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Property type:
Year built: 1852
List Date: 2025-05-19
Lot Size: 0.0700 acres
Area
3739 ft2
Bedrooms
6
Days For Sale
1

Location

Amenities

  • Architectural
  • Central
  • Central Air
  • Charleston Water Service
  • Dominion Energy
  • Electric
  • Security System

Description

Discover a rare investment opportunity at 87 America Street, a meticulously maintained triplex in the heart of Charleston's Eastside neighborhood. Just one block from the iconic Cigar Factory complex and 0.3 miles from both the transformative Morrison Yard project and the Arthur Ravenel Jr. Bridge, this property is perfectly positioned for MUSC residents, Charleston School of Law students, young professionals, or anyone looking for a vibrant downtown neighborhood. With projected gross rental income exceeding $100k in 2025 and no vacancies during the seller's ownership, this triplex is a turnkey gem for investors or those looking to live in one unit while renting out the others. Situated on high ground with no history of flooding, it offers peace of mind in Charleston's competitive market.The main house is a stunning blend of modern upgrades and classic Charleston charm. Its open floor plan features a renovated kitchen with bamboo cabinetry, beautiful stone countertops and stainless steel appliances, flowing seamlessly into the living and dining areas, complete with a convenient half bath for guests. The expansive master suite boasts an en-suite bathroom, a private office or sitting area, and exclusive access to a spacious upstairs piazza stretching 6 feet wide by 25 feet long. A second bedroom offers its own en-suite bathroom, while both the upstairs and downstairs piazzas provide ample outdoor space for enjoying Charleston's charm. The standout feature is the half basement, a versatile flex space with custom built-ins and an entertainment center, perfect as a gym, game room, additional bedroom, or even a potential apartment for extra income. In-ceiling speakers and an integrated entertainment system elevate the home's modern appeal. In the rear, two 2-bedroom, 2-bath rental units generate strong tenant interest, connected to the main house by a charming courtyard walkway. A shared laundry room and two large storage areas add functionality and desirability. The current owner's meticulous care ensures the property is in great condition, minimizing maintenance costs and maximizing tenant satisfaction. The Eastside is a dynamic neighborhood buzzing with opportunity, soon to be amplified by the Morrison Yard project just 0.3 miles away. This $300 million development, featuring 380 luxury apartments, Class A office space, retail, and a Kimpton Hotel, is projected to generate a $1.4 billion economic impact by 2030, driving property values and rental demand. Steps from the Arthur Ravenel Jr. Bridge, residents can enjoy a 2.5-mile pedestrian and bike path with stunning Cooper River views or take a quick drive to Mount Pleasant (5 minutes), Sullivan's Island (15 minutes), or Isle of Palms (20 minutes). The nearby Cigar Factory complex offers Mercantile and Mash for gourmet dining, Core24 gym, and boutique shops, while top restaurants like Marbled & Fin (upscale seafood), Indaco (Italian), The Swamp Fox (Southern), and Halls Chophouse (steakhouse) are all within a mile. Hampstead Square, Tiedemann Park, and waterfront Park provide green spaces, and cultural attractions like Charleston Music Hall, Marion Square, and the Charleston Museum are a short walk away. The Historic Charleston City Market and King Street's shopping district are also easily accessible. With the Eastside's growth, proximity to Morrison Yard, and access to the Ravenel Bridge, 87 America Street is a high-performing asset in a thriving neighborhood. Whether you seek a luxurious home with rental income or a pure investment, this triplex delivers unmatched potential.

What's YOUR Home Worth?

Schools

6-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
1002 King Street
8437203085
Public
6-12 SPED

6-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8437247789
Public
6-8 SPED

9-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8435794815
Public
9-12 SPED

K-12 Schools in 29403

Name
Address
Phone
Type
Grade
227 Huger Street
843-567-5911
Private
K-12

K-3 SPED Schools in 29403

Name
Address
Phone
Type
Grade
34 Race Street
8434109765
Public
K-3 SPED

PK-5 SPED Schools in 29403

Name
Address
Phone
Type
Grade
382 Meeting Street
8437202967
Public
PK-5 SPED
2 Perry Street
8437247261
Public
PK-5 SPED
805 Morrison Drive
8437247783
Public
PK-5 SPED

PK-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
233 Line Street
8437222689
Public
PK-8 SPED
741 King Street
8437247763
Public
PK-8 SPED
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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

    Listing Provided by Realty One Group Coastal

    87 America Street, Charleston, SC 29403
    MLS #29403
    $1,590,000
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