Renovation-Underway Duplex
For Sale
$655,000
767 Bermuda Street, Charleston, SC 29412
MULTI_FAMILY - Charleston, SC
Property Size1,592 SF
Lot Size0.25 Acres
Price / SF$411.43
Days on Market134
Property Features for 767 Bermuda Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Bayfront
Elementary school
Harbor View
Middle school
Camp Road
High school
James Island Charter
Directions
From Ji Connectorleft Onto Folly Road Toward Beachleft Onto Pattersonright Onto Bermuda Street.
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 Agency:
AgentOwned Realty Charleston Group
(843) 725-5059
Listed By:
Susan Kraber
(843) 725-5059
Added: Mar 20
Changed: Jul 27
Last Checked: Jul 31 at 7:06PM
MLS# 26007971
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.
Renovation is underway at 767 Bermuda Street, a duplex with two 2-bedroom and 1-bath units. The property is being positioned as an income-producing rental asset, with the existing layout suited for either long-term rental income or short-term rental use, subject to local regulations.
Located on James Island in Charleston, the property is described as being close to Downtown Charleston/MUSC, Folly Beach, and local dining, shopping, and entertainment. It is also noted as being part of the City of Charleston. The listing includes a 0.25-acre lot.
Located on James Island in Charleston, the property is described as being close to Downtown Charleston/MUSC, Folly Beach, and local dining, shopping, and entertainment. It is also noted as being part of the City of Charleston. The listing includes a 0.25-acre lot.
Key Highlights
- Duplex investment on James Island in Charleston, SC
- Renovation is underway
- Two 2‑bedroom, 1‑bath units
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 |
1,592 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.9K
$260.7K – $347.5K
NOI $20,852 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,324 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K
NOI $30,158 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 29412, SC
39,687
Population
18,429
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
1,012
Density / Sq Mi
$99,443
Median Household Income
$54,757
Median Earnings
$1,744
Median Rent
$458,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex renovation underway with two 2-bedroom, 1-bath units on a 0.25-acre parcel on James Island.
Where is this duplex located?
The property is located at 767 Bermuda Street Charleston, SC.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Duplex investment on James Island in Charleston, SC; Renovation is underway; Two 2‑bedroom, 1‑bath units
