22A Corinne St Unit 31 Charleston, SC 29403

Welcome to the incredible combination of location, lifestyle and stable income in a contemporary townhouse in historic downtown Charleston. For investors, 22A Corinne is a turnkey source of immediate cash flow, with minimal vacancy risk and virtually no turnover costs. Whether it is a 1031 exchange, portfolio addition, or first-time investor, this stable, income-producing property is a perfect turnkey opportunity. This downtown 3 bed/2.5 bath has been steadily rented in a high demand, low supply area. It's location is second to none, with an easy walk to MUSC, College of Charleston, the Citadel, and upper King Streets dining and nightlife. Highlighted by 3 balconies and a two car garage, this gem in historic downtown Charleston could be yours.For the parent of a future student (MUSC, CofC, Citadel), 22A Corinne is an opportunity to own your student's housing: buy now, secure future housing in a high demand area, let your child take the primary suite and let roommates pay the mortgage. For a second home owner, lock in your Charleston lifestyle now and collect income until you're ready to relocate to this property near King Street and in the center of Charleston action. Unit is presently occupied by 3 seniors at College of Charleston, leased through June 30, 2026. Leases transfer to Buyer. Seller holds security deposit and last months rent. Copies of leases and parental guarantees available on request. Tenants pay all utilities. Features: 1st Floor - living area, kitchen with island & dining area, ½ bath, balcony 2nd Floor - 2 bedrooms, full bath, laundry closet with stacked washer/dryer, balcony 3rd Floor - master bedroom, full bath, patio Garage level - tandem spaces for 2 vehicles, room for storage, crawl space Property currently registered as long term rental unit with City of Charleston Property has been well-maintained since purchase in Nov, 2022. Improvements & major repairs since purchase include HVAC, painting, stucco, lock systems, garage, blinds, and more!