Viewing Listing MLS# 19011069

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Eastside - Charleston, SC Real Estate | Charleston - Multi Family Property

$525,000 | 6 beds | N/A full baths | N/A half baths | 1,961 sqft

$465,000
117 Drake Street UNIT A & B & C
Charleston, SC 29403
  • 6Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,961SqFt
  • 1890Year Built
  • 0.07Acres
  • MLS# 19011069
  • Multi Family
  • Sold

  • Approx Time on Market3 months, 9 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision Eastside

Overview

Don't miss your opportunity live in Downtown Charleston and have two other units help pay your mortgage. The location is great - across the street from the Cigar Factory, a few steps away from Trident Tech and a short walk to upper Meeting and King Street. Also get exercise by walking the Bridge which is literally steps away. Be on the cusp of owning property where new development is planned on the vacant land where the old Cooper River bridges came through town. This area will be filled with housing, shopping and commercial space. Revitalization is happening in all directions. This historic triplex is in good shape and fully rented at present. Unit A - 3 bedroom/1 bath - $1500, Unit B - 2 bedroom / 1 bath - $950 and Unit C - 1 bedroom / 1 bath - $900. Rents could be more, owner has notraised rent in a while. Beautiful antique heart of pine flooring in the front house in unit A&B. Both Unit A&B have stack washer/dryer, refrigerator, gas range dishwasher and microwave. Unit C has Refrigerator, gas range and microwave. The entire property was renovated in 2006 including all new HVAC and ductwork. The rear unit was upgraded again several years ago. There is room for 2-3 cars in the driveway. Each unit is separately metered - tenants pay their own utilities.



Sale Info

Listing Date: 04-16-2019

Sold Date: 07-26-2019

Aprox Days on Market: 
    3 month(s), 9 day(s)

Listing Sold: 
   6 Year(s), 1 day(s) ago

Original Asking Price: $525,000

Asking Price: $525,000

Selling Price: $465,000

Price Difference From Original: 
Reduced By $60,000

Price Difference From Asking: 
Reduced By $60,000

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1890

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.07

Lot Size Units:  Acres

Acres:  0.07

Lot Sqft:  3049.2

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  2

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Triplex

Room Info

Beds:  6

Sale / Lease Info

Sold Date:  2019-07-26T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Sqft:  1961

Unit Info

Number of Units Total:  3

Unit:  A & B & C

Unit Bedrooms:  1

Unit Bedrooms:  2

Unit Bedrooms:  3

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, SCE & G

Heating:  Yes

Heat:  Forced Air

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Fraser

Middle:  Courtenay

High:  Burke

Directions

East Bay St To Columbus Street. Right On Drake. Cross Over Blake And Property Is On The Left Across From The Brick Smoke Stacks.

Courtesy of listing office Carriage Properties LLC 

Mortgage Calculator

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On heatherlord.com since Tue, Apr 16th 2019
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Boulevard Company are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 07-27-2025 9:00 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 07-27-2025 9:00 AM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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