73 Pitt Street A,B,C,D, Charleston, SC 29403 (MLS# 21027190)

$2,549,000

73 Pitt Street A,B,C,D
Charleston, SC 29403
MLS# 21027190
Status: Closed
5144 sqft

1 / 70

Property Description
The William Waller House, circa 1840, is situated on a large .23 acre lot located in the heart of Radcliffeborough and just steps from Upper/Central King St., Marion Square, the College of Charleston, and MUSC. The property features 4 units, and 12 bedrooms 10 full and 2 half baths, . Current gross annual income is $14,400/month ($172,800 annually) making it ideal for use as a primary residence or as an investment property. The large lot can easily accommodate 10+ off-street parking spaces. All of the units were renovated extensively in 2019-20 with updated electrical, plumbing, HVAC, lighting, and all new kitchens and baths.

Details

Contract Info

MLS List Date: 2021-10-07

Status: Closed

List Price: $2,549,000

Current Price: $2,549,000

Primary Structure List Price/SqFt: 495.53

Location Tax Legal

Tax Map #: 4601603066

Street #: 73

Street Name: Pitt

Street Suffix: Street

County: Charleston

State: SC

Zip Code: 29403

Area: 51 - Peninsula Charleston Inside of Crosstown

Tax District: 71 - City of Charleston

Subdivision: Radcliffeborough

Elementary School: Memminger

Middle School: Simmons Pinckney

High School: Burke

Directions: Take Calhoun St. West past King St. Turn right onto Pitt St, and the house is on your left before Vanderhorst St.

General Property Info

Number of Units: 4

# Stories: 3

Total Apx SqFt: 5144

Year Built: 1840

Acreage: 0.23

Potential Short Sale: No

Income Expenses Fees

Annual Expenses: 37199

Status Change Info

Sold Date: 2022-07-15

Sold Price/SqFt: 495.53

New Mortgage Type: Conventional

Unit 1

SqFt: 2964

Bedrooms: 5

Baths: 5.5

Unit 2

SqFt: 900

Bedrooms: 3

Baths: 3.5

Unit 3

SqFt: 640

Bedrooms: 2

Baths: 1

Unit 4

SqFt: 640

Bedrooms: 2

Baths: 1

Property Features

SqFt Source: Hired Measurement

Roof: Architectural; Slate

Exterior: Wood Siding

Foundation: Crawl Space

Driveway: Gravel

Architectural Style: Quadplex

Cooling: Central Air

Heat: Heat Pump

Amenities: Cable TV; Trash

Tenant Pays: All Utilities

Proposed Financing: Cash; Conventional Loan

Possession: Tenants Rights

Utility Suppliers: Charleston Water Service; Dominion Energy

Supplements

The stunning main house (Unit A) features 5 bedrooms/5.5 baths and approximately 3,000 sq.ft. making it ideal for use as a primary residence while allowing the flexibility of continuing to lease Units B, C, and D at $7,900/month (increasing to $8,150/month). Believed to have been constructed by Richard Holloway, this grand structure has been preserved with original plaster moldings, wide plank heart pine floors, 11 foot + ceilings, grand double piazzas, wrought iron gates, and original marble mantles/surrounds on two of the four fireplaces. The property has a current lease in place at $6,500/month, which is increasing to $6,600/month in August. Unit B has approximately 900 sq.ft. with 3 bedrooms/3.5 baths and a lease currently in place at $3,500/month (increasing to $3,600/month). This stunning unit features updated plumbing, electrical, and HVAC along with reclaimed hardwood floors, beautifully finished bathrooms, and a well appointed kitchen featuring new countertops, cabinets, appliances, and lighting/plumbing fixtures. Units C & D are approximately 640 sq.ft. each with 2 bedrooms/1 bath. Both units are leased at $2,200/month (increasing to $2,250 & $2,300/month) and features updated kitchens/baths, new HVAC units, refinished original hardwood floors, and updated lighting throughout. There are 10+ off street spaces on-site and each individual unit is eligible to apply for 2 on-street parking decals through the City of Charleston. Additional income/expense information available by request.

Listing Office: The Boulevard Company

Last Updated: July - 16 - 2022

73 Pitt Street A,B,C,D, Charleston, SC 29403 - MLS# 21027190

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