49 Pitt Street

Multi-Family for Sale
Catylist Listing ID: 29996226
Property Subtypes: Student Housing
Number of Units: 7 Units
Building Size (RSF): 8,333 SF
Gross Building Area: See Agent
Sale Price: $3,285,000
Unit Price: $469,285.71 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.7%
Last Updated: 1/3/2017

Overview / Comments

This is a fully leased, 7 unit apartment complex located on Pitt Street , just below Calhoun and across from the CofC Library. Excellent rental history. All units are 3 bedrooms, with LR, DR and kitchen. Each unit has a large utility closet with a washer and dryer and a large fenced patio, plus off street parking. Brick and wood exterior. Gross income for 2016 = $ 232,000 +/-

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 457-03-02-021
Percent Occupied: 100%
Year Built: 1981


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,989 59,201 136,436
Median Age: 28.85 34.5 36.62
Households: 9,236 25,034 57,232
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