81 Simons Street #A+B Charleston, SC 29403
Fully leased duplex near Hampton Park and The Citadel.
Property Features for 81 Simons Street #A+B
General Information
- Standard status
- Active
- Size
- 2,416 SF
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1940
Listing office Carolina One Real Estate
Listing date Jan 23, 2026
Source Crexi
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
Investment Insights
Based on property information with market context.
Key Highlights
- Fully leased duplex provides immediate cash flow and long‑term investment stability.
- Prime Charleston Peninsula location in the desirable North Central neighborhood.
- Each unit features 3 bedrooms, ensuring strong and consistent rental demand.
Local 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 | $47.8k | $19.80 |
| − Vacancy | −$2.6k | −$1.09 |
| EGI | $45.2k | $18.71 |
| − OpEx | −$13.6k | −$5.61 |
| NOI | $31.6k | $13.10 |
