118 President Street, Charleston, SC 29403
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118 President Street, Charleston, SC 29403

$2,500,000

STATUS: For Sale MLS #: 24012246 Days on Market: 203
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6-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
1002 King Street
8437203085
Public
6-12 SPED

6-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8437247789
Public
6-8 SPED

9-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8435794815
Public
9-12 SPED

K-12 Schools in 29403

Name
Address
Phone
Type
Grade
227 Huger Street
843-567-5911
Private
K-12

K-3 SPED Schools in 29403

Name
Address
Phone
Type
Grade
34 Race Street
8434109765
Public
K-3 SPED

PK-5 SPED Schools in 29403

Name
Address
Phone
Type
Grade
382 Meeting Street
8437202967
Public
PK-5 SPED
2 Perry Street
8437247261
Public
PK-5 SPED
805 Morrison Drive
8437247783
Public
PK-5 SPED

PK-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
233 Line Street
8437222689
Public
PK-8 SPED
741 King Street
8437247763
Public
PK-8 SPED

Located in Downtown Charleston, 118 President Street emerges as a fully licensed and operational short-term rental haven. This distinctive property showcases two separate units, designated as Unit A and Unit B, each boasting a comfortable layout featuring three bedrooms and three full bathrooms. Complementing its residential allure, the property offers the convenience of six off-street parking spaces, addressing a premium need in city living. A selection of furnishings is included, ensuring a seamless transition for its new proprietors. All six bathrooms across the premises have been exquisitely renovated in January 2023, promising modern design. 118 President Street represents a unique opportunity, ideal for investors seeking a turn-key solution in a sought-after location.

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Listing Provided by Agent Group Realty Charleston
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Address: 118 President Street
City: Charleston
State: SC
Zip: 29403
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24012246
List Price: $2,500,000
Bedrooms: 6
Full Baths: 0
Half Baths: N/A
Total Square Feet: 28742
Elementary School: James Simons
Middle School: Simmons Pinckney
High School: Burke
Subdivision: City of Charleston
Home Style:
Year Built: 1852
Days On Market: 203
Lot Size: 0.1000 acres
Outdoor & Yard Description:
Ceiling Fan(s)
Charleston Water Service
Dominion Energy

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