Triplex with In-Unit
102 Nassau Street A B C, Charleston, SC 29403
For Sale
$1,150,000
Three two-bedroom residences have separate utility meters, central HVAC, and shared gated parking.
Property Size2,580 SF
Price / SF$445.74
Days on Market12
Property Features for 102 Nassau Street A B C
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Asking Price
Amenities
in-unit laundry
central HVAC
gated
off-street parking
porch
deck
true
6
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Ceiling Fan(s)
Public
0.06
1
Other,1 Car
Crawl Space
2580
Building Details
Building Size
Year Built
Stories
Listing Agency:
(843) 968-7431
Listed By:
Chenne Feaster
Source:
Clfhomesolutionsteam
Added: Oct 30
Changed: Nov 9
Last Checked: Nov 9 at 7:07AM
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 Chenne Feaster
Ask AI about this property
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 residences, each with two bedrooms and one bathroom. Unit A occupies two levels; Unit B is on the ground floor, and Unit C is upstairs. Interior features include wood flooring, in-unit laundry, and central HVAC. The gated property has shared off-street parking, and each residence is separately metered. All three units are expected to be vacant at closing. The property is zoned Non-Conforming.
Updates include remodeled bathrooms in all three units in 2021, a roof replacement in late 2017, and new wood window sashes in 2021 and 2026. The front porch and rear stairs and decking were rebuilt, crawl-space ductwork was replaced, and the parking area was paved with a canopy installed. Exterior paint and appliances have also been updated. Porch and deck areas serve the residences.
The property is one block from Meeting Street and two blocks from Upper King Street restaurants and shops. The College of Charleston is approximately 0.9 mile away on foot, with downtown destinations also accessible by walking and biking.
Updates include remodeled bathrooms in all three units in 2021, a roof replacement in late 2017, and new wood window sashes in 2021 and 2026. The front porch and rear stairs and decking were rebuilt, crawl-space ductwork was replaced, and the parking area was paved with a canopy installed. Exterior paint and appliances have also been updated. Porch and deck areas serve the residences.
The property is one block from Meeting Street and two blocks from Upper King Street restaurants and shops. The College of Charleston is approximately 0.9 mile away on foot, with downtown destinations also accessible by walking and biking.
Key Highlights
- Three 2‑bedroom, 1‑bath residences in a 2,580‑square‑foot triplex
- Built in 1885; Unit A spans two levels, with Units B and C on separate floors
- All three residences vacant at closing; separately metered utilities
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
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 - Three two-bedroom residences have separate utility meters, central HVAC, and shared gated parking.
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 2‑bedroom, 1‑bath residences in a 2,580‑square‑foot triplex; Built in 1885; Unit A spans two levels, with Units B and C on separate floors; All three residences vacant at closing; separately metered utilities
