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48 Bull Street

Charleston, SC 29401
  • $5,995,000
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: 22007155
UPDATED: 55 min ago
$5,995,000
  • 6
    BEDS
  • 0.76
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
  • 6,513
    SQFT
  • $920
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1815
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Inspire | Batten Partners LLC. Data last updated: 2022-10-03T19:34:20.537.
www.battenpartners.com/homes/126997351
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48 Bull Street Charleston, SC 29401

  • Price: $5,995,000
  • Status: Active
  • On Site: 193 Days
  • Updated: 55 min ago
  • ID#: 22007155
6
Beds
6
Baths
2
½ Baths
0.76
Acres
6,513
SQFT
$920
$/SQFT
1815
Built
Neighborhood:
Harleston Village
County:
Charleston
Area:
Charleston Peninsula - Below Crosstown
Elementary School:
Memminger
Middle School:
Simmons Pinckney
High School:
Burke
Property 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.
Exterior Features

Exterior Stucco Foundation Basement Garage Parking Off-Street ParkingOther (Use Remarks) Lot Description .5 - 1 Acre Misc Exterior DeckFence - PrivatePorch - Front Porch Roof Metal Single Family Detached Style Traditional Stories 2 Stories

Interior Features

Cooling Central Air Floors Wood Green Features Tankless Water Heater Heat Heat Pump Master Bedroom Multiple ClosetsUpstairs Misc Interior Ceilings - 9'+Ceiling - BeamedCeiling - BlownKitchen IslandWalk-In Closets Rooms Eat-In-KitchenLaundryLiving/Dining Combo

Property Features

New Owned Pre-Owned Water Sewer Public SewerPublic Water

Charleston Trident Association of REALTORS® logo Listing courtesy of Robertson Howland Properties: [IDXCONTACTINFORMATION].


Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Inspire | Batten Partners LLC. Data last updated: 2022-10-03T19:34:20.537.
 
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