Three-Unit Charleston
102 Nassau Street A B C, Charleston, SC 29403
For Sale
$1,150,000
Each residence has in-unit laundry, central HVAC, and separately metered utilities.
Property Size2,580 SF
Price / SF$445.74
Days on Market46
Property Features for 102 Nassau Street A B C
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Asking Price
Amenities
in-unit laundry
central HVAC
gated property
shared off-street parking
porch
deck
wood flooring
Building Details
Year Built
Buildings
Listing Agency:
Keller Williams Realty Charleston
Listed By:
Lane Huntley
(843) 416-2000
Source:
Indigooakrealestate
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Charleston
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1885, this 2,580-square-foot triplex contains three two-bedroom, one-bath residences. Unit A spans two levels; Units B and C are arranged on the lower and upper floors. Wood floors, porch and deck areas, central HVAC, in-unit laundry, and separately metered utilities serve the property. All three residences are expected to be vacant at closing. The property also includes gated off-street parking and a paved parking area with a canopy.
Improvements include a full roof replacement in late 2017 and 2021 work on all three bathrooms, the front porch, rear stairs and decking, and crawl-space ductwork. Wood window sashes were replaced in 2021 and 2026, and appliances have been replaced across the residences.
The property is one block from Meeting Street and two blocks from Upper King Street’s restaurants and shops. The College of Charleston is approximately 0.9 miles away on foot, with downtown destinations accessible by walking and biking.
Improvements include a full roof replacement in late 2017 and 2021 work on all three bathrooms, the front porch, rear stairs and decking, and crawl-space ductwork. Wood window sashes were replaced in 2021 and 2026, and appliances have been replaced across the residences.
The property is one block from Meeting Street and two blocks from Upper King Street’s restaurants and shops. The College of Charleston is approximately 0.9 miles away on foot, with downtown destinations accessible by walking and biking.
Key Highlights
- Three residences, each with 2 bedrooms and 1 bathroom, in 2,580 square feet
- Unit A occupies two levels; Unit B is downstairs and Unit C is upstairs
- Separate utility meters, in‑unit laundry, and central HVAC in all three residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,792
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,840
$675.8K
Cap Rate 7%
$482,743
$482.7K
Cap Rate 9%
$375,467
$375.5K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$51.1K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.3K $18.71/SF
− OpEx
−$14.5K −$5.61/SF
NOI
$33.8K $13.10/SF
Area
Charleston, SC
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,840
Cap Rate 7%
$482,743
Cap Rate 9%
$375,467
Alternative Uses
Best Use
Multifamily LT 5
$482.7K
$422.4K – $563.2K
NOI $33,792 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$447.4K
$391.5K – $522.0K
NOI $31,317 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$698.2K
$610.9K – $814.6K
NOI $48,873 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 29403, SC
21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has in-unit laundry, central HVAC, and separately metered utilities.
Where is this triplex located?
The property is located at 102 Nassau Street A B C Charleston, SC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three residences, each with 2 bedrooms and 1 bathroom, in 2,580 square feet; Unit A occupies two levels; Unit B is downstairs and Unit C is upstairs; Separate utility meters, in‑unit laundry, and central HVAC in all three residences
