68 Lee St - Apartments FOR SALE


Charleston, SC 29403- East Central
$945,000 USD
310-699-2765
68 Lee St, Charleston, SC for Sale
$945,000 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

68 Lee St
Charleston, SC 29403
East Central


OVERVIEW

Sale: Reduced to Sell Downtown Charleston Duplex -Turnkey Rental Investment. This fully renovated in 2024 Duplex presents a compelling opportunity for investors looking to enter or expand in the thriving Charleston rental income market. Located in the historic Cannonborough-Elliotborough neighborhood—just off Meeting St and East Bay St—this 2-unit property offers versatility & strong income in a rapidly developing corridor of downtown. The duplex totals 1,461 square feet. The ground-floor Unit B is leased for $2500. featuring 2 bedrooms, 1 bathroom, a full kitchen, and laundry area ideal for long-term rental. Unit A spans the second and third floors and includes 3 bedrooms, 1.5 bathrooms, a living room, kitchen, and a spacious flex loft that functions well as a third bedroom or home office. Unit A is for lease for $2795. and Unit B is leased for $2500. This location is in high demand, just minutes from major institutions including the College of Charleston, MUSC, Ropers Hospital, The Citadel, and Charleston School of Law. It's also walking distance to the newly updated MLK Jr. Park and Pool featuring pickleball and basketball courts for a added amenity for tenants. One off-street parking space is included, and Charleston International Airport is just 10 miles away. This completed remodeled in 2024 duplex is a turnkey income producing property in a market with rising rents and limited inventory. Whether you're targeting student housing, or long-term rental yields, this downtown duplex checks all the boxes for location, design, and long-term upside. Lease: This location is in high demand, just minutes from major institutions including the College of Charleston, MUSC, The Citadel, and Charleston School of Law. It's also walking distance to the newly updated MLK Jr. Park and Pool featuring pickleball and basketball courts an added amenity for tenants. One off-street parking space is included, and Charleston International Airport is just 10 miles away.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$647 USD /SF

# OF UNITS

2

PRICE/UNIT

$472,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily | 2 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

DR-2

APN/PARCEL ID

459-05-01-085

ASK ABOUT THIS PROPERTY

Kristen KrauseColdwell Banker Commercial AtlanticMore Info
310-699-2765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kristen KrauseColdwell Banker Commercial AtlanticMore Info
310-699-2765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.