68 Lee Street, #A & B, Charleston, SC, 29403 | $1,095,000

Downtown Charleston Duplex - Turnkey Rental Investment. This fully renovated duplex, nearing completion, presents a compelling opportunity for investors looking to enter or expand in the thriving Charleston rental market. Located in the historic Cannonborough-Elliotborough neighborhood--just off Meeting St and East Bay St--this 2-unit property offers versatility and strong income potential in a rapidly developing corridor of downtown. The duplex totals 1, 461 square feet. The ground-floor Unit A features 2 bedrooms, 1 bathroom, a full kitchen, and laundry area--ideal for stable long-term rental. Unit B spans the second and third floors and includes 3 bedrooms, 1. 5 bathrooms, a living room, kitchen, and a spacious flex loft that functions well as a third bedroom or home office. This location is in high demand, just minutes from major institutions including the College of Charleston, MUSC, The Citadel, and Charleston School of Law. It's also walking distance to the newly updated MLK Jr. Park and Pool featuring pickleball and basketball courtsan added amenity for tenants. One off-street parking space is included, and Charleston International Airport is just 10 miles away. With a scheduled completion date of May 1, this is a turn key income producing property in a market with rising rents and limited inventory. Whether you're targeting student housing, or long-term rental yields, this downtown duplex checks all the boxes for location, design, and long-term upside. New photos coming soon

Features

  • Bedrooms: 5
  • Units: 2
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Development: 52 - Peninsula Charleston Outside of Crosstown
  • Year Built: 1920
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,461
  • Acreage: 0.03
  • Elem. School: Sanders Clyde
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 25011072
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/25011072/68leestreet_charleston_sc?source=qrflyer
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Listing courtesy of Coldwell Banker Comm/Atlantic Int'l

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68 Lee Street, #A & B, Charleston, SC, 29403

$1,095,000

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 $876,000 $876,000 $876,000
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% 6.560%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,323 $5,609 $7,571
Total Monthly Payment $5,448 $5,734 $7,696

* 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.