767 Bermuda Street Charleston, SC 29412
MULTI_FAMILY - Charleston, SC
Property Features for 767 Bermuda Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,592 SF
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Asphalt
Listing agent Susan Kraber (843) 725-5059
Listing office AgentOwned Realty Charleston Group Mount Pleasant, SC (843) 725-5059
Listing date Mar 20, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located on James Island in Charleston, the address is described as close to Downtown Charleston/MUSC as well as Folly Beach, along with local dining, shopping, and entertainment. The property is part of Charleston City, which may be relevant for any intended use decisions.
For an investor or owner-occupant, this structure can be used as an income-producing multi-family asset, supporting long-term rental income as well as short-term rental use, subject to local regulations. The included land also offers an additional housing option for buyers who want to build on the 0.25-acre site while planning around the current renovation timeline.
Key Highlights
- Duplex investment on James Island in Charleston, SC
- Renovation is underway
- Two 2‑bedroom, 1‑bath units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $19.80 |
| − Vacancy | −$1.7k | −$1.09 |
| EGI | $29.8k | $18.71 |
| − OpEx | −$8.9k | −$5.61 |
| NOI | $20.9k | $13.10 |
