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Property profile & analytics
OFF-MARKET
Commercial real estate

2135 Montford Ave Charleston, SC 29403

4,197 SF 0.11 ac lot Built 2017
Property ID
US77-2213318
Property summary
AI-generated overview

This exceptional 2017-built triplex in Charleston's vibrant Downtown area presents a compelling investment opportunity. The property boasts 4,197 square feet across three units, each offering approximately 1,300 square feet of living space with 3 bedrooms and 2.5 bathrooms. High-end finishes, open floor plans with high ceilings, stainless steel appliances, and large windows are featured throughout. Units on the second and third floors include spacious balconies. Five off-street parking spaces are included – a highly desirable amenity. The property enjoys 100% occupancy with staggered lease renewals beginning March 1, 2025, generating a current gross annual revenue of $102,000. Its prime location offers easy access to Wagener Terrace, Historic Downtown Charleston, and the burgeoning NoMo area, a developing tech hub with numerous restaurants and breweries. Proximity to the Charleston International Airport (10-15 minute drive) and the planned Magnolia Development (a 20-acre mixed-use project) further enhances its investment potential. The property sits on a 0.11-acre lot and is zoned Resid-Dup/Tri. A $2,500 lender credit is available towards closing costs and prepaids when using the seller's preferred lender, in addition to any negotiated seller concessions. This stabilized investment offers a blend of luxury living and strong financial returns.

Property profile
Verified
Property type Commercial real estate
Year built 2017
Total area 4,197 SF
Lot 0.11 ac (4,792 SF)
UPID US77-2213318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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