$3,900,000 | 9 beds | N/A full baths | N/A half baths | 4,020 sqft

$3,775,000
201 Ashley Avenue
Charleston, SC 29403
  • 9Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,020SqFt
  • 1852Year Built
  • 0.16Acres
  • MLS# 22002667
  • Multi Family
  • Sold

  • Approx Time on Market2 months, 3 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionCannonborough

Overview

Circa 1852 Historic Inn built by Alexander Back, Managing Partner of West Point Rice Mill, the Ashley Inn features seven comfortable guest rooms each individually rented, grand verandas, beautiful views and a great location to explore the city. In addition to the main house, there is a separate carriage house with two bedrooms and two baths, also eligible for short-term rentals (STR). When entering the main inn, there are two open sitting rooms which were the original living and dining rooms. The main house boasts wide covered piazzas 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 and character guests seek when visiting Charleston.The first floor has a queen bedroom with private bath and veranda access. In addition, there is another room and full bathroom for general guest usage which would also make excellent owner/employee office space or other flex space usage.The second floor has four additional rooms. A studio with twin size day bed and trundle, with full private bath. Then there are three separate queen suites with full baths, each with semi-private veranda access. The third floor has a queen studio with full private bath and a larger suite with queen bed, sleeper sofa and full private bathroom.The two-bedroom apartment has an open living and dining downstairs flow, with separate kitchen. Upstairs are two bedrooms and two ensuite bathrooms.Between the two buildings is a laundry and linen/supply storage room. The inn is set on a high foundation with ample storage space for bikes.The property includes nine parking spaces on-site for guests.Zoned for a Limited Business use and located within the Short-Term Rental Overlay, the property is currently 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, with a few exceptions.


Sale Info

Listing Date: 02-03-2022

Sold Date: 04-07-2022

Aprox Days on Market: 
    2 month(s), 3 day(s)

Listing Sold: 
   2 Year(s), 20 day(s) ago

Original Asking Price: $3,900,000

Asking Price: $3,900,000

Selling Price: $3,775,000

Price Difference From Original: 
Reduced By $125,000

Price Difference From Asking: 
Reduced By $125,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1852

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.16

Lot Size Units:  Acres

Acres:  0.16

Lot Sqft:  6969.6

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  2

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Roof:  Architectural, Asphalt, Metal

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Duplex, More than 4

Room Info

Beds:  9

Sale / Lease Info

Sold Date:  2022-04-07T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Sqft:  4020

Unit Info

Unit Bedrooms:  2

Unit Bedrooms:  1

Unit Bedrooms:  1

Unit Bedrooms:  1

Number of Units Total:  8

Unit Bedrooms:  1

Unit Bedrooms:  1

Unit Bedrooms:  1

Unit Bedrooms:  1

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

Located On The Corner Of Ashley Avenue And Bee Streets. Parking Is On Bee Street

Courtesy of listing office AgentOwned Realty Charleston Group  - 843-769-5100

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
Price & Status History (on maisonchs.com since Thu, Feb 3rd 2022)
  • Original Price: $3,900,000
  • Current Price: $3,900,000
  • Price Reduced: $0
Date ChangedFromTo
04/07/2022$3,775,000 $3,900,000 Increase by $125,000
04/07/2022$3,900,000 $3,775,000 Reduced by $125,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Maison Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-27-2024 1:25 PM EST . 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. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-27-2024 1:25 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)

843-769-5100