$1,399,000.00 53 Drake

Agent's Comments

***Ask about the possibility of receiving 1% reduction in interest rate and free refi.*** Introducing an exceptional potential investment opportunity in the heart of downtown Charleston, this multi-family residence presents a great prospect for savvy investors. Comprising four well-maintained 2-bedroom, 1-bathroom units, this property is currently fully leased through July 2024.Three of the units, each fetching an impressive $2,030 per month, provide a solid foundation for the current annual gross income of $95,000. The remaining unit commands a rental rate of $1,830 per month.This property boasts recent renovations including a new roof, updated siding, and a fresh exterior paint job completed in 2023, underscoring its commitment to maintaining its condition.