Multi-Family

227 Rutledge Avenue


227 Rutledge Ave
CharlestonSC 29403

227 Rutledge Avenue

Multi-Family: Mixed Use

227 Rutledge Ave, CharlestonSC 29403

Details

Total Size
3,626 SF
Rentable Space
3,626 SF
Land
0.10 Acre
Zoning
LB
Building Status
Existing
Number of Buildings
1
Year Built
1890
Number of Floors
3
Occupancy Type
Single Tenant
Number of Units
4
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Charleston
Submarket
51 - Peninsula Chas. inside of crosstown

Current Listings

LB Zoned Short Term Rental AND Office/Retail Space A,B,C,D

3,626 SF$1,800,000
Cap Rate: 6.3%

Here’s an extraordinary opportunity to profit from the exploding short term rental market in downtown Charleston, AND have office or retail space for additional income! This Commercial zoned property, fully approved for short term rental and 1000 sq ft commercial space fronting Rutledge Avenue at Spring Street is ready for your short term rental, and office or retail business. The property has been remodeled from the studs out, and comes completely furnished with all appliances for a true turnkey, hit the ground running rental revenue opportunity!

227A Office Space

Around 1000 sq ft of office space fronting Rutledge Avenue with full bath. Currently used as office for rental management company, could easily be converted to office, small retail or restaurant. Seller reserves right to lease back office space for two months after closing for guaranteed income.

227B Short Term Rental

Two Bedrooms, One Bath

Queen Bed, Two Twins

Sleeps 4

First Floor Unit

Fully Equipped Kitchen

Washer/Dryer

Shared Outdoor Patio with Gas Grill

This comfortable, two bedroom apartment is perfect for a group of up to four guests. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart. The unit features one off-street parking spot in the shared driveway, a large back patio with a gas grill, and a back porch with a swing.

Upon entering the unit you will find the first bedroom to your right that has two twin beds and a desk. The living room features seating for three, a coffee table, and TV. The dining table accommodates four guests and the kitchen has new stainless steel appliances, granite counter tops, and all the kitchen essentials necessary for a night in. The second bedroom towards the back of the house is slightly larger and has a queen bed, plenty of closet space, and has its own doorway to the full bathroom.

227C Short Term Rental

Three Bedrooms, Two and a Half Baths

One King, Two Queens

Sleeps 6

Gourmet Kitchen

Washer/Dryer

Private Porch with Gas Grill

This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart.

Upon entering the property, you will follow the hall to the best part of the home, which is a beautifully decorated, spacious communal area. The space lets in plenty of natural light through the windows and two doors that lead to the double porch, featuring plenty of patio furniture, a gas grill, and overlooks the intersection of Rutledge and Spring. The living room has a flat screen TV atop the white marble fireplace and the dining table accommodates four guests. The kitchen is truly remarkable with all new top of the line stainless-steel appliances and a very large island with beautiful marble counter tops offering seating for two at the bar. The main bedroom features a king bed, large walk-in closet, seating area, and a large master bathroom with a steam shower. Walk upstairs and you will find two bedrooms, each with queen beds and a full bathroom.

Unit C also features high ceilings, hardwood floors throughout, and a private, shared patio.

227D Short Term Rental

One Bedroom, One Bath

Queen Bed

Sleeps 2

Full Kitchen

Washer/Dryer

Shared Patio with Gas Grill

This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart.

Washers and dryers in office and a few pieces of owner furniture and art in in units will not convey. See listing agent for details.

Here’s an extraordinary opportunity to profit from the exploding short term rental market in downtown Charleston, AND have office or retail space for additional income! This Commercial zoned property, fully approved for short term rental and 1000 sq ft commercial space fronting Rutledge Avenue at Spring Street is ready for your short term rental, and office or retail business. The property has been remodeled from the studs out, and comes completely furnished with all appliances for a true turnkey, hit the ground running rental revenue opportunity!

227A Office Space

Around 1000 sq ft of office space fronting Rutledge Avenue with full bath. Currently used as office for rental management company, could easily be converted to office, small retail or restaurant. Seller reserves right to lease back office space for two months after closing for guaranteed income.

227B Short Term Rental

Two Bedrooms, One Bath

Queen Bed, Two Twins

Sleeps 4

First Floor Unit

Fully Equipped Kitchen

Washer/Dryer

Shared Outdoor Patio with Gas Grill

This comfortable, two bedroom apartment is perfect for a group of up to four guests. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart. The unit features one off-street parking spot in the shared driveway, a large back patio with a gas grill, and a back porch with a swing.

Upon entering the unit you will find the first bedroom to your right that has two twin beds and a desk. The living room features seating for three, a coffee table, and TV. The dining table accommodates four guests and the kitchen has new stainless steel appliances, granite counter tops, and all the kitchen essentials necessary for a night in. The second bedroom towards the back of the house is slightly larger and has a queen bed, plenty of closet space, and has its own doorway to the full bathroom.

227C Short Term Rental

Three Bedrooms, Two and a Half Baths

One King, Two Queens

Sleeps 6

Gourmet Kitchen

Washer/Dryer

Private Porch with Gas Grill

This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart.

Upon entering the property, you will follow the hall to the best part of the home, which is a beautifully decorated, spacious communal area. The space lets in plenty of natural light through the windows and two doors that lead to the double porch, featuring plenty of patio furniture, a gas grill, and overlooks the intersection of Rutledge and Spring. The living room has a flat screen TV atop the white marble fireplace and the dining table accommodates four guests. The kitchen is truly remarkable with all new top of the line stainless-steel appliances and a very large island with beautiful marble counter tops offering seating for two at the bar. The main bedroom features a king bed, large walk-in closet, seating area, and a large master bathroom with a steam shower. Walk upstairs and you will find two bedrooms, each with queen beds and a full bathroom.

Unit C also features high ceilings, hardwood floors throughout, and a private, shared patio.

227D Short Term Rental

One Bedroom, One Bath

Queen Bed

Sleeps 2

Full Kitchen

Washer/Dryer

Shared Patio with Gas Grill

This beautiful short term rental approved unit in Charleston, SC has been completely renovated and comes with one off-street parking spot in the private driveway. Situated at the corner of Rutledge and Spring, this unit is in an excellent location putting guests within walking distance to many restaurants and a convenient mart.

Washers and dryers in office and a few pieces of owner furniture and art in in units will not convey. See listing agent for details.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: SCCMLS

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