$1,145,000 | 5 beds | N/A full baths | N/A half baths | 2,256 sqft
Charleston, SC 29403
- 5Beds
- N/AFull Baths
- N/AHalf Baths
- 2,256SqFt
- 1840Year Built
- 0.16Acres
- MLS# 20030868
- Multi Family
- Sold
- Approx Time on Market4 months, 19 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Cannonborough
Overview
Located in the accommodations overlay zone, zoned limited business, and currently licensed as three separate short term rentals. This property has been operating as a vacation rental property for about 7 years. There are two, two bedroom apartments and a one bedroom cottage. The lot is large and according to the City of Charleston it is possible the cottage can be expanded into a larger residence. The main house dates back to about 1830. The roof on the main house was replaced in 2020 and there is a termite bond on the property. According to local vacation rental managers the property should bring in about $125,000 per year. Most furnishing will convey. Owner is licensed SC Broker.
Sale Info
Listing Date: 11-13-2020
Sold Date: 04-02-2021
Aprox Days on Market:
4 month(s), 19 day(s)
Listing Sold:
5 Year(s), 2 month(s), 13 day(s) ago
Original Asking Price: $1,145,000
Asking Price: $1,145,000
Selling Price: $1,080,000
Price Difference From Original:
Reduced By $65,000
Price Difference From Asking:
Reduced By $65,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Community Features: Bus Line
Bathroom Info
Building Info
Year Built: 1840
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Info
Lot Size: 0.16
Lot Size Units: Acres
Acres: 0.16
Lot Sqft: 6969.6
Irrigation Water Rights: No
Offer Compensation
Other
Security Features: Security System
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Special: Flood Insurance
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Triplex
Room Info
Beds: 5
Sale / Lease Info
Sold Date: 2021-04-02T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 456
Unit Sqft: 900
Unit Sqft: 900
Sqft: 2256
Unit Info
Number of Units Total: 3
Unit Bedrooms: 1
Unit Bedrooms: 2
Unit Bedrooms: 2
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Forced Air
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Located On The North Side Of Cannon Between Ashley And President Streets.Courtesy of listing office Lois Lane Properties
MLS# 23008604 
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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