8-Bedroom
2001 Hugo Ave Unit A & B, North Charleston, SC 29405
For Sale
$625,000
Updated throughout, this two-unit residence combines a substantial bedroom count with a layout suited to rental or owner occupancy.
Property Size2,820 SF
Price / SF$221.63
Days on Market91
Property Features for 2001 Hugo Ave Unit A & B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Carolina One Real Estate
Listed By:
Daniel Tsveer
(843) 779-8660
Source:
Findhomesforsaleincharleston
Added: Aug 11
Changed: Nov 8
Last Checked: Nov 8 at 6:52AM
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 Carolina One Real Estate
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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 1940, this duplex contains 2,820 square feet across two units. The property has a combined 8 bedrooms and 4 bathrooms and has been updated throughout. Its two-unit configuration supports rental use or owner occupancy.
Key Highlights
- 2,820‑square‑foot duplex
- Combined total of 8 bedrooms and 4 bathrooms
- Two units at 2001 Hugo Ave Unit A & B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,225
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,500
$744.5K
Cap Rate 7%
$531,786
$531.8K
Cap Rate 9%
$413,611
$413.6K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$56.9K $20.16/SF
− Vacancy
−$3.7K −$1.30/SF
EGI
$53.2K $18.86/SF
− OpEx
−$16.0K −$5.66/SF
NOI
$37.2K $13.20/SF
Area
North Charleston, SC
Vacancy
6.46%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,500
Cap Rate 7%
$531,786
Cap Rate 9%
$413,611
Alternative Uses
Best Use
Multifamily LT 5
$531.8K
$465.3K – $620.4K
NOI $37,225 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$495.6K
$433.7K – $578.2K
NOI $34,693 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$765.8K
$670.0K – $893.4K
NOI $53,603 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Explore this area
Business Placement
Demographics for 29405, SC
25,620
Population
13,058
Households
2
Avg Household Size
37
Median Age
27%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$54,566
Median Household Income
$35,887
Median Earnings
$1,196
Median Rent
$266,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Charleston County, SC
Properties on Market for Duplexes in Charleston County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Updated throughout, this two-unit residence combines a substantial bedroom count with a layout suited to rental or owner occupancy.
Where is this duplex located?
The property is located at 2001 Hugo Ave Unit A & B North Charleston, SC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,820‑square‑foot duplex; Combined total of 8 bedrooms and 4 bathrooms; Two units at 2001 Hugo Ave Unit A & B
