87 Columbus Street, Charleston, SC 29403
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87 Columbus Street, Charleston, SC 29403

$850,000

MLS #: 23028148 Days on Market: 142
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06 - 12 Schools in 29403

Name
Address
Phone
Type
Grade
1002 King StreetCharleston, SC 29403
(843) 720-3085
Public
06 - 12

07 - 12 Schools in 29403

Name
Address
Phone
Type
Grade
244 President StreetCharleston, SC 29403
(843) 579-4815
Public
07 - 12

5 - 8 Schools in 29403

Name
Address
Phone
Type
Grade
227 Huger StCharleston, SC 29403
(843) 530-6215
Private
5 - 8

KG - 08 Schools in 29403

Name
Address
Phone
Type
Grade
30 Race StreetCharleston, SC 29403
(843) 203-3891
Public
KG - 08

PK - 06 Schools in 29403

Name
Address
Phone
Type
Grade
382 Meeting StreetCharleston, SC 29403
(843) 720-2967
Public
PK - 06
741 King StreetCharleston, SC 29403
(843) 724-7763
Public
PK - 06
2 Perry StreetCharleston, SC 29403
(843) 724-7261
Public
PK - 06

PK - 08 Schools in 29403

Name
Address
Phone
Type
Grade
233 Line StreetCharleston, SC 29403
(843) 722-2689
Public
PK - 08
805 Morrison DriveCharleston, SC 29403
(843) 724-7783
Public
PK - 08

PK - 12 Schools in 29403

Name
Address
Phone
Type
Grade
172 Rutledge AveCharleston, SC 29403
(843) 722-4088
Private
PK - 12

This two-story duplex sits at the core of the Eastside neighborhood with amazing supplemental income potential. Renovated in 2018, this property offers a new metal roof, two new water heaters, brand new exterior paint, and all new ductwork throughout the house.The duplex features two separate access points for each unit including a private staircase in the rear of the property. The upper floor comprises three bedrooms, a private bath, a fully equipped kitchen, a living room, a laundry area, and its own piazza. On the lower level, the unit offers two large bedrooms, a private full bath, kitchen, dining area, laundry facilities, a living room, and a private piazza.The property's sizable lot provides rare off-street parking for three or more vehicles and the property is surrounded by a privacy fence. Additionally, the units have separate utility services ensuring a true duplex experience. Positioned within walking or biking distance are Trident Tech, Charleston School of Law, College of Charleston, and the bustling hospital district encompassing VA, MUSC, Roper, and other as well as the State Ports. This location serves as a hub for both education and employment, catering to tens of thousands of residents, many of whom are renters. Additionally, the property stands near the historic downtown area and the newly popular pedestrian pathway on the Ravenel Bridge to Mount Pleasant, along with being a stone's throw away from a prominent city park. Both units are currently leased through the end of July 2024. Unit A currently rents for $1,900/month and Unit B is rented for $2,500/month. These rental rents were established in 2019 and have not changed since! Hurry and book your showing today this amazing opportunity won't last long!

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Listing Provided by Three Real Estate LLC
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Address: 87 Columbus 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: 23028148
List Price: $850,000
Bedrooms: 5
Full Baths: 2
Half Baths: N/A
Total Square Feet: 22522
Elementary School: Sanders Clyde
Middle School: Simmons Pinckney
High School: Burke
Subdivision: Eastside
Home Style:
Year Built: 1852
Days On Market: 142
Lot Size: acres
Outdoor & Yard Description:
0 - .5 Acre
Ceramic Tile
Wood
Trash
Traditional
Level
Bus Line

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