$1,050,000 | 6 beds | N/A full baths | N/A half baths | 2,300 sqft

$980,000
380 Sumter Street
Charleston, SC 29403
  • 6Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 2,300SqFt
  • 1930Year Built
  • 0.08Acres
  • MLS# 23019212
  • Multi Family
  • Sold

  • Approx Time on Market3 months, 4 days
  • AreaHistoric Charleston - Upper Peninsula
  • CountyCharleston
  • SubdivisionWestside

Overview

Situated in Charleston's desirable West Side neighborhood on a quiet residential street is 380 Sumter, a historic and deceptively spacious four-unit property comprising two separate historic houses with two units each. The front cottage features a welcoming front porch overlooking the front garden with a brick border fence that was constructed by longtime resident Mary Wigg in 1945. Apartment A in the front cottage, which was constructed circa 1930, boasts a spacious sitting room featuring original heart pine floors, shiplap paneled millwork and a large picture window overlooking the sunny front garden, plus a custom kitchen, laundry closet, and a large bedroom and bathroom with wainscot paneling and traditional five panel Arts and Crafts style doors. Also in the front cottage andaccessed by a separate rear entrance, unit B is a spacious house unto itself, with a full kitchen with stone-topped island and new appliances and cabinetry, a living room with shiplap paneling, a full bathroom, laundry room, and two well-lit bedrooms with wainscot paneling and generous closet space.The rear cottage was constructed circa 1935 and is much more spacious than modern Accessory Dwelling Unit zoning would allow on a residential lot, making 380 Sumter Street an ideal income generating property that also boasts historic character. The cottage has board and batten Craftsman siding, new low-maintenance windows, and a deck space that provides outdoor seating between the two houses. Unit C has a beautiful living room with high ceilings, original oak floors, and exposed historic rafters, and a brick fireplace; a full kitchen with washer and dryer; and full bedroom and a large bathroom. Unit D has an open floor plan kitchen and living room with a large island, full bathroom, primary bedroom with ensuite bathroom, and a second room that makes the ideal guest bedroom or home office. Leases renewed for 2024. income apartment A $1600 lease expires 08/31/2024 apartment B $2150.00 with 90 day kick out clause lease exp 07/31/2024 apartment C $1350.00 lease expires 07/31/2024 apartment D $1475.00 lease expires 03/31/2024 expenses property insurance $4,850 property tax $5,096.00 Utilities $2,518.00 Repairs $3,044.00 Landscaping 720.00 Pest $500.00


Sale Info

Listing Date: 08-22-2023

Sold Date: 11-27-2023

Aprox Days on Market: 
    3 month(s), 4 day(s)

Listing Sold: 
    5 month(s), 8 day(s) ago

Original Asking Price: $1,075,000

Asking Price: $1,050,000

Selling Price: $980,000

Price Difference From Original: 
Reduced By $95,000

Price Difference From Asking: 
Reduced By $70,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1930

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Lot Info

Lot Size:  0.08

Lot Size Units:  Acres

Acres:  0.08

Lot Sqft:  3484.8

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  1

Foundation:  Crawl Space

New Construction:  No

Roof:  Architectural

Property Subtype:  None

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Quadruplex

Room Info

Beds:  6

Sale / Lease Info

Sold Date:  2023-11-27T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  450

Unit Sqft:  690

Unit Sqft:  700

Unit Sqft:  460

Sqft:  2300

Unit Info

Number of Units Total:  4

Unit Bedrooms:  1

Unit Bedrooms:  2

Unit Bedrooms:  1

Unit Bedrooms:  2

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Simons

Middle:  Simmons Pinckney

High:  Burke

Directions

King St To Sumter St

Courtesy of listing office Tift Properties 

Mortgage Calculator

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Price & Status History (on kennedyrealty.com since Tue, Aug 22nd 2023)
  • Original Price: $1,075,000
  • Current Price: $1,050,000
  • Price Reduced: $25,000
Date ChangedFromTo
11/27/2023$980,000 $1,050,000 Increase by $70,000
11/27/2023Active ContingentSold
09/05/2023ActiveActive Contingent
09/01/2023$1,075,000 $1,050,000 Reduced by $25,000

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-05-2024 10:02 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-05-2024 10:02 AM EST est.

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