241 East Bay St, Charleston, SC 29401
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241 East Bay St, Charleston, SC 29401
241 East Bay St, Charleston, SC 29401
241 East Bay St, Charleston, SC 29401
241 East Bay St, Charleston, SC 29401
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Matt Anderson

Matt Anderson

+1(843) 437-8386
Listed by   Carriage Properties LLC
$ 5,500,000
Est. payment /mo
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Active

241 East Bay St Charleston, SC 29401

9 Beds

11,752 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 11,752 sqft

Price per Sqft $468

Subdivision Ansonborough

MLS Listing ID 26005460

Bedrooms 9

HOA Y/N No

Year Built 1871

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Property Description

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs.

Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates.

2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Heating Central, Ductless, Forced Air

Cooling Central Air

Exterior

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Metal

Building

Dwelling Type Quadruplex

Story 3

Sewer Public Sewer

Water Public

Structure Type Block/Masonry,Stucco

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Flood Insurance

NEARBY SCHOOL & BUSINESS

Matt Anderson

Matt Anderson

Team Lead - Broker Associate | License ID: 89024

+1(843) 437-8386

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241 East Bay St

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