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Historic Downtown Charleston 1890 Duplex in the Wraggsborough neighborhood. Excellent location with incredible walkability to parks, restaurants (fine dining or casual), bars, and shopping! An easy walk or bike ride to the College of Charleston, MUSC, The Aquarium, Marion Square, King St, and Charleston Market. This property currently has 6 bedrooms and 5 full bathrooms. Parking for 3 cars in the driveway, and street parking is easy and available on the wide Alexander St. The homeowner has an extensive list of renovations and improvements, to including an addition with a new 12 X 8 bathroom in the ADU, removal of shower under the stairs making a 1/2 bath, addition of a new bathroom in the main house, 2 new tankless hot water heaters, new HVAC, new siding, metal roof repaired and sealed, all new windows with one exception in the ADU, new huge deck off the ADU, fresh landscaping and walkway design with new pavers, landscape lighting, an enclosure around the HVAC units, a renovated front porch, ADU kitchen repairs, new toilets, vanities, and faucets, tile almost everywhere, refrigerator, addition of a wall between the house and neighbors, and a new exterior paint job. The plans for the new Union Pier development are being finalized, within walking distance. Great location to own an investment property. The main house could easily be used as a primary residence while renting out the back for income. Great buy!!!
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Our Executive Mortgage Banker:
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$1,725,000
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
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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 | $1,380,000 | $1,380,000 | $1,380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,053 | $8,274 | $11,645 |
| Total Monthly Payment | $8,178 | $8,399 | $11,770 |
* 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.