11 George Street, Charleston, SC 29401 (MLS# 17023135)


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11 George Street, Charleston, SC 29401

$3,410,000
Property Type: Residential Bedrooms: 10 Baths: 6 Square Footage: 6,017 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $3,495,000 List Date: 8/17/2017 Last Modified: 5/12/2020

Description

Step inside the City Centre Inn, a 6,000+ sq. ft. property in the heart of downtown in Charleston's historic Ansonborough neighborhood, that boasts four licensed guest suites in addition to the owner's quarters. Built in 1813 and known as The Mary Scott House, this home has recently undergone extensive renovations by the owners and is currently operated as a legal Bed and Breakfast. This exquisite property is zoned STR and features a large parking lot in the rear with up to 10 parking spaces. City Centre Inn is just a short walk from the best restaurants, shops, and entertainment downtown Charleston has to offer. This is an opportunity that does not come up often, to take over a successful business while living in the heart of the number one city in the world. The first floor carriage

Supplements: house Mod Suite with its exposed brick walls and wide framed windows includes a spa-like renovated bathroom and kitchen as well as a private outdoor seating area adjacent to the private entrance. The second floor carriage house just above the Mod Suite is known as the MacKenzie Suite and includes a bedroom, sizable open living room, and full kitchen, as well as a newly updated spa-like bathroom with dual vanity sinks and a spacious glass doored shower. The suite enjoys a private entrance with outdoor seating and has newly installed centralized air conditioning and heating. The third suite, also on the first floor, is known as the Coastal Suite and boasts two historic fireplaces that add so much character and charm to the space, anchored by a large bedroom, living room and kitchen, as well as an outdoor porch. This suite will currently sleep three guest with its comfortable living space that features a day bed. The newly designed and renovated spa-like bathroom features a marble top double vanity and spacious river rock tile shower. The second story Mary Scott Suite offers ten foot ceilings, original hardwood floors and a charming historic fireplace. Its beautifully updated bathroom features marble countertops, glass doored shower, and private toilet area surrounded by exposed brick. A small breakfast bar and library kitchenette sits among built-in cabinets and a small seating area, the perfect perch from which to enjoy a cup of coffee and the morning paper. The spacious bedroom offers a large sitting area. Venture onto the second floor piazza to take in its views of the neighborhood from the relaxing chaise or hammock. The suite enjoys a private entrance and has newly installed centralized air conditioning and heating. The newly renovated owner's suite is a very inviting and stunning area of the property. The large quarters feature a gorgeous kitchen with top of the line appliances, bar stool seating with a beautiful granite island, walk-in pantry, and rustic exposed beams. Owners will enjoy a formal dining room, formal living room with soaring ceilings, and a comfortable family room with lots of natural light from the double doors opening to the full porch balcony. A freshly renovated full bathroom also accompanies the first floor of the owners suite. Upstairs you will find the master bedroom, large spa-like bathroom, and an enormous walk-in closet designed like a personal dressing room. The owner's suite also has access to a private porch area on the second floor. This rare opportunity to own a successful Bed and Breakfast business in Charleston's coveted Ansonborogh historic neighborhoods is not to be missed. Easily recognized, the ways to generate higher income are endless. The Coastal Suite could consist of another finished bedroom to sleep additional guests. This room is currently being used for storage, but there is plenty of storage space throughout the property. The Mary Scott suite could also become a two to four bedroom suite. The second optional bedroom is already in place but is currently being used as a formal living room for the owner's' quarters. There are two dormer rooms on the third floor of this suite currently being used for storage. Adding just two more bedrooms total to the property would be a fantastic way to accommodate more guests ultimately increasing revenue. The property has a "little house" in the rear that is currently unfinished on the interior and used as storage. The exterior has been freshly updated and features a new roof. This could potentially be another option for increasing revenue. These smoke free and pet free guest suites include room for ten spacious on-site off-street parking spaces. A short walk or pedi cab ride to all of the peninsula's best restaurants, shopping, and performing arts venues, this home's unique layout offers investors a revenue generating property in Travel + Leisure magazine's #1 city in the world. Sale includes fully furnished suites with exception of a few personal items. Property is located in an X flood zone.

More Information MLS# 17023135

Location, Tax & Legal

Legal Description: 11 GEORGE Tax Map #: 4580103003 Street #: 11 Street Name: George Street Suffix: Street County: Charleston State: SC Zip Code: 29401 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Ansonborough Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Directions: George Street between Anson and Meeting

General Property Info

Stories: 3 HOA Fee: No Ownership: Fee Simple Lease Purchase: No Potential Short Sale: No Bedrooms: 10 Baths - Full: 6 Baths - Total: 6 Primary Structure Apx SqFt: 6017 Year Built: 1813 Acreage: 0.27

Tax/Fees

Taxes: 8733 Regime Fee: No

Status Change Info

Sold Price/SqFt: 566.73 New Mortgage Type: Cash Sold Date: 2017-11-14

SqFt Source

Builder/Owner: 1

Roof

Architectural: 1 Metal: 1 Slate: 1

Lot Description

High: 1

SF Detached Style

Charleston Single: 1 Live/Work: 1

Exterior

Stucco: 1

Foundation

Crawl Space: 1

Garage/Parking

1 Car Carport: 1 Off-Street Parking: 1

Misc Exterior

Porch - Full Front: 1 Rain Gutters: 1 Some Thermal Wnd/Doors: 1 Storage: 1

Stories/Levels

3 Stories: 1 Split-Level: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Cooktop: 1 Refrigerator: 1 Washer: 1

Cooling

Central Air: 1

Heat

Forced Air: 1

Rooms

Family: 1 Formal Living: 1 Foyer: 1 Mother-In-Law Suite: 1 Pantry: 1 Separate Dining: 1 Sun: 1

Amenities

Trash: 1

Assumable

No: 1

Proposed Financing

Cash: 1 Conventional Loan: 1

Misc Interior

Ceiling - Beamed: 1 Ceiling - Smooth: 1 Ceilings - 9'+: 1 Garden Tub/Shower: 1 Kitchen Island: 1 Walk-In Closets: 1

New Owned

Pre-Owned: 1

Floors

Wood: 1 Other: 1

FP Desc/Location

Bedroom: 1 Dining Room: 1 Living Room: 1

Possession

At Closing: 1

Showing Instructions

Contact Listing Agent: 1

Special

Live/Work Unit: 1 Right of First Refusal: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 SCE & G: 1

Green Features

Energy Star Roofing: 1

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2017-08-17 Status: Closed List Price: $3,495,000 Current Price: $3,410,000

Property Features

SqFt Source: Builder/Owner SF Detached Style: Charleston Single; Live/Work Lot Description: High Misc Exterior: Porch - Full Front; Rain Gutters; Some Thermal Wnd/Doors; Storage Roof: Architectural; Metal; Slate Exterior: Stucco Foundation: Crawl Space Misc Interior: Ceiling - Beamed; Ceiling - Smooth; Ceilings - 9'+; Garden Tub/Shower; Kitchen Island; Walk-In Closets New Owned: Pre-Owned Rooms: Family; Formal Living; Foyer; Mother-In-Law Suite; Pantry; Separate Dining; Sun Cooling: Central Air Floors: Wood; Other Heat: Forced Air Possession: At Closing Showing Instructions: Contact Listing Agent Utility Suppliers: Charleston Water Service; SCE & G Special: Live/Work Unit; Right of First Refusal Amenities: Trash Proposed Financing: Cash; Conventional Loan Assumable: No Green Features: Energy Star Roofing
Listing Office: William Means Real Estate, LLC
IDX
Last Updated: May - 12 - 2020
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. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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