22 Gadsden Street, Charleston, SC 29401 (MLS# 16030172)


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22 Gadsden Street, Charleston, SC 29401

$2,135,000
Property Type: Residential Bedrooms: 7 Baths: 5.5 Square Footage: 4,425 Lot Size (sq. ft.): 17,860 Status: Closed
Current Price: $2,270,000 List Date: 11/28/2016 Last Modified: 5/12/2020

Description

This one-of-a-kind property set in Charleston’s historic Harleston Village spans across three separate parcels comprising 0.41 acres. It includes a recently renovated Charleston Single front house at 22 Gadsden Street and an enormous double-lot duplex at the property’s rear. A painstaking top-to-bottom renovation was just completed at the circa-1880 front house, originally intended to be part of plans for an expansive compound that included future development of the rear. Now the property is just waiting for a new owner to take advantage of this rare opportunity. Options for the duplex include renting it out for cash flow, demolition with spec home development, continuing it as a private estate project, and many other lucrative possibilities!

Supplements: Contracting company Renew Urban and a San Francisco-based designer handled the meticulous front house renovation and stylish aesthetic enhancements, from comprehensive custom lighting to the unique selection of paint colors. This two-bedroom, two-and-a-half-bath, 1,916 square-foot home boasts an elegant and relaxed design that includes a beautiful open kitchen-living space and a master suite with an oversized bathroom and walk-in closet. The updated kitchen includes a new sink, faucet, finishes, Brazilian stone matte countertops, and a custom crafted mobile island. All bathrooms have new countertops, finishes, mirrors, and lighting. Reclaimed historic heart pine boards were installed in the ground floor addition to match the existing antique floors. Many other historic details can be found throughout the house including the original marble fireplace surround on the first floor. The house was pre-wired for digital connections in the living room, kitchen, and master bedroom to allow for modern television and audio equipment. Spray foam insulation was installed in the attic and crawl space, as well as two new state-of-the art, commercial-grade HVAC systems to improve energy efficiency and keep the house air tight. Every wall, door, window, and cabinet on the interior and exterior have been repainted. Outside off the den is a charming private garden, perfect for grilling out or enjoying a glass of wine with friends. Newly installed lush evergreen landscaping with irrigation and gas copper lighting surrounds the main house. There is also plenty of available storage in the garden shed for bikes and tools. Off the garden is a dedicated cobblestone driveway for easy access into the house. In the rear, the 1962 brick duplex rests on two individual 0.16 acre lots, totaling 0.32 acres. An access easement exists along the front house driveway into the duplex property for continuous access. Unit B has three bedrooms and two bathrooms and is 1,598 square feet. Unit C has two bedrooms and one bathroom and is 918 square feet. In rent last year, Unit B received $2,100/month and Unit C received $1,400/month, totaling $3,500/month. These rents could easily be raised with minor cosmetic improvements. Duplex to be sold as-is. Interpretation of current zoning allows for one individual single family residence to be built on each lot (equaling two homes total), should the next owner decide to decide to demolish the duplex and build two spec homes. Many other lucrative development schemes could be achieved should the next owner get property successfully rezoned. This is a property you must see for yourself to fully grasp the vast amount of potential for either a developer or individual buyer!

More Information MLS# 16030172

Location, Tax & Legal

Legal Description: 22 GADSDEN ST, 24, and 26 GADSDEN TMS No. 457-03-03-022 (22 Gadsden) TMS No. 457-03-03-149 (24 Gadsden) TMS No. 457-03-03-150 (26 Gadsden) Tax Map #: 4570303022 Street #: 22 Street Name: Gadsden Street Suffix: Street County: Charleston State: SC Zip Code: 29401 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Harleston Village Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Directions: Driving south of Rutledge Avenue, take right on Montagu Street, then left on Gadsden Street. 22 Gadsden Street will be on your left.

General Property Info

Stories: 2 Ownership: Fee Simple Potential Short Sale: No Bedrooms: 7 Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.5 Primary Structure Apx SqFt: 4425 Year Built: 1880 Acreage: 0.41

Status Change Info

Sold Price/SqFt: 482.49 New Mortgage Type: Cash Sold Date: 2017-10-26

SqFt Source

Builder/Owner: 1

Roof

Metal: 1 See Remarks: 1

Lot Description

0 - .5 Acre: 1 Other: 1

SF Detached Style

Charleston Single: 1

Exterior

Brick - Veneer: 1 Wood Siding: 1

Foundation

Crawl Space: 1

Garage/Parking

1 Car Carport: 1 Attached: 1 Off-Street Parking: 1 Other (Use Remarks): 1

Misc Exterior

Rain Gutters: 1

Stories/Levels

2 Stories: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Dryer: 1 Dryer Connection: 1 Gas Range: 1 Washer: 1 Washer Hookup: 1

Cooling

Central Air: 1 Other: 1

Rooms

Formal Living: 1 Great: 1 Other (Use Remarks): 1

Assumable

No: 1

Proposed Financing

Any: 1

Misc Interior

Ceilings - 9'+: 1 Walk-In Closets: 1 Window Treatments - All: 1 See Remarks: 1

New Owned

Pre-Owned: 1

Floors

Ceramic Tile: 1 Wood: 1 Other: 1

FP Desc/Location

Two: 1

Possession

At Closing: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 SCE & G: 1

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2016-11-28 Status: Closed List Price: $2,270,000 Current Price: $2,135,000

Property Features

SqFt Source: Builder/Owner SF Detached Style: Charleston Single Lot Description: 0 - .5 Acre; Other Misc Exterior: Rain Gutters Roof: Metal; See Remarks Exterior: Brick - Veneer; Wood Siding Foundation: Crawl Space Misc Interior: Ceilings - 9'+; Walk-In Closets; Window Treatments - All; See Remarks New Owned: Pre-Owned Rooms: Formal Living; Great; Other (Use Remarks) Cooling: Central Air; Other Floors: Ceramic Tile; Wood; Other Possession: At Closing Utility Suppliers: Charleston Water Service; SCE & G Proposed Financing: Any Assumable: No
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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