$2,135,000
22 Gadsden Street
Charleston, SC 29401
MLS# 16030172
Status: Closed
7 beds  |  5.5 baths  |  4425 sqft


STP_4089
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STP_4089 22 Gadsden - Aerial View STP_4088 STP_4086 STP_4087 STP_4092 STP_4085 STP_4014 STP_4016 STP_4018 STP_4017 STP_4019 STP_4022 STP_4071 STP_4023 STP_4024 STP_4025 STP_4072 STP_4074 STP_4026 STP_4027 STP_4033 STP_4037 STP_4034 STP_4038 STP_4039 STP_4010 STP_4009 STP_4011 STP_4012 STP_4067 STP_4040 STP_4041 STP_4068 STP_4051 STP_4059 STP_4053 STP_4049 STP_4050 STP_4054 STP_4055 STP_4056 STP_4058 STP_4057 STP_4069 STP_4046 STP_4047 STP_4042 STP_4043 STP_4044 STP_4045 STP_4080 STP_4064 STP_4076 STP_4079 STP_4081 STP_4082 STP_4083 STP_4061 STP_4124 STP_4084 STP_4093 STP_4094 STP_4122 STP_4097 STP_4096 STP_4095 STP_4111 STP_4100 STP_4099 STP_4098 STP_4102 STP_4103 STP_4104 STP_4110 STP_4105 STP_4107 STP_4109 STP_4112 STP_4113 STP_4114 STP_4115 STP_4116 STP_4118 STP_4119 STP_4121

Property Description
This one-of-a-kind property set in Charleston’s historic Harleston Village spans across three separate parcels comprising 0.41 acres. It includes a recently renovated Charleston Single front house at 22 Gadsden Street and an enormous double-lot duplex at the property’s rear. A painstaking top-to-bottom renovation was just completed at the circa-1880 front house, originally intended to be part of plans for an expansive compound that included future development of the rear. Now the property is just waiting for a new owner to take advantage of this rare opportunity. Options for the duplex include renting it out for cash flow, demolition with spec home development, continuing it as a private estate project, and many other lucrative possibilities!

Details
Maps
Location, Tax & Legal
Legal Description: 22 GADSDEN ST, 24, and 26 GADSDEN TMS No. 457-03-03-022 (22 Gadsden) TMS No. 457-03-03-149 (24 Gadsden) TMS No. 457-03-03-150 (26 Gadsden)
Tax Map #: 4570303022
Street #: 22
Street Name: Gadsden
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29401
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Harleston Village
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Driving south of Rutledge Avenue, take right on Montagu Street, then left on Gadsden Street. 22 Gadsden Street will be on your left.
General Property Info
Stories: 2
Ownership: Fee Simple
Potential Short Sale: No
Bedrooms: 7
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.5
Primary Structure Apx SqFt: 4425
Year Built: 1880
Acreage: 0.41
Status Change Info
Sold Price/SqFt: 482.49
New Mortgage Type: Cash
Sold Date: 2017-10-26
SqFt Source
Builder/Owner: 1
Roof
Metal: 1
See Remarks: 1
Lot Description
0 - .5 Acre: 1
Other: 1
SF Detached Style
Charleston Single: 1
Exterior
Brick - Veneer: 1
Wood Siding: 1
Foundation
Crawl Space: 1
Garage/Parking
1 Car Carport: 1
Attached: 1
Off-Street Parking: 1
Other (Use Remarks): 1
Misc Exterior
Rain Gutters: 1
Stories/Levels
2 Stories: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Dryer: 1
Dryer Connection: 1
Gas Range: 1
Washer: 1
Washer Hookup: 1
Cooling
Central Air: 1
Other: 1
Rooms
Formal Living: 1
Great: 1
Other (Use Remarks): 1
Assumable
No: 1
Proposed Financing
Any: 1
Misc Interior
Ceilings - 9'+: 1
Walk-In Closets: 1
Window Treatments - All: 1
See Remarks: 1
New Owned
Pre-Owned: 1
Floors
Ceramic Tile: 1
Wood: 1
Other: 1
FP Desc/Location
Two: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
SCE & G: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2016-11-28
Status: Closed
List Price: $2,270,000
Current Price: $2,135,000
Property Features
SqFt Source: Builder/Owner
SF Detached Style: Charleston Single
Lot Description: 0 - .5 Acre; Other
Misc Exterior: Rain Gutters
Roof: Metal; See Remarks
Exterior: Brick - Veneer; Wood Siding
Foundation: Crawl Space
Misc Interior: Ceilings - 9'+; Walk-In Closets; Window Treatments - All; See Remarks
New Owned: Pre-Owned
Rooms: Formal Living; Great; Other (Use Remarks)
Cooling: Central Air; Other
Floors: Ceramic Tile; Wood; Other
Possession: At Closing
Utility Suppliers: Charleston Water Service; SCE & G
Proposed Financing: Any
Assumable: No
Supplements
Contracting company Renew Urban and a San Francisco-based designer handled the meticulous front house renovation and stylish aesthetic enhancements, from comprehensive custom lighting to the unique selection of paint colors. This two-bedroom, two-and-a-half-bath, 1,916 square-foot home boasts an elegant and relaxed design that includes a beautiful open kitchen-living space and a master suite with an oversized bathroom and walk-in closet. The updated kitchen includes a new sink, faucet, finishes, Brazilian stone matte countertops, and a custom crafted mobile island. All bathrooms have new countertops, finishes, mirrors, and lighting. Reclaimed historic heart pine boards were installed in the ground floor addition to match the existing antique floors. Many other historic details can be found throughout the house including the original marble fireplace surround on the first floor. The house was pre-wired for digital connections in the living room, kitchen, and master bedroom to allow for modern television and audio equipment. Spray foam insulation was installed in the attic and crawl space, as well as two new state-of-the art, commercial-grade HVAC systems to improve energy efficiency and keep the house air tight. Every wall, door, window, and cabinet on the interior and exterior have been repainted. Outside off the den is a charming private garden, perfect for grilling out or enjoying a glass of wine with friends. Newly installed lush evergreen landscaping with irrigation and gas copper lighting surrounds the main house. There is also plenty of available storage in the garden shed for bikes and tools. Off the garden is a dedicated cobblestone driveway for easy access into the house. In the rear, the 1962 brick duplex rests on two individual 0.16 acre lots, totaling 0.32 acres. An access easement exists along the front house driveway into the duplex property for continuous access. Unit B has three bedrooms and two bathrooms and is 1,598 square feet. Unit C has two bedrooms and one bathroom and is 918 square feet. In rent last year, Unit B received $2,100/month and Unit C received $1,400/month, totaling $3,500/month. These rents could easily be raised with minor cosmetic improvements. Duplex to be sold as-is. Interpretation of current zoning allows for one individual single family residence to be built on each lot (equaling two homes total), should the next owner decide to decide to demolish the duplex and build two spec homes. Many other lucrative development schemes could be achieved should the next owner get property successfully rezoned. This is a property you must see for yourself to fully grasp the vast amount of potential for either a developer or individual buyer!

IDX
Listing Office: William Means Real Estate, LLC

Last Updated: May - 12 - 2020

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