22 Gadsden St Charleston, SC 29401

This sprawling 0.41-acre property in Harleston Village spans across three separate parcels and includes a Charleston Single main house that was updated in 2016, as well as a cash-flowing duplex at the property's rear. In 2016, Renew Urban handled the meticulous main-house renovation. The charming 1,916 square-foot two-bedroom and two-and-a-half-bath home boasts a beautiful open kitchen-living space and a primary suite with an oversized bathroom and walk-in closet. Reclaimed historic heart pine boards were installed in the ground floor addition to match the existing antique floors. Many other special details can be found throughout, including an original marble fireplace surround on the first floor. The house was pre-wired for digital connections in the living room, kitchen, and primary bedroom to allow for television and audio equipment. Spray foam insulation was installed in the attic and crawl space, as well commercial-grade HVAC systems. The crawl space has a moisture barrier, a dehumidifier, and water-resistant PVC ductwork. The private garden in the rear is perfect for grilling out. Lush evergreen landscaping with irrigation and gas copper lighting surrounds the main house. There is also plenty of available storage in the garden shed for bikes and tools, as well as a dedicated cobblestone driveway for easy access into the house.
At the back of the property, the 1962 brick duplex rests on two individual 0.16-acre lots, totaling 0.32 acres. An access easement exists along the front house driveway into the duplex property. The duplex was repainted and some cosmetic updates were made in 2017. Unit B has three bedrooms and two bathrooms and is 1,598 square feet. Unit C has two bedrooms and one bathroom and is 918 square feet.
Interpretation of current zoning allows for one individual single-family residence to be built on each lot (equaling two homes total), should the next owner decide to demolish the duplex and build two spec homes. Options for the duplex include renting it out for cash flow, demolition with spec home development, or pursuing a private estate project.
The main house rents for $3,800/month which expires 5/31/22. In the duplex, Unit B receives $2,420/month and Unit C receives $1,820/month which both expire 6/30/22. In total the rents gross $96,480/year.