$1,499,000
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Beautifully renovated duplex located in the highly desirable Wagener Terrace neighborhood. 207 W Poplar offers an excellent investment opportunity, whether you're looking to live in one unit and Short Term Rent the other (legally permitted by the city of Charleston as a category 2 rental), or rent both for maximum income potential. Potential Gross rental income of $11,000 - $6,500 for Unit A + $4,500 for Unit B). With a total of 2,456 SF, Unit A offers 4 bedrooms & 2 bathrooms, while Unit B features 3 bedrooms and 2 bathrooms.Upon entering Unit A, you're welcomed by refreshed landscaping and a charming repainted front porch. Inside, a long hallway leads to all four spacious bedrooms and updated two bathrooms with new light fixtures, plumbing fixtures, and exhaust fans. Toward the back of the home, you'll find a fully updated kitchen, complete with granite countertops, bright white cabinets, new hardware and brand-new stainless steel appliances. The kitchen opens into an open-concept living and dining area perfect for entertaining. From the living area, step out onto the backyard to enjoy the brand-new deck, where you can enjoy the Charleston weather year round. Unit A also features brand-new luxury vinyl plank (LVP) flooring throughout as well as freshly painted walls, trim and ceilings. Access Unit B via the private back staircase, which leads to a cozy landing perfect for outdoor seating. Inside, you enter into the dining area, adjacent to a beautifully updated kitchen that mirrors the modern finishes of Unit A, including granite countertops, white cabinetry, and new appliances. Off the dining room, newly installed French doors lead to a welcoming living space which could also be used as an office or 4th bedroom. This unit features three spacious bedrooms and two updated bathrooms. Unit B is fully repainted and has retained its original hardwood floors, which have been lovingly refinished to preserve the home's character while offering a modern touch. Additional updates include the fully encapsulated crawlspace with sump pump, new washer and dryers in both units, new entry and exit doors and hardware for both units, all new interior doors in unit A, new ceiling fans and new blinds. Additionally the home features tankless hot water heaters and 2022 HVAC systems. The lot features a long driveway for up to four cars as well as a spacious storage shed. This property is conveniently located in Wagener Terrace, walkable to Hampton Park, local restaurants and shops or just a quick golf cart ride down the Peninsula to the heart of Historic Downtown Charleston. Whether you're looking to invest or settle into one of Charleston's most sought-after neighborhoods, 207 W Poplar is an excellent turn-key investment opportunity!
About Me
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:Â
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)
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