Description

Welcome to 13 Kracke Street, 15 Kracke Street, and 10 Rosemont Street, a unique investment opportunity in the Cannonborough Elliotborough neighborhood of downtown Charleston! This sale includes a charming single-family home and two historic Charleston-style duplexes, all situated on the same parcel. With a total of five units, fourteen bedrooms and ten parking spots this property promises not only comfortable living spaces but also a lucrative rental income stream of over $500K in annual revenue. 10 Rosemont Street - The single-family home offers 1,500 square feet of living space, featuring three bedrooms and two and a half bathrooms. The residence boasts a delightful front porch and a back deck, perfect for enjoying the pleasant Charleston weather.The backyard has been thoughtfully transformed with artificial turf, ensuring a low-maintenance outdoor oasis. 13 Kracke Street Duplex - Both units have full building length Charleston piazzas. Unit A of this historic duplex features three bedrooms and two bathrooms, while Unit B offers three bedrooms and one bathroom. Both units have been completely renovated, showcasing heart pine flooring, updated kitchens with brand new appliances, a new roof, HVAC systems, tankless water heaters, and beautiful finishes throughout. 15 Kracke Street Duplex - Unit A of this duplex presents two bedrooms and one bathroom, while Unit B provides three bedrooms and one bathroom. Just like the other units, these have undergone extensive renovations, including heart pine flooring, updated kitchens, new appliances, a new roof, HVAC systems, tankless water heaters, and exquisite finishes. All four units in the duplexes have obtained legal short-term rental licenses, making them a prime investment for those seeking immediate income generation. The units are turnkey, fully furnished, ensuring a seamless transition for guests and an effortless management experience for the owner. Behind 13 Kracke Street, you'll discover a fully gated backyard tropical oasis. This serene space features a custom-built pergola, grill, and Adirondack chairs, creating a private retreat for guests to relax and unwind. One of the most coveted features in downtown Charleston is the availability of off-street parking. This property provides a total of 10 dedicated off-street parking spaces, ensuring convenience and peace of mind for residents and guests. For added convenience there is a Tesla charging station at 13 Kracke Street. This unique investment opportunity presents a rare chance to own a remarkable property with multiple income-generating units in downtown Charleston. Whether you choose to live in the single-family home and manage the duplexes or live in the smallest unit and rent out the rest, this property is a smart choice for investors seeking both historical charm and a profitable return. The Cannonborough Elliotborough neighborhood is a prime location for dining, shopping and exploring all that the city has to offer. Don't miss out on this chance to own a piece of Charleston's rich heritage and secure a solid financial future.