207 Rutledge Ave

8
Baths
6,099 Sq. Ft.
$328 / Sq. Ft.
6,099
Sq. Ft.
$328
per Sq. Ft.

Description

A unique investment property in the heart of Downtown Charleston! Located in the legal short-term rental overlay district, this property boasts a total of 3 units including a restaurant that could be subdivided into 2 separate commercial units, 2 separate apartments, and 7 leased, designated off-street parking spaces (with potential for 13 additional spots at the corner). The ground level contains the restaurant that is made up of a large kitchen (complete equipment list in MLS docs in ''Marketing...A unique investment property in the heart of Downtown Charleston! Located in the legal short-term rental overlay district, this property boasts a total of 3 units including a restaurant that could be subdivided into 2 separate commercial units, 2 separate apartments, and 7 leased, designated off-street parking spaces (with potential for 13 additional spots at the corner). The ground level contains the restaurant that is made up of a large kitchen (complete equipment list in MLS docs in ''Marketing Packet''), 2 dining areas, a bar, 3 bathrooms, office & storage space and an outdoor courtyard. This space can be subdivided into 2 separate commercial units. The 2nd, 3rd, & 4th floors make up the 2 separate apartments. The 2nd floor is home to unit B, a 3 bed/2 bath/1,194 sq ft unit wiprivate covered balcony. There are currently 7 dedicated parking spaces (leased by current owners for $1,000/mo) that are used for the current tenants & restaurant owner and there is potential to lease an additional ~13+ spaces at the corner lot (avail. for ~$2,250/mo. See Marketing Packet for additional info in MLS docs). Located in a prime Downtown location, this building is within walking distance to restaurants, parks, schools, museums, fitness, MUSC and all that the Peninsula has to offer! Schedule a showing today!
  1. Listed by Keller Williams Realty Charleston

Property Details for 207 Rutledge Avenue

Subdivision Name
Cannonborough
LISTING CLOSED: 07/01/2020 12:00 AM

Property Details for 207 Rutledge Avenue

StatusClosed
MLS #20011384
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeOther
MLS TypeResidential Income
Year Built1855
Lot Size0.12 AC / 5,227 SF
CountyCharleston County

Location

Listing Courtesy of Keller Williams Realty Charleston

Sold By Oyster Point Real Estate Group, LLC

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Building Information for 207 Rutledge Avenue

Stories4Residences3Year Built1855Lot Size0.12 AC / 5,227 SF

Payment Calculator

$13,504 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,966

Property Taxes

$3,538

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 207 Rutledge Avenue

Summary
Location and General Information
  • Latitude: 32.788747
  • Longitude: -79.946893
  • Directions: Crosstown To Rutledge Avenue Towards Calhoun. Home On Right At Corner Of Rutledge & Cannon
Taxes and HOA
  • Tax Map Number: 4601502079
School Information
  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney
Parking
  • Attached Garage YN: None
  • Carport YN: None
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: Other (Use Remarks)
Property
Lot Information
  • Building Area Total: 6099.0
  • Building Area Units: Square Feet
  • New Construction YN: No
  • Structure Type: Other
Property and Assessments
  • Photos Count: 23
  • Photo Rights: I own the photos or have the right to use: Yes
Utilities
  • Utilities: Charleston Water Service, Dominion Energy
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating YN: Yes
  • Cooling: Central Air
  • Cooling YN: Yes
  • Heating: Forced Air
  • Stories: 4
Exterior Features
  • Community Features: Bus Line
  • Roof: Metal
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1 Information
  • Unit 1: SqFt: 2504
  • Unit 1: Baths: 3
Unit 2 Information
  • Unit 2: SqFt: 1194
  • Unit 2: Bedrooms: 3
  • Unit 2: Baths: 2
Unit 3 Information
  • Unit 3: SqFt: 2234
  • Unit 3: Bedrooms: 4
  • Unit 3: Baths: 3

Property History for 207 Rutledge Avenue

DateEvent & SourcePriceAppreciation
Jul 1, 2020

Sold

CHS Regional MLS #20011384

$2,000,000
Jun 30, 2020

Sold (Public Record)

Public Record #673825126

$2,000,000
Jun 11, 2020

Pending

CHS Regional MLS #20011384

DateEvent & SourcePrice
07/01/2020

Sold

CHS Regional MLS #20011384

$2,000,000
06/30/2020

Sold (Public Record)

Public Record #673825126

$2,000,000
06/11/2020

Pending

CHS Regional MLS #20011384

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 207 Rutledge Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$42,455 ($3,538 / month)
Home Facts
Total Finished SqFt2,456 SqFtAbove Grade Finished SqFt2,456 SqFtStories3Lot Size5,227 SqFtStyleMiscellaneous CommercialYear Built1855CountyCHARLESTONAPN460-15-02-079

Schools near 207 Rutledge Avenue

This home is within Charleston 01 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Memminger Elementary School
PublicPK to 5

Simmons Pinckney Middle School
Public6 to 8

Burke High School
Public9 to 12

West Ashley Center for Advance Studies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty Charleston

We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Based on information from one of the following Multiple Listing Services: Charleston Trident MLS, LowCountry Regional and REsides, Inc. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS, High Country Association of REALTORS,© 2024 REsides and LowCountry Regional Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.