515 Rutledge

Trophy Multifamily Investment: 6.05% Cap Rate in Downtown CharlestonSecure a high-performing, turnkey asset in the city's most coveted rental corridor. This meticulously maintained property features eight private suites across two units, each functioning as a self-contained ''micro-apartment'' with its own kitchenette, bathroom, and private entrance--perfect for the high-demand professional and student markets. Upgraded with modern mini-splits, timeless hardwood floors, and a residential fire sprinkler system, this property offers peace of mind and low overhead. With rare on-site parking for eight vehicles and a prime location steps from MUSC and the College of Charleston, this is a rare ''set-and-forget'' addition to any portfolio.

Essential Information

  • MLS® #25031124
  • Price$1,799,000
  • Bedrooms8
  • Square Footage3,024
  • Acres0.13
  • Year Built1930
  • TypeResidential Income
  • StatusActive

Community Information

Amenities

  • Garage Spaces0

Interior

  • CoolingOther
  • Stories2

Exterior

  • RoofAsphalt
  • ConstructionWood Siding

School Information

  • ElementaryJames Simons
  • HighBurke

Additional Information

Listing Details

  • OfficeAgent Group Realty Charleston

LISTED BY Agent Group Realty Charleston, (843) 656-0550