Semi-detached townhome-style condo with TWO CAR GARAGE! plus assigned off street parking space & NEW ROOF! Location is midway between Colonial Lake (3 blocks) & market (4 blocks), just around corner from Wentworth Mansion 5-star luxury hotel (2 blocks). Shops & restaurants on vibrant King St just 3 blocks away. Kirkland Lane is a hidden gem, a little-traveled lane with a mixture of historic & new homes. The Black Tap coffee shop anchors the south end of the lane. Residents of the street include professionals, students/residents at nearby College of Charleston & MUSC, primary & second home owners. High quality finishes include wood floors, new tile floors in master bath & laundry, stainless steel appliances & solid surface kitchen counters. Please click forKitchen appliances include a five burner gas range, a built-in microwave, dishwasher & refrigerator. A Rinnai tank-less water heater was installed in laundry room where you will also find room for pantry shelving. The washer and dryer are negotiable.
The regime fee includes all insurance and is not much more than insurance alone on a single family home or townhome. It also includes common area electricity (lights at parking spaces), landscaping and mulch/pine straw, termite bond, a contribution for reserves (for parking lot maintenance when required) and a modest management fee. Each owner handles their own exterior maintenance, although the regime sometimes pays for power-washing. The exteriors were all recently painted (have been painted about once every eight years).
The regime fee is paid $1247.25/quarter for a total of $4989/year. Of that, the latest budget shows approximately $566 is for flood insurance, $2880 is for other insurance, $1065 is for landscaping and common area lights and maintenance, $225 is the annual termite bond, $400 goes into reserves for any future expenses (like parking space paving), and the rest is for management and tax preparation. Please verify with your insurance agent, but preliminary flood maps appear to show flood zone changing from AE13 to AE10, which should mean lower flood insurance costs in future. The budget, financial statements, covenants and restrictions and by-laws can be provided upon request. City ordinances restrict rentals to 30 days or more in all residential areas.
Please pardon condition of street. The city has been doing utility work under street and the street is supposed to be repaved soon, per city councilman we contacted.