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MLS# 21019358 | Charleston Residential

$360,000 | 1 beds | 1 full baths | N/A half baths | 423 sqft

$290,000
78 Elliott House Inn Street
Charleston, SC 29401
  • 1Beds
  • 1Full Baths
  • N/AHalf Baths
  • 423SqFt
  • 1981Year Built
  • 0.00Acres
  • MLS# 21019358
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market4 months, 6 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionElliott House Inn

Overview

Great performance in 2021 so far! The Elliott House Inn is an amazing investment opportunity that rarely comes on market. This unit has not traded hands in 14 years! It is the largest on property and boasts spacious kitchenette and dining areas - certainly not common for this condo-tel community. This unit has been historically cash-flowing and is ready for its next owner. Located in the heart of historic Downtown Charleston, it is managed and run by Charlestowne Hotels. A condo-hotel community, the Inn has had historically high occupancy rates, making it a perfect addition to your real estate portfolio. We are seeing a surge in tourism post COVID which is reflecting in strong occupancy for 2021 thus far.This unit has been meticulously maintained and updated and has plenty of natural light. While the units at this property are usually booked, you do reserve the right to offer your unit to a guest (or to stay in yourself) for up to 28 of days out of the year. Guests can walk next door to Husk or 82 Queen and ride on complimentary bikes to downtown sights and attractions. If you're looking for a great real estate investment in the heart of downtown Charleston, #27 at The Elliott House Inn is ready for you! With parking across the street, a lush, private courtyard, breakfast, and happy hours with wine and cheese, this property is a favorite among visitors to Charleston. Want to learn more about how this property is run? Check out Charlestowne Hotels' website to learn more about what makes them one of the Top 25 Hotel Management Companies to Know in 2020 according to Lodging Magazine.This is one of the most unique units at the Elliott House Inn due to its larger size and additional features. The bathroom updates are very neutral, light, and approachable. This unit is also located near the elevator making it a perfect location in the community for ease. This community rarely has properties make it to market and investors are seeing the value in diversifying with the Elliott House Inn. This one will not last.


Sale Info

Listing Date: 07-16-2021

Sold Date: 11-23-2021

Aprox Days on Market: 
    4 month(s), 6 day(s)

Listing Sold: 
   2 Year(s), 4 month(s), 27 day(s) ago

Original Asking Price: $360,000

Asking Price: $360,000

Selling Price: $290,000

Price Difference From Original: 
Reduced By $70,000

Price Difference From Asking: 
Reduced By $70,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  1

Building Info

Levels:  One

Year Built:  1981

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street, Other (Use Remarks)

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, Eat-in Kitchen

Fireplace:  No

Lot Info

Lot Desc:  0 - .5 Acre

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Exterior:  Stucco

New Construction:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Condominium

Room Info

Beds:  1

Sale / Lease Info

Sold Date:  2021-11-23T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  423

Unit Info

Utilities / Hvac

Water Source:  Public

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Courtenay

High:  Burke

Directions

From Meeting Street, Turn Right Onto Queen Street, Community Is On The Right, 78 Queen.

Courtesy of listing office The Pulse Charleston 

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Price & Status History (on domicilecharleston.com since Fri, Jul 16th 2021)
  • Original Price: $360,000
  • Current Price: $360,000
  • Price Reduced: $0
Date ChangedFromTo
11/24/2021$290,000 $360,000 Increase by $70,000
11/24/2021$360,000 $290,000 Reduced by $70,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-19-2024 4:25 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-19-2024 4:25 PM EST est.

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