94 Morris St - Multi-Family FOR SALE


Charleston, SC 29403- Cannonborough-Elliottborough
$2,350,000 USD
843-955-9896
94 Morris St, Charleston, SC for Sale
$2,350,000 USD
Multi-Family - FOR SALE
1/6
null | 6.03% Cap Rate


HIGHLIGHTS

  • Potential to enclose back porch and add a bedroom
  • 10 on site parking spots, income producing potential
  • Fully leased through July 2026

OVERVIEW

94 Morris Street is a rare four-unit investment opportunity in downtown Charleston, just one block from MUSC and three blocks from the College of Charleston. Fully leased through July 2026, it offers investors immediate stability and consistent demand from students, medical professionals, and young professionals. The property features 10 bedrooms and 5 bathrooms across four units, with an uncommon downtown amenity: on-site parking for 10 vehicles. One unit also includes an enclosed porch that could be converted into an additional bedroom, creating future value. With King Street dining, shopping, and entertainment just steps away, this is a turnkey investment in one of Charleston's most desirable neighborhoods. Beyond its prime location and stable leases, this property showcases excellent management and strong rental history. The surrounding neighborhood blends historic charm with modern convenience, making it especially attractive for long-term tenants. Investors will appreciate the low-maintenance condition and value-add potential, whether through reconfiguration of existing space or maximizing parking income. Opportunities like this rarely become available in Charleston's downtown market94 Morris Street delivers both immediate returns and room for future growth.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$618 USD /SF

# OF UNITS

4

PRICE/UNIT

$587,500

CAP RATE

6.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

94 Morris St A, B, C, D

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1852

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,646 SF

ZONING

DR2

APN/PARCEL ID

460-15-02-034

ASK ABOUT THIS PROPERTY

Melissa Ben-HuttaOn The Coast RealtyMore Info
843-955-9896

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Melissa Ben-HuttaOn The Coast RealtyMore Info
843-955-9896

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