23-25 Line Street, Charleston, SC 29403 (MLS# 18025653)

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23-25 Line Street, Charleston, SC 29403

$2,325,000

Property Type: MultiFamily Square Footage: 5,984 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $2,325,000 List Date: 9/18/2018 Last Modified: 10/06/2026

Overview

Description

Smith's Alley is the best new redevelopment project in Charleston. Conveniently located near the corner of Meeting & Line Streets across from the new 12 acre Courier Square development. Smith's Alley is a beautifully renovated 7 unit; 22 bedroom apartment building in the epicenter of Charleston's most creative food, music, design, & art scene. Complete restoration from top to bottom: all new roof, electrical, plumbing, & HVAC. Beautiful new kitchens, new high-end appliances, new bathrooms, quality fixtures. Year 1 Rent Income = $185,400. NOI = $154,793 (see the attached Sale Information Packet). Parking available for Tenants & tranquil private courtyards for Tenant use: recreation, meditation, alfresco dining, bike storage. Well positioned in the 'new' center of the Peninsula. Easy access

Supplements: to I-26, Mt. Pleasant, and steps from the restaurants & nightlife of Upper Meeting Street and King Street. Easy to lease - Tenants will be drawn to this trend-setting neighborhood with so many available amenities: bike the bridge, take a Yoga class, see a show at Woolfe Street Playhouse, meet friends at The Alley, Rappahannock Oyster Bar, The Com ... (Read more)

Listing Details MLS# 18025653

Location, Tax & Legal

Tax Map #: 4590503048047
Street #: 23-25
Street Name: Line
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: None
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Directions: From Meeting Street, turn onto Line Street heading East. Property will be on your Right (South Side).

Contract Info

MLS List Date: 2018-09-18
Total List Price/SqFt: 409.43

General Property Info

Number of Units: 7
# Stories: 2
Ground Level: Yes
Total Apx SqFt: 5984
Year Built: 1980
Acreage: 0.23
Potential Short Sale: No

Status Change Info

Sold Date: 2018-12-14
Sold Price/SqFt: 388.54
New Mortgage Type: Conventional

More Information

Property Features

SqFt Source: Tax Records Architectural Style: More than 4

Documents

Lead Paint Disclosure ›

Seller Disclosure ›

Sales Flyer / Financials / Site Plan ›

Realtor.com Article Published July 2018 ›

Listing Office: Southeastern Management Group

Last Updated: October - 06 - 2026

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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