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Located in the heart of Hampton Park Terrace, one of Charleston's most beloved historic neighborhoods, 518 Huger Street presents a rare opportunity to reimagine a circa-1912 home just steps from Hampton Park. The federally designated Hampton Park Terrace Historic District is recognized by the National Park Service, and 518 Huger Street is considered a contributing structure within the district, adding to the neighborhood's rich architectural and historical character. Located on a corner lot with double front porches, this property offers approximately 3, 200 square feet in the main residence, featuring 5 bedrooms and 2 bathrooms, along with a detached garage and an attached rear in-law suite complete with its own kitchen and full bath. The home's exterior and structural components have been exceptionally maintained, providing a solid foundation for the next chapter. Inside, the residence is ready for renovation, offering the chance to thoughtfully update the kitchens, baths, and systems while preserving the architectural character and craftsmanship that define Hampton Park Terrace. As a contributing structure within a designated historic district, qualifying rehabilitation work may make future owners eligible for historic preservation tax incentives, subject to program requirements and approval. The attached in-law suite adds flexibility for guests, extended family, a home office, creative studio, or potential income-producing use in accordance with local regulations. Surrounded by tree-lined streets, historic architecture, and the vibrant community that make Hampton Park Terrace so desirable, 518 Huger Street is an exceptional opportunity to create something truly special in one of Charleston's most sought-after neighborhoods. More pictures coming soon Apartment of 738 sq ft is added to total of homes square foot
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.110% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,465 | $9,593 | $13,502 |
| Total Monthly Payment | $9,590 | $9,718 | $13,627 |
* 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.