720 Rutledge Avenue, Charleston, SC, 29403 | $2,223,000

Serious Inquires Only. Welcome to 720 Rutledge Ave, a charming historic property located in the heart of Charleston, SC. Built in 1910, this multi family home boasts classic Southern architecture and timeless appeal. This two-story residence offers a total of 5 bedrooms, 4 1/2 bathrooms, and a spacious finished area of 4, 021 sq. ft. , providing ample space for comfortable living. This property has 4 individual units that have already proven to create cash flow. Situated on a generous lot size of 6, 534 sq. ft. , this property offers plenty of outdoor space for relaxing and entertaining. The exterior features a traditional design with a welcoming front porch and lush landscaping, creating a picture-perfect setting. The property is conveniently located within walking distance to local shops, restaurants, and parks, making it an ideal location for those seeking a vibrant urban lifestyle. Upon entering the home, you are greeted by a warm and inviting interior with original hardwood floors, high ceilings, and an abundance of natural light. The main level includes a spacious living room, a formal dining area, and a well appointed kitchen. The second level features a 1 bedrooms and 2 bedroom Apartment two providing plenty of space for family and guests or rentals. Additional highlights of this property include a detached garage, off-street parking, and a private backyard oasis perfect for outdoor gatherings. Whether you're looking for a primary residence or an investment opportunity, this property offers endless possibilities for customization and personalization. Don't miss your chance to own a piece of Charleston history at 720 Rutledge Ave. This property combines classic charm with modern amenities, creating the perfect blend of comfort and style. Schedule a showing today and experience the allure of this historic gem in the heart of Charleston.

Features

  • Units: 4
  • Development: 52 - Peninsula Charleston Outside of Crosstown
  • Year Built: 1910
  • Approx Sq. Feet: 4,321
  • Acreage: 0.15
  • Elem. School: James Simons
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 25010035
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/25010035/720rutledgeavenue_charleston_sc?source=qrflyer
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Listing courtesy of iSave Realty

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720 Rutledge Avenue, Charleston, SC, 29403

$2,223,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,778,400 $1,778,400 $1,778,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.813% 6.739% 6.581%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,950 $11,387 $15,370
Total Monthly Payment $11,075 $11,512 $15,495

* 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.