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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
Primary Structure List Price/SqFt: 292.4
MLS List Date: 2020-03-04
Status: Closed
List Price: $3,750,000
Current Price: $3,900,000
Location, Tax & Legal
Legal Description: 321 Ashley Ave & 10 0rrs Court 7 apartments with 28 bedrooms and 28 bathrooms.
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
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
# Stories: 3
Ground Level: No
Lease Purchase: No
Potential Short Sale: No
Number of Units: 7
Primary Structure Apx SqFt: 12825
Year Built: 2017
Acreage: 0.25
Income, Expenses & Fees
Auction: No
Status Change Info
Sold Price/SqFt: 304.09
New Mortgage Type: Other
Sold Date: 2021-12-07
SqFt Source
Builder/Owner: 1
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
Roof
Architectural: 1
Metal: 1
Exterior
Wood Siding: 1
Foundation
Piling: 1
Driveway
Gravel: 1
Architectural Style
Duplex: 1
High Rise: 1
Single Family Detached: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Fire Sprinkler: 1
Microwave: 1
Stacked Washer/Dryer: 1
Washer: 1
Cooling
Central Air: 1
Heat
Electric: 1
Sale Includes
Building and Land: 1
Proposed Financing
Any: 1
Tenant Pays
All Utilities: 1
Possession
At Closing: 1
Tenants Rights: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Property Features
SqFt Source: Builder/Owner
Roof: Architectural; Metal
Exterior: Wood Siding
Foundation: Piling
Driveway: Gravel
Architectural Style: Duplex; High Rise; Single Family Detached
Cooling: Central Air
Heat: Electric
Sale Includes: Building and Land
Tenant Pays: All Utilities
Proposed Financing: Any
Possession: At Closing; Tenants Rights
Listing Office:
Keller Williams Realty Charleston West Ashley
Last Updated: December - 08 - 2021
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