|
77 Pitt Street is a historic 1800's, three-unit home located in downtown Charleston in the heart of Radcliffeborough. Located just steps to the College of Charleston, MUSC, King Street and Marion Square, this location cannot be beat and is ideal for student and young professional living. Limitless opportunities. The property features 3 unique units, each with its own layout and access to one of the home's original double piazzas. Large windows flood every room with natural light, highlighting the preserved character throughout. Original hardwood floors, fireplaces, crown and shoe molding, clawfoot tubs, and intricate trim details bring timeless appeal. Split French doors, exposed beams, and brick accents add a touch of upscale character, blending historic charm with distinctive style. Unit A offers 5 bedrooms and 2 full bathrooms (rented at $6600/month). Unit C offers 4 bedrooms and 2 full bathrooms (rented at $5400/month + $500/month for utilities). Unit D offers 1 bedroom and 1 full bathroom (rented at $2200/month + $250/month for utilities). Unit D was updated to include new tile on bathroom floor, new vanity and mirror, new interior lighting + fans, upgrades to HVAC to remove an old window unit, new kitchen cabinets, sink, and faucet, and paint throughout. Notable exterior updates: - Partial roof repairs - Wood rot repaired from siding and facia/soffits - Exterior was painted with new shutters and hardware - New outdoor lighting and landscaping - Installed pest barrier/screens throughout entire crawl space - Repaired fallen ducts and leaks under the house Although this property is in walking distance to everything downtown has to offer, it includes ample off street parking (enough for 6-7 vehicles), which is rare in this location. Currently, the parking spaces are offered for free to the tenants, but there is a value add opportunity with future rental rates by renting the parking spaces individually from the tenants. Don't miss out on this amazing investment property in the heart of Charleston!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,160,000 | $2,160,000 | $2,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.247% | 6.117% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,605 | $13,124 | $18,082 |
| Total Monthly Payment | $12,730 | $13,249 | $18,207 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.