48 Bull Street

Key Details

  • Price: $5,995,000
  • Beds: 6
  • Full Baths: 6
  • Half Baths: 2
  • SqFt: 6,513

Full Features

  • Status: Active
  • Type: Single Family Detached
  • Garage: No
  • Off-Street Parking: Yes
  • Fireplace: No
  • Stories: 2
  • Year Built: 1815
  • DoM: 185 days
  • Listed: 3/23/2022

Description

Amazing opportunities await with this unique 3/4 acre circa 1815 property in downtown historic Charleston. Rarely does a property like this come along in Charleston. Option 1: Purchase for investment purposes. The main historic fully renovated home features 6,000 +/- sq ft and is divided into two luxurious income-producing rental units. Unit A and B have been meticulously renovated with modern finishes while maintaining the historic fabric. 12 foot Heart Pine beamed ceilings and exposed brick walls compliment light filled rooms from three exposures. Marble counter tops, Perrin and Rowe fixtures, Wolf and Sub Zero appliances are just some of the elegant features that blend the modern and historic architecture. Each ~3,000 sq ft unit consists of 3 bedrooms and 3 1/2 baths. Four tankless water heaters and 6 HVAC units keep all occupants comfortable and well served. Unit A is currently rented with an NOI of over $100k/year. Enjoy your front yard from the large porch set back 50 ft from the street. Option 2: Combine the property to its original circa 1815 grandeur and create a one-of-a-kind private compound with a 6 bedroom 6 bath en-suite residence and by incorporating the rear lot. An incredible option to build your own compound, guest house, pool, or whatever you desire to have a private and rare estate steps from King Street. Option 3: Use the rear lot in addition to the main house to develop three to four single family homes. Well known architect Robbie Marty has designed plans that are ready for fine tuning prior to submission to the city. Development plans available upon request. Keep the main house for income or residence and have an option to create a unique enclave of additional homes behind. Centrally located in the middle of the peninsula and within 3 blocks to historic King Street shopping and award winning restaurants. A short stroll to the Marina, MUSC and The Battery all while surrounded by historic homes and churches. Truly something to admire.

Location

Schools

Elementary: Memminger
Middle School:   Simmons Pinckney
High School: Burke

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Listed by: Robertson Howland Properties       MLS Disclaimer

MLS Disclaimer

The data relating to real estate for sale on our web site comes in part from the Broker Reciprocitysm Program of the Charleston Trident Multiple Listing Service. Listings held by brokerage firms other than William Means, 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. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved.

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