Charleston Triplex with Unit
For Sale
$750,000
166 President #A B C, Charleston, SC 29403
Three apartments offer a mix of one-, two-, and three-bedroom layouts near MUSC, The Citadel, and the VA Hospital.
Property Size2,256 SF
Price / SF$332.45
Days on Market173
Property Features for 166 President #A B C
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Residential Income
Site & Location
Neighborhood
North Central
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Amenities
wood floors
private balcony
brick fence
Building Details
Building Size
2,256 SF
Year Built
1935
Stories
2
Units
3
Listing Agency:
AgentOwned Realty
Listed By:
Teddy Nelson
(843) 743-8028
Source:
Militaryhomescharleston
Added: May 14
Changed: Nov 1
Last Checked: Nov 1 at 3:44PM
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 AgentOwned Realty
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.
This 1935 triplex contains three separate apartments totaling 2,256 square feet. Unit A has 2 bedrooms and 1 bathroom; Unit B has 3 bedrooms and 2 bathrooms; and Unit C has 1 bedroom and 1 bathroom. Wood floors, a private balcony, and a brick fence are among the property’s physical features.
The property is in downtown Charleston, within walking distance of MUSC, The Citadel Military College, the VA Hospital, and Publix.
The property is in downtown Charleston, within walking distance of MUSC, The Citadel Military College, the VA Hospital, and Publix.
Key Highlights
- Three apartments with 2, 3, and 1 bedrooms, respectively
- 2,256‑square‑foot building constructed in 1935
- Unit A: 2 bedrooms, 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,548
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,960
$591.0K
Cap Rate 7%
$422,114
$422.1K
Cap Rate 9%
$328,311
$328.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$44.7K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.2K $18.71/SF
− OpEx
−$12.7K −$5.61/SF
NOI
$29.5K $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%
$590,960
Cap Rate 7%
$422,114
Cap Rate 9%
$328,311
Alternative Uses
Best Use
Multifamily LT 5
$422.1K
$369.4K – $492.5K
NOI $29,548 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$391.2K
$342.3K – $456.4K
NOI $27,384 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$610.5K
$534.2K – $712.3K
NOI $42,736 @ 7.0% cap · market cap 5.70%
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
1,299
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 apartments offer a mix of one-, two-, and three-bedroom layouts near MUSC, The Citadel, and the VA Hospital.
Where is this triplex located?
The property is located at 166 President #A B C Charleston, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three apartments with 2, 3, and 1 bedrooms, respectively; 2,256‑square‑foot building constructed in 1935; Unit A: 2 bedrooms, 1 bathroom
