158 Gordon Street, Charleston, SC 29403

$855,000
2,926
SqFt

Property Description

The address is both 158 & 156 Gordon St. Marsh front duplex in Wagener Terrace. Rare investment opportunity. This property was formerly approved for residential short term vacation rentals per the City of Charleston before the pandemic, currently leased out for long term rental. There are 3 bedrooms and 2 bathrooms on each side. 158 also has an additional room that is used as a forth bedroom. This property has the potential to be split up into three units or have an additional unit added onto the duplex. The power meter base for the third unit has already been approved by the city and installed on the house. Unit 158 is also solar powered which supplements electricity expenses for that unit. 156 has been fully renovated excluding the bathrooms. This property has tremendous cash flow and investment opportunity with the option for long term rentals, vacation rentals, or most importantly a site to develop 3 new houses.

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