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321 Ashley Avenue, Charleston, SC 29403
$3,900,000
Property Type:
MultiFamily
Square Footage:
12,825
Lot Size (sq. ft.):
10,890
Status:
Closed
Current Price:
$3,750,000
List Date:
3/04/2020
Last Modified:
12/08/2021
Description
Almost 13,000 SF of desirable, high end rentals, this incredible investment includes 4 buildings, 7 units, 28 bedrooms sprawling over an entire city block. Two modern new builds, w/ 4 units, all 4 br's & 4.5 baths, 1750 sf each. These units are graciously configured to spread out over 3 private floors, w/ highly desirable private roof top decks, luxury kitchens, shiplap ceilings, coastal chic design & views galore. Flanking either end of these new construction buildings, are 2 historic Charleston homes, one fronting Ashley Avenue (2 units) & another fronting Orrs Court (1 unit). Both historic buildings were just renovated in January 2018. All structures raised out of Flood Zone and built to the highest standards. Entire property is fully leased through July 31, 2021
More Information MLS# 20006265
Contract Info
MLS List Date: 2020-03-04
Status: Closed
List Price: $3,750,000
Current Price: $3,900,000
Location, Tax & Legal
Tax Map #: 4600702049
Street #: 321
Street Name: Ashley
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29403
Area: 52 - Peninsula Charleston Outside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: City of Charleston
Elementary School: Mitchell
Middle School: Camp Road
High School: Burke
Legal Description: 321 Ashley Ave & 10 0rrs Court 7 apartments with 28 bedrooms and 28 bathrooms.
Directions: From I-26 E, follow signs for US-17 S/Savannah, Continue onto Septima Clark Pkwy, Turn right onto Ashley Ave
General Property Info
Number of Units: 7
# Stories: 3
Ground Level: No
Primary Structure Apx SqFt: 12825
Year Built: 2017
Acreage: 0.25
Lease Purchase: No
Potential Short Sale: No
Income, Expenses & Fees
Auction: No
Office/Member Info
Buyers Agency Compensation: 3000
Buyers Agency Compensation Type: $
Status Change Info
Sold Date: 2021-12-07
Sold Price/SqFt: 304.09
New Mortgage Type: Other
Unit 1
SqFt: 2050
Bedrooms: 4
Baths: 4.5
Unit 2
SqFt: 1750
Bedrooms: 4
Baths: 4.5
Unit 3
SqFt: 1750
Bedrooms: 4
Baths: 4.5
Unit 4
SqFt: 1750
Bedrooms: 4
Baths: 4.5
Unit 5
SqFt: 1750
Bedrooms: 4
Baths: 4.5
Unit 6
SqFt: 1725
Baths: 4
Unit 7
SqFt: 2050
Bedrooms: 4
Baths: 4
Property Features
SqFt Source: Builder/Owner
Roof: Architectural; Metal
Exterior: Wood Siding
Foundation: Piling
Driveway: Gravel
Architectural Style: Duplex; High Rise; Single Family Detached
New Owned/Pre-owned: Pre-Owned
Equipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Dryer; Electric Range; Fire Sprinkler; Microwave; Stacked Washer/Dryer; Washer
Cooling: Central Air
Heat: Electric
Sale Includes: Building and Land
Tenant Pays: All Utilities
Proposed Financing: Any
Possession: At Closing; Tenants Rights
Water/Sewer: Public Sewer; Public Water
Listing Office: Keller Williams Realty Charleston West Ashley
Last Updated: December - 08 - 2021
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
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.
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