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    176-178 Broad St Charleston, SC 29401

    For Sale
    $5,245,000

    Residential Income - Charleston, SC

    Property size:
    7,159 SF
    Lot size:
    0.17 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 176-178 Broad St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    7,159 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    9
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams Realty Charleston West Ashley (843) 737-6780 [email protected]

    Listing agent Jonathan Holt (843) 737-6780

    Listing date Oct 21, 2025

    MLS# 24018617 Listing URL

    Copyright © 2025 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Charleston Multifamily Investment Opportunity

    The property at 176-178 Broad Street comprises three buildings that combine historic charm with modern updates. The property features nine units: four 1-bedroom, 1-bathroom units; four 2-bedroom, 2-bathroom units; and one 2-bedroom, 1-bathroom unit, totaling 14 bedrooms and 13 bathrooms. The units have been updated with modern comforts while retaining historic elements such as exposed wood beams, decorative fireplaces, wood floors, piazzas, and spiral staircases. The property includes 9 off-street parking spaces. Situated near Colonial Lake, this property offers an investment opportunity. The building is undergoing a condo conversion, expected to be completed by the end of 2025, offering the option to maintain it as a cash-flowing property or sell the units individually. Approval is in process for two commercial pools, with installation planned for late 2025. The lot size is 0.17 acres and the property size is 7,159 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Spa & Massage Realty agency Hair Salon Law Firm Dental Office Nail Salon Food Market Daycare Center Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.938677
    Latitude
    32.776021

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit residential income property with condo conversion potential.
    Where is this apartment building located?
    The property is located at 176-178 Broad St Charleston, SC.
    What is the asking price?
    The asking price for this property is $5,245,000.
    What are key features of this property?
    This property features: - Prime location near Colonial Lake.; - Potential for condo conversion by the end of 2025, offering flexibility for investment strategies.; - Nine meticulously updated units featuring 14 bedrooms and 13 bathrooms.
    (843) 737-6780
    Request Owner's contact information
    176-178 Broad St Charleston, SC 29401
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    Charleston, SC 29401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    176-178 Broad St Charleston, SC 29401
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