201 Ashley Avenue, Charleston, SC 29403
$2,165,000
Property Type:
MultiFamily
Square Footage:
4,438
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$2,250,000
List Date:
12/04/2018
Last Modified:
5/12/2020
Overview
Description
Circa 1832, the Ashley Inn was constructed by Alexander Back, an inventor of rice & cotton processing equipment. Located in the heart of the Peninsula on the southern edge of Cannonborough in the short-term rental overlay, and just steps from MUSC, this beautiful Bed & Breakfast property features 7 rooms with accompanying baths and 1 half bath in the main structure and 2 bedrooms and 1.5 bathrooms in the charming carriage house located to the rear. The main house boasts wide wrap-around piazzas on both floors as well as original plaster crown moldings, plaster medallions, and heart pine flooring throughout. The original granite fireplace mantels, pocket doors, and 12-foot ceilings further add to the property's historic charm. There are 9 off-street parking spaces on-site.
Supplements: ... (Read more) Since the property is zoned for a Limited Business use and is located within the Short-Term Rental Overlay, the property can potentially be purchased and managed by an off-site owner differentiating it from other, traditional Bed & Breakfast properties in the City. The Inn currently maintains solid occupancy and steady nightly rates with room to grow with further updating. The property is being sold furnished will original four-poster beds, chandeliers/light fixtures, and all furnishings. Copies of current and previous Profit & Loss statements are available by request.
Listing Details MLS# 18032139
Location, Tax & Legal
- Tax Map #
- 4601104005
- Street #
- 201
- Street Name
- Ashley
- Street Suffix
- Avenue
- County
- Charleston
- State
- SC
- Zip Code
- 29403
- Area
- 51 - Peninsula Charleston Inside of Crosstown
- Tax District
- 71 - City of Charleston
- Subdivision
- Cannonborough
- Elementary School
- Memminger
- Middle School
- Simmons Pinckney
- High School
- Burke
- Directions
- From Calhoun Street take Ashley Avenue North to Bee Street. Property is located on the corner of Ashley & Bee Streets.
- Legal Description
- 201 ASHLEY AVE AND BEE STREET
Contract Info
- MLS List Date
- 2018-12-04
- Primary Structure List Price/SqFt
- 506.99
General Property Info
- Number of Units
- 8
- # Stories
- 3
- Primary Structure Apx SqFt
- 4438
- Year Built
- 1832
- Acreage
- 0.16
- Potential Short Sale
- No
Status Change Info
- Sold Date
- 2019-01-31
- Sold Price/SqFt
- 487.83
- New Mortgage Type
- Cash
More Information
SqFt Source
- Previous Listing
- Yes
Roof
- Architectural
- Yes
- Asphalt Shingle
- Yes
- Metal
- Yes
Exterior
- Wood Siding
- Yes
Foundation
- Crawl Space
- Yes
Garage/Parking
- Other (Use Remarks)
- Yes
Driveway
- Concrete
- Yes
- Other (Use Remarks)
- Yes
Architectural Style
- More than 4
- Yes
- Other
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Equipment/Appliances
- Ceiling Fan
- Yes
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Cooling
- Central Air
- Yes
Heat
- Electric
- Yes
- Heat Pump
- Yes
- Natural Gas
- Yes
Amenities
- Bus Line
- Yes
- Cable TV
- Yes
- Trash
- Yes
Sale Includes
- All Furniture
- Yes
- Building and Land
- Yes
Proposed Financing
- Cash
- Yes
- Other (Use Agent Notes)
- Yes
Possession
- At Closing
- Yes
- Tenants Rights
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- Charleston Water Service
- Yes
- SCE & G
- Yes
Property Features
SqFt Source:
Previous Listing
Roof:
Architectural; Asphalt Shingle; Metal
Exterior:
Wood Siding
Foundation:
Crawl Space
Driveway:
Concrete; Other (Use Remarks)
Architectural Style:
More than 4; Other
Cooling:
Central Air
Heat:
Electric; Heat Pump; Natural Gas
Amenities:
Bus Line; Cable TV; Trash
Sale Includes:
All Furniture; Building and Land
Proposed Financing:
Cash; Other (Use Agent Notes)
Possession:
At Closing; Tenants Rights
Utility Suppliers:
Charleston Water Service; SCE & G
Listing Office:
The Boulevard Company
Last Updated: May - 12 - 2020
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