207 W Poplar St, Charleston, 29403

$1,499,000

Reduced By $60,000
last change 11/12/2024

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29 Nov

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Home Description

Beautifully renovated duplex located in the highly desirable Wagener Terrace neighborhood. 207 W Poplar offers an excellent investment opportunity, whether you're looking to live in one unit and Short Term Rent the other (legally permitted by the city of Charleston as a category 2 rental), or rent both for maximum income potential. Potential Gross rental income of $11,000 - $6,500 for Unit A + $4,500 for Unit B). With a total of 2,456 SF, Unit A offers 4 bedrooms & 2 bathrooms, while Unit B features 3 bedrooms and 2 bathrooms. Opportunity to convert back to a single family home as well if desired.Upon entering Unit A, you're welcomed by refreshed landscaping and a charming repainted front porch. Inside, a long hallway leads to all four spacious bedrooms and updated two bathrooms with new light fixtures, plumbing fixtures, and exhaust fans. Toward the back of the home, you'll find a fully updated kitchen, complete with granite countertops, bright white cabinets, new hardware and brand-new stainless steel appliances. The kitchen opens into an open-concept living and dining area perfect for entertaining. From the living area, step out onto the backyard to enjoy the brand-new deck, where you can enjoy the Charleston weather year round. Unit A also features brand-new luxury vinyl plank (LVP) flooring throughout as well as freshly painted walls, trim and ceilings. Access Unit B via the private back staircase, which leads to a cozy landing perfect for outdoor seating. Inside, you enter into the dining area, adjacent to a beautifully updated kitchen that mirrors the modern finishes of Unit A, including granite countertops, white cabinetry, and new appliances. Off the dining room, newly installed French doors lead to a welcoming living space which could also be used as an office or 4th bedroom. This unit features three spacious bedrooms and two updated bathrooms. Unit B is fully repainted and has retained its original hardwood floors, which have been lovingly refinished to preserve the home's character while offering a modern touch. Additional updates include the fully encapsulated crawlspace with sump pump, new washer and dryers in both units, new entry and exit doors and hardware for both units, all new interior doors in unit A, new ceiling fans and new blinds. Additionally the home features tankless hot water heaters and 2022 HVAC systems. The lot features a long driveway for up to four cars as well as a spacious storage shed. This property is conveniently located in Wagener Terrace, walkable to Hampton Park, local restaurants and shops or just a quick golf cart ride down the Peninsula to the heart of Historic Downtown Charleston. Whether you're looking to invest or settle into one of Charleston's most sought-after neighborhoods, 207 W Poplar is an excellent turn-key investment opportunity!