$1,789,000 | 10 beds | N/A full baths | N/A half baths | 4,536 sqft

$1,675,000
262 Ashley Avenue
Charleston, SC 29403
  • 10Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,536SqFt
  • 1890Year Built
  • 0.09Acres
  • MLS# 23018067
  • Multi Family
  • Sold

  • Approx Time on Market5 months, 21 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionCannonborough

Overview

Beautiful historic 4-unit Multifamily in downtown Charleston. Studs out renovation in 2016. All HVAC, electrical, plumbing, and appliances replaced during renovation. This home has lots of Character with exposed beams, hardwood floors, custom paint, gas appliances. Walking distance to all that downtown Charleston has to offer. This is truly a great place for your Tenants to call home. Live in one unit and rent out the other 3. Property projected gross income is $136,800 and Net $79,495 per year. This is a great rental property and all units are leased thru 2024.


Sale Info

Listing Date: 08-09-2023

Sold Date: 01-31-2024

Aprox Days on Market: 
    5 month(s), 21 day(s)

Listing Sold: 
    2 month(s), 28 day(s) ago

Original Asking Price: $1,850,000

Asking Price: $1,789,000

Selling Price: $1,675,000

Price Difference From Original: 
Reduced By $175,000

Price Difference From Asking: 
Reduced By $114,000

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:  1890

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:  0.09

Lot Size Units:  Acres

Acres:  0.09

Lot Sqft:  3920.399999

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:  Metal

Property Subtype:  None

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Quadruplex

Room Info

Beds:  10

Sale / Lease Info

Sold Date:  2024-01-31T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Sqft:  4536

Unit Info

Number of Units Total:  4

Unit Bedrooms:  3

Unit Bedrooms:  3

Unit Bedrooms:  2

Unit Bedrooms:  2

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Courtenay

High:  Burke

Directions

Ashley Headed North, Building Is On The Right, After Bogard

Courtesy of listing office Realty One Group Coastal 

Mortgage Calculator

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Price & Status History (on maisonchs.com since Wed, Aug 9th 2023)
  • Original Price: $1,850,000
  • Current Price: $1,789,000
  • Price Reduced: $61,000
Date ChangedFromTo
02/01/2024Active ContingentSold
01/12/2024ActiveActive Contingent
11/21/2023$1,850,000 $1,789,000 Reduced by $61,000

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 04-28-2024 12:28 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 04-28-2024 12:28 PM EST est.

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