515 Rutledge Ave, Charleston, SC 29403
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515 Rutledge Ave, Charleston, SC 29403
515 Rutledge Ave, Charleston, SC 29403
515 Rutledge Ave, Charleston, SC 29403
515 Rutledge Ave, Charleston, SC 29403
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Ashley E Melton

Ashley E Melton

+1(843) 670-2333
Listed by   Agent Group Realty Charleston
$ 1,799,000
Est. payment /mo
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Active Contingent

515 Rutledge Ave Charleston, SC 29403

8 Beds

3,024 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Contingent

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $594

Subdivision Westside

MLS Listing ID 25031124

Bedrooms 8

HOA Y/N No

Year Built 1930

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.

Location

State SC

County Charleston

Area 52 - Peninsula Charleston Outside Of Crosstown

Interior

Cooling Other

Exterior

Community Features Laundry

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Asphalt

Building

Dwelling Type Duplex

Story 2

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools James Simons

Middle Schools Simmons Pinckney

High Schools Burke

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Nearby School & Business

Ashley E Melton

Ashley E Melton

Realtor® | License ID: 49100

+1(843) 670-2333

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