221 Ashley Avenue Abc, Charleston, SC 29403 (MLS# 25012404)

221 Ashley Avenue Abc, Charleston, SC 29403

$4,850,000
Property Type: MultiFamily Square Footage: 4,571 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $4,850,000 List Date: 5/05/2025 Last Modified: 9/16/2025

Description

The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decorated

Supplements: and updated, offering turnkey functionality for continued short-term rental success. All furnishings and décor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.

More Information MLS# 25012404

Contract Info

Primary Structure List Price/SqFt: 1061.04 MLS List Date: 2025-05-05 Status: Active List Price: $4,850,000 Current Price: $4,850,000

Location, Tax & Legal

Unit #: Abc Legal Description: 221 ASHLEY AVE Tax Map #: 4601104081 Street #: 221 Street Name: Ashley Street Suffix: Avenue County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Cannonborough-Elliotborough Elementary School: Mitchell Middle School: Simmons Pinckney High School: Burke Directions: From Hwy 17 N headed into Charleston, stay right to turn onto Lockwood Dr, take a left at Calhoun St, then take a left onto Ashley Ave, property will be on your left.

General Property Info

# Stories: 2 Ground Level: Yes Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No Number of Units: 3 Primary Structure Apx SqFt: 4571 Year Built: 1995 Acreage: 0.17

Income, Expenses & Fees

Auction: No

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

SqFt Source

Previous Listing: 1 Tax Records: 1

Unit 1

Bedrooms: 5 Baths: 4.5

Unit 2

Bedrooms: 4 Baths: 4

Unit 3

Bedrooms: 4 Baths: 4

Roof

Architectural: 1

Exterior

Stucco: 1

Foundation

Slab: 1

Zoning

Conforming: 1

Garage/Parking

Other (Use Remarks): 1

Driveway

Concrete: 1

Architectural Style

Duplex: 1 Single Family Detached: 1 Triplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Dryer: 1 Electric Dryer Hookup: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Washer Hookup: 1

Cooling

Central Air: 1

Heat

Heat Pump: 1

Amenities

Cable TV: 1 Trash: 1

Sale Includes

All Furniture: 1 Building and Land: 1

Proposed Financing

Cash: 1 Conventional Loan: 1

Tenant Pays

No Utilities: 1

Possession

At Closing: 1 Tenants Rights: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 Dominion Energy: 1

Property Features

SqFt Source: Previous Listing; Tax Records Roof: Architectural Exterior: Stucco Foundation: Slab Driveway: Concrete Architectural Style: Duplex; Single Family Detached; Triplex Zoning: Conforming Cooling: Central Air Heat: Heat Pump Amenities: Cable TV; Trash Sale Includes: All Furniture; Building and Land Tenant Pays: No Utilities Proposed Financing: Cash; Conventional Loan Possession: At Closing; Tenants Rights Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: Keller Williams Realty Charleston West Ashley
IDX
Last Updated: September - 16 - 2025
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