Bought with Lois Lane Properties
$2,800,000
$2,899,995
3.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6,025 SqFt
SOLD DATE : 06/11/2021
Key Details
Sold Price $2,800,000
Property Type Multi-Family
Sub Type Quadruplex, Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,025 sqft
Price per Sqft $464
Subdivision Cannonborough-Elliotborough
MLS Listing ID 20015529
Sold Date 06/11/21
Bedrooms 8
Year Built 1910
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Quadruplex, Single Family Detached
Property Description
A great opportunity to step into an existing business with continual cash flow that has bookings into 2021. The 196 Rutledge Avenue Inn, circa 1910, has been operating since 2011. We invite you to review for yourself over 800-5 star reviews of our rental history. The main house was renovated down to the studs in 2008. All electric, plumbing, and HVAC were updated at that time. A ''cottage'' was built at 194 Rutledge Avenue in 2008, beside the main house. There is off-street parking for 8 cars. The main house boasts high ceiling with original molding and mahogany inlaid wood floors. Units A and B have spacious open-concepts, measuring over 1350 sq. ft with two large bedrooms and two and a half bathrooms. Units C & D are 800 sq.ft each and feature 1BR/1BA. Agent is part owner.The cottage is approximately 1550 sq.ft. It is a 2 story single unit that has 2BR/2.5BA. It has a private fenced front yard that a gorgeous grand magnolia tree that provides wonderful shade for your afternoon tea or cocktails. The cottage is setback from Rutledge Avenue which provide a quiet and private setting that can be unique to an urban setting.
Other features: Carrara marble countertops throughout cover custom cabinets in the kitchens and bathroom vanities. High-end stainless steel appliances featuring some built-in refrigerators, duel-fuel ranges with electric convection ovens, large under-mount sinks, and Bosch dishwashers. All units have washer and dryers.
Don't miss out on an excellent opportunity to own a piece of Historic Charleston.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Heat Pump
Cooling Central Air
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Architectural, Metal
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type See Remarks, Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Financing Any
Special Listing Condition Flood Insurance
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