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76 Nassau #APT B

Charleston, SC 29403
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Bed --

Bed

Bath 0

Bath

SqFt8,888

Sqft

Acres0.11

Acre(Lot)

The Foundry at 76 Nassau Street is a rare surviving landmark of Charleston's 19th-century industrial history, thoughtfully adapted for modern use as a 14-unit multifamily residential property. Today, the property sits at the center of Downtown Charleston's continued growth, just one block from Meeting Street and within walking distance of Upper King Street. The property consists of two two-bedroom apartments, ten one-bedroom apartments, and two studio apartments, each with one full bathroom. Residents also have access to a shared laundry facility. The Foundry presents a turnkey investment opportunity with 100% occupancy and an exceptional rental history. According to ownership, the property has experienced no vacancies or evictions during their entire ownership period, while average rents have increased approximately 9% annually since 2022. Professional property management is already in place and available to continue managing the property for a new owner. The solid-brick building is relatively simple to operate and maintain and benefits from significant recent capital improvements, including a new roof and new windows installed in 2022. The Foundry apartments are well positioned as an attractive, reasonably priced rental option within the rapidly evolving Upper King Street area. The surrounding district has emerged as one of Downtown Charleston's most dynamic mixed-use neighborhoods following substantial redevelopment over the past decade. Anchored by Greystar's global headquarters just one block west and the multi-phase Courier Square redevelopment, the area has added hundreds of new residences along with significant office, retail, hospitality, and public-space investment. That momentum continues today. New high-end senior housing, additional mixed-use development, and the much-anticipated Lowline linear park are advancing nearby, further extending the energy and appeal of Upper King Street toward the property. The combination of a distinctive historic building, established rental performance, walkable downtown location, and substantial surrounding investment makes The Foundry a compelling opportunity to acquire a stabilized multifamily asset in the path of Downtown Charleston's continued growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,150,000

AD Id : 89969975

MLS Id : 26024065

Lot Size : 0.11 Acre

Living Area Size : 8,888

Year Built : 1911

County : Charleston

Subdivision: City Of Charleston

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Feature Features

  • Roofing Information

    See Remarks
  • Interior Features

    Roof: See Remarks
  • Heating & Cooling

    Cooling: Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1911 Construction Materials: Brick
  • Exterior Features

    Foundation Details: Crawl Space

  • Lot Information

    Lot Size Area: 0.11 Lot Size Units: Acres Lot Square Feet: 4,792 Lot Acres: 0.11 Stories: 2 Main Square Feet: 0.11

    Property Information

    Property Type: Residential Income Structure Type: Flat, More than 4 Subdivision: City of Charleston

  • Elementary School: Sanders Clyde
    Junior High School: Simmons Pinckney
    Senior High School: Burke
  • Utility Information

    Charleston Water Service, Dominion Energy
  • Location Information

    Direction: The Property Sits At The Northeast Corner Of Nassau And Columbus Streets, In The Historic Hampstead/eastside Neighborhood, One Block East Of Meeting Street.
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Nearby Home Value

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3 Judith Street, Charleston, SC, 29403 $925,000 2 2 1,524 0.08 Acre
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15 Judith Street #E, Charleston, SC, 29403 $1,100,000 2 3.5 1,680 0.02 Acre
67 Drake Street, Charleston, SC, 29403 $1,195,000 4 3.5 2,068 0.06 Acre
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ByOwner last updated this listing 09/03/2026 @ 13:32

MLS: 26024065 LISTED BY: Trey Sedalik, Prospect Real Estate Brokers SOURCE: CHS Regional MLS

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