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Renee Roark

renee.roark@therealbrokerage.com +1(803) 460-4373

Listed by Palmetto Commercial Prop, LLC

$ 2,795,000

Est. payment -/mo

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Price Dropped by $100K

112 Rutledge Ave Charleston, SC 29401

6,873 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,873 sqft

Price per Sqft $406

Subdivision Harleston Village

MLS Listing ID 26016962

HOA Y/N No

Year Built 1925

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Single Family Detached

Property Description

112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spa112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. There are ten (10) dedicated parking spaces, a highly desirable amenity in this area. Six spaces are leased to the medical office tenant, while the remaining four are allocated to the residential units, generating additional rental income. Excellent Downtown Charleston location in the Historic District and adjacent to the hospital district, walking distance to the College of Charleston, Medical University of South Carolina and many retail sites. With recent renovations, strong in-place income, and the flexibility of a vacant unit, 112 Rutledge Avenue offers investors a compelling, turnkey opportunity in a premier location. TMS #: 457-03-02-120, 457-03-02-162, 457-03-02-163, 457-03-02-165, 457-03-02-165.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Building

Dwelling Type Single Family Detached

Story 3

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

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Renee Roark

South Carolina State Broker in Charge License ID: 24583

+1(803) 460-4373

renee.roark@therealbrokerage.com

www.ibringdreamshome.com

128 MILLPORT CIRCLE STE 200, GREENVILLE, South Carolina 29607, USA

Renee Roark

112 Rutledge Ave Charleston, SC 29401

Key Details

Location

Interior

Building

Schools

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112 Rutledge Ave