$3,775,000
201 Ashley Avenue
Charleston, SC 29403
MLS# 22002667
Status: Closed
4020 sqft


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Property Description
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

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 970.15
MLS List Date: 2022-02-03
Status: Closed
List Price: $3,900,000
Current Price: $3,775,000
Location, Tax & Legal
Legal Description: 201 ASHLEY AVE AND BEE
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: Located on the corner of Ashley Avenue and Bee Streets. Parking is on Bee Street
General Property Info
# Stories: 2
Ground Level: No
Lease Purchase: No
Potential Short Sale: No
Number of Units: 8
Primary Structure Apx SqFt: 4020
Year Built: 1852
Acreage: 0.16
Income, Expenses & Fees
Auction: No
Status Change Info
Sold Price/SqFt: 939.05
New Mortgage Type: Other
Sold Date: 2022-04-07
SqFt Source
Builder/Owner: 1
Unit 1
Bedrooms: 1
Baths: 1
Unit 2
Bedrooms: 1
Baths: 1
Unit 3
Bedrooms: 1
Baths: 1
Unit 4
Bedrooms: 1
Baths: 1
Unit 5
Bedrooms: 1
Baths: 1
Unit 6
Bedrooms: 1
Baths: 1
Unit 7
Bedrooms: 1
Baths: 1
Unit 8
Bedrooms: 2
Baths: 3
Roof
Architectural: 1
Asphalt Shingle: 1
Metal: 1
Exterior
Wood Siding: 1
Foundation
Crawl Space: 1
Driveway
Gravel: 1
Architectural Style
Duplex: 1
More than 4: 1
New Owned/Pre-owned
Pre-Owned: 1
Cooling
Central Air: 1
Heat
Electric: 1
Sale Includes
All Furniture: 1
Building and Land: 1
Proposed Financing
Cash: 1
Other (Use Agent Notes): 1
Tenant Pays
No Utilities: 1
Possession
At Closing: 1
Tenants Rights: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Builder/Owner
Roof: Architectural; Asphalt Shingle; Metal
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Gravel
Architectural Style: Duplex; More than 4
Cooling: Central Air
Heat: Electric
Sale Includes: All Furniture; Building and Land
Tenant Pays: No Utilities
Proposed Financing: Cash; Other (Use Agent Notes)
Possession: At Closing; Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
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.

IDX
Listing Office: AgentOwned Realty Charleston Group

Last Updated: April - 07 - 2022

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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