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USASCCharlestonHarleston Village112 Rutledge Ave
Listing image | Image 1

112 Rutledge Ave, Charleston, SC

House

For Sale

Listed price in listed location currency (USD).
$2,895,000

000

MLS® 26016962

Overview

Key Facts

Type Single Family Residence
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 0.04 Acres
Approx. Age 1925
MLS® Number 26016962

Property Address: 112 Rutledge Ave, Charleston, SC, 29401-1333

Average square foot calculated using Size range provided by listing agent.

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. Broker Richard Morse is also the owner.
MLS® Number26016962
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
HeatElectric
A/C

Extras

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