Value-Add Duplex in Downtown Charleston, SC! Fully Engineered Renovation Plans will be included with the sale. ARV estimated ~$1.2M!6 Poinsett is a 2-story duplex with 2 separate meters. 1,960 heated SF, situated on a .10 acre lot, built circa 1940, and Flood Zone ''X'' requiring no flood insurance. Located adjacent to the American College of Building Arts and located in the ''Opportunity Zone.''Proposed New Configuration and Highlights: Property will become 3 bed/2 bath per unit (total 6 bed/4 bath). New Property Survey and Structural Engineering, Floor Plans and Conceptual Landscape Plan convey. Large lot allows for several off-street parking spots and/or large landscaped backyard.Property is located in HMDP (historic materials demolition purview) allowing the buyer flexibility to use materials like Hardi siding and insulated windows. Project has already been submitted to the City and is partially though review for permitting saving you time and money.
Opportunity: Significant value-add potential through renovation and repositioning, ideal for long-term hold, resale, rental optimization, or leveraging Opportunity Zone tax advantages.
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School Information
School Information for 6 Poinsett Street, Charleston, SC 29403