MLS# 1117954 | Queen Street Charleston SC | Downtown subdivision
843-225-7007
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Charleston, SC 29401
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1890Year Built
- 0.00Acres
- MLS# 1117954
- Multi Family
- Sold
- Approx Time on Market1 year, 3 months, 25 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionDowntown
Overview
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 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.
Sale Info
Listing Date: 07-21-2011
Sold Date: 11-16-2012
Aprox Days on Market: 
1 Year(s), 3 month(s), 25 day(s)
Listing Sold: 
11 Year(s), 5 month(s), 2 day(s) ago
Original Asking Price: $2,750,000
Asking Price: $3,800,000
Selling Price: $2,750,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Reduced By $1,050,000
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: 1890
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 Units: Acres
Acres: 0.00
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 4
New Construction: No
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Other
Room Info
Sale / Lease Info
Sold Date: 2012-11-16T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Unit Info
Number of Units Total: 16
Utilities / Hvac
Heating: No
Cooling: No
Waterfront / Water
Waterfront: No
Directions
Queen St.Courtesy of listing office Charlestowne Properties & Dev
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