$2,750,000
0 Queen Street
Charleston, SC 29401
MLS# 1117954
Status: Closed



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Property Description
This is two contiguous property's 46 & 50 Queen St. MLS# 1117951 46 Queen offered at $2,200,000 MLS# 1117953 offered at $1,700,000. This listing includes two historically significant main buildings, plus their related outbuildings (kitchen house, carriage house, and stable house), plus 18 off street parking spots which is almost unheard of in the Historic District. Attached are detailed drawings showing the SF of each building, each unit, paved basements, and parking areas. Currently used as 16 apartments and one retail space, this property easily could be converted to condominiums. Other possibilities include a bed and breakfast, or conversion of portions back to a dramatic single family mansion house. This property is only 1/2 block from the Mills House Hotel and 3 blocks to the hotels

Details
Maps
Location, Tax & Legal
Legal Description: LEGAL: 50 & 52 QUEEN LEGAL: 46 & 48 QUEEN
Tax Map #: 4580901078
Street Name: Queen
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29401
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Downtown
Elementary School: Memminger
Middle School: Courtenay
High School: Burke
Directions: Queen St.
General Property Info
# Stories: 4
Ground Level: Yes
Lease Purchase: No
Potential Short Sale: No
Number of Units: 16
Year Built: 1890
Income, Expenses & Fees
Gross Income: 180000
Auction: No
Status Change Info
New Mortgage Type: Seller Finance
Sold Date: 2012-11-16
SqFt Source
Appraisal: 1
Architectural Style
Other: 1
New Owned/Pre-owned
Pre-Owned: 1
Contract Info
MLS List Date: 2011-07-21
Status: Closed
List Price: $3,800,000
Current Price: $2,750,000
Property Features
SqFt Source: Appraisal
Architectural Style: Other
Supplements
at the Waterfront Park which is at the end of the street. You can see the Waterfront Park from the front of the property. No facade easement has been taken so there is potential for large tax write-off. Rental history is near 100% because of location location location and off street parking. Financials will be provided to all serious inquiries, but is currently grossing about $180k. 46 Queen St is a four story brick and stucco mansion house from approximately 1799, with 12' ceilings, original fireplaces in each unit, wide piazzas. There are 7 apartments in the main house. The kitchen house is two story brick 2/1. The carriage house has two 2BDRM/1 Bath units. The stable house is a 1/1 with its own private courtyard. Adjacent is 50 Queen St., a three story brick and stucco house from approximately 1890, with 12' ceilings. 50 Queen has a retail unit on the first floor and 5 apartments. Both properties have high elevations allowing them to have fully paved basements which provide all the space necessary to run a B & B or for maintenance areas. Seller is a broker. Much of this property has been owned by the family for over 100 years. This is a true gem of a property with unlimited potential.

IDX
Listing Office: Charlestowne Properties & Dev

Last Updated: May - 12 - 2020

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