117 Peachtree St Charleston, SC 29403

Listing details for 117 Peachtree St, Charleston, SC 29403 : ***GREAT RENTAL DUPLEX DOWNTOWN !!! NO FLOODING DURING MATTHEW OR IRMA. HIGH CEILINGS AND HARDWOOD FLOORS. RECENTLY REPLACED WINDOWS AND ROOF. DRIVEWAY SHARED WITH ADJACENT PROPERTY. OFF STREET PARKING.CURRENT LONG TERM RENTALS TOTAL $3,000/MONTH, BUT SHOULD BE $3,400...OWNER GAVE PREFERENTIAL RENT TO EXCELLENT EXISTING TENANTS WHO ARE PAST COLLEGE AGE. ***FYI...NEWLY PROPOSED SHORT TERM RENTAL RULES WILL ALLOW THE OWNER TO LIVE IN ONE UNIT AND SHORT-TERM RENT THE OTHER UNIT**** 1 UNIT MUST BE OWNER OCCUPIED...THIS IS AN AMAZING OPPORTUNITY FOR YOUNG BUYERS WHO WANT TO SIGNIFICANTLY AUGMENT THEIR INCOME....A TWO BEDROOM FURNISHED UNIT WILL GENERALLY RENT FOR $300+ PER NIGHT.. AVERAGE SHORT-TERM OCCUPANCY ON THE PENINSULA IS 70%+...THEY COULD PAY THEIR MORTGAGE AND NET $2,000-$3,000/MO.