MLS# 22002667 | 201 Ashley Avenue Charleston SC | Cannonborough subdivision
843-225-7007
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Charleston, SC 29403
- 9Beds
- N/AFull Baths
- N/AHalf Baths
- 4,020SqFt
- 1852Year Built
- 0.16Acres
- MLS# 22002667
- Multi Family
- Sold
- Approx Time on Market2 months, 3 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionCannonborough
Overview
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 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.
Sale Info
Listing Date: 02-03-2022
Sold Date: 04-07-2022
Aprox Days on Market: 
2 month(s), 3 day(s)
Listing Sold: 
2 Year(s), 1 month(s), 4 day(s) ago
Original Asking Price: $3,900,000
Asking Price: $3,900,000
Selling Price: $3,775,000
Price Difference From Original:
Reduced By $125,000
Price Difference From Asking:
Reduced By $125,000
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: 1852
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.16
Lot Size Units: Acres
Acres: 0.16
Lot Sqft: 6969.6
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: Architectural, Asphalt, Metal
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, More than 4
Room Info
Beds: 9
Sale / Lease Info
Sold Date: 2022-04-07T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Sqft: 4020
Unit Info
Unit Bedrooms: 2
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Number of Units Total: 8
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Unit Bedrooms: 1
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Located On The Corner Of Ashley Avenue And Bee Streets. Parking Is On Bee StreetCourtesy of listing office AgentOwned Realty Charleston Group - 843-769-5100
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