 |
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 | $17,012 | $17,927 | $24,197 |
Total Monthly Payment | $17,137 | $18,052 | $24,322 |
* 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.