Rental Income

515 Rutledge Avenue, Charleston

$1,799,000

Bedroom 8 bedrooms

  • MLS #: 25031124
  • Address: 515 Rutledge Avenue, Charleston, SC 29403
  • City: Charleston
  • County: Charleston
  • Status: Active Contingent
  • Subdivision: Westside
  • Data Source: Charleston Trident MLS (CTARMLS)
  • Listing Office: Agent Group Realty Charleston

Property Description Property Description
Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.

Interior Features Interior Features
  • Cool System: Other

Exterior Features Exterior Features
  • Roof: Asphalt

Additional Features Additional Features
  • County: Charleston
  • Water/Sewer: Public Sewer
  • Stories: 2
  • Year Built: 1930
  • Elementary School: James Simons
  • Middle Or Junior School: Simmons Pinckney
  • High School: Burke

Location Location