$900,000.00 48 Pitt

Agent's Comments

We have multiple offers & are accepting highest & best by 12/22 at 8pm. Perfect Location & a Well-Priced,Investment Opportunity! This Charleston single, located right by the College of Charleston, rents immediately anytime there is a vacancy. Currently the property generates $53,400 a year in rent ($4,450 a month), which could be increased w/ some small upgrades. The current tenants' lease runs through May 31, 2024 and they are interested in renewing. The house has 4 bedrooms and 3.5 baths (although the current tenants are using the living room as an additional 5th bedroom). It is a classic Charleston single house with long double piazzas. There is also a screen porch off the kitchen and a deep backyard that is fenced on 3 sides. The garage/shed in the yard provides additional storageThere is parking in the driveway for 2 cars and 2 tenants are also eligible to purchase city parking permits. The tax records show the house as having been built in the 1870's, but the Avery Research Center has found records showing homeowners living there in the 1860 census. The house retains much of its historic detail including 4 fireplaces (non-working) hardwood floors and tall smooth ceilings with picture railings. Happily the plumbing and electrical systems were updated in the 1990s. There are 2 HVAC systems (2008 and 2019) and the hot water heater was replaced in 2014. Some of the tenants, who prefer to keep their bedrooms extra cool, have installed window AC units which can be removed. The property has been well maintained, but is being sold AS IS as the owners have relocated.