NOT LISTED FOR SALE
7 Beds
-- Bath
3,842 Sq Ft
5,227 Sq Ft Lot

Last Sold August 22, 2019

Last sale price $1,465,000 $381 Per Sq Ft

136 Days on Market

Highlights

  • 0.12 Acre Lot
  • Heating Available
  • 4-minute walk to Elliotborough Park and Community Garden
  • Wood Siding

About This Home

As of August 2019

This beautifully restored, Carolopolis award winning circa 1901 Queen Ann Victorian has not been for sale in over two decades. The property is zoned commercial (LB) Limited Business and is located within the STR/Short Term Rental accommodations overlay zone and has an STR approval in hand. This is a unique investment opportunity to generate income, or owner occupy a portion and lease out the remaining for income. This property offers total of 7 Bedrooms including bonus room as a additional bedroom or office and 5 bathrooms. With a total of 4 units ..there are 2 units on first floor and 1 unit on the second floor and 1 detached 1 Bedroom Cottage.Named the ''Arthur T. Simmons House'', it features a two-story tiered wrap around porch with an elaborate spool frieze, jigsaw cut bracket panThe front façade is distinguished by a two-story bay with unusual rounded corners and imbricated shingles. Step off the porch into the beautifully manicured and professionally landscaped gardens. The wrought iron fence is original and the iron porch railings were crafted by blacksmith Mr. Simmons. The interior features, eleven-foot ceilings, original woodwork throughout, heart pine floors, mahogany and tiger oak mantels, Eastlake brass door hardware and detailed wood craftsmanship. Included are 2 tandem parking spaces in the driveway with potentially 3 more added parking spots in the seller's adjacent lot with deeded access rights to convey to buyer. Standing seam metal roof. The exterior of this property was freshly painted in 2018. Most interior units were freshly painted in 2018. All wiring and plumbing have been updated. New tankless water heaters. 4 electric and 4 water meters. A small detached storage building with plumbing and electricity can be used for an Artroom, Workshop, She shed or Hobby room or Laundry room.

Each unit having their own private and separate access entrances and some off street parking and Washer and Dryer features.
Unit A - on the first floor has 2 bedrooms and 2 bathrooms
Unit B - on the second floor has 2 bedrooms, and 1 bathroom w/ a small bonus room currently being used as a large walk in closet which has been permitted as a 3rd bedroom in the STR license.
There is no unit C.
Unit D - is a Detached Cottage built in 2004 with 1 bedroom and 1 bath and off street parking and private landscaped garden courtyard.
Unit E - studio apartment with kitchenette and 1 full bath with private wooden deck and little yard area.
This commercial zoned space can be used for a variety of businesses including STR Short Term Rentals providing the new owner with endless capabilities.
Don't miss this opportunity to be in the legal Short term or long term rental district.

Last Agent to Sell the Property

Kristen Krause

Coldwell Banker Comm/Atlantic Int'l License #83716 Listed on: 03/02/2019

Coldwell Banker Comm/Atlantic Int'l

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Quadruplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 7 Bedrooms
  • 3,842 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • No Cooling
  • Heating Available

Community Details

  • 4 Units
  • Elliottborough Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1885
  • Lot Size Acres: 0.12
  • Subdivision Name: Elliottborough
  • Directions: Take Spring Street And Property Will Be Between Ashe And Percy Street.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 7

Exterior Features

  • Roof: Metal
  • Construction Type: Wood Siding
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Carolina Water Service, SCE & G
  • Water Source: Public

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4600803176

Multi Family

  • Number Of Units Total: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $1,465,000 -- $381 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 19006150

CHS Regional MLS