$4,850,000

Estimated payment $31,494/month

Total Views 6,732
13 Beds
-- Bath
4,571 Sq Ft
$1,061 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • Central Air
  • Heat Pump System
  • Furnished
  • Ceiling Fan
  • 5-minute walk to Shiloh Park

About This Home

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 decoratedand 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.

Listing Agent

Jonathan Holt

Keller Williams Realty Charleston West Ashley License #46092 Listed on: 05/05/2025

Keller Williams Realty Charleston West Ashley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,493

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Slab Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 13 Bedrooms
  • 4,571 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Mitchell Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 3 Units
  • Cannonborough Elliotborough Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,493

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1995
  • Lot Size Acres: 0.17
  • Inclusions: All Furniture
  • Subdivision Name: Cannonborough-Elliotborough
  • 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.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Single Family Detached, Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Total Bedrooms: 13
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: Mitchell
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: No Utilities

Tax Info

  • Tax Map Number: 4601104081

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $56,493 $198,000 $0 $0
2022 $52,425 $198,000 $0 $0
2021 $16,310 $61,680 $0 $0
2020 $17,407 $61,680 $0 $0
2019 $15,903 $57,720 $0 $0
2017 $15,105 $57,720 $0 $0
2016 $14,696 $57,720 $0 $0
2015 $14,027 $57,720 $0 $0
2014 $14,363 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $4,850,000 0.0% $1,061 / Sq Ft
05/05/2025 05/05/25 For Sale $4,850,000 -- $1,061 / Sq Ft
Source: CHS Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,400,000 None Listed On Document
Deed $385,000 --
Deed -- --
Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,020 New Conventional
Previous Owner $2,445,000 New Conventional
Previous Owner $825,000 Commercial
Previous Owner $650,000 Seller Take Back
Previous Owner $797,000 Purchase Money Mortgage
Source: Public Records

Source: CHS Regional MLS

MLS Number: 25012404

CHS Regional MLS

APN: 460-11-04-081