Historic Multi-Family Investment Property

Multi-Family for Sale
Catylist Listing ID: 30644029
Number of Units: 5 Units
Building Size (RSF): 7,608 SF
Gross Building Area: See Agent
Sale Price: $1,750,000
Unit Price: $350,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: Theodore Gaillard House
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/16/2021

Overview / Comments

96 Ashley Avenue (Theodore Gaillard House) ideally positioned in Charleston’s Harleston Village. This historic home has been reconfigured as a five-unit investment property. Well constructed circa 1816, this beautifully designed 7,608sf home features 14’ ceilings, elaborate moldings, a hand-crafted copper roof and plenty of character. This is an incredible opportunity to own a piece of Charleston’s history. Totaling 11 bedrooms and 6 bathrooms, the property could be kept as is, or converted back to its original state and still have the basement as an income property. Located within the Historic Short Term Rental district, AirBnb is allowable if the Owner resides on-site. Nestled in the heart of the peninsula, nearby amenities include MUSC, College of Charleston, Colonial Lake Park, the Historic City Market and King Street.

*Interior footage available through linked 3D Matterport videos.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570304073
Percent Occupied: 100%
Area Description: Harleston Village is one of downtown’s most popular neighborhoods, stretching from the Ashley River to King Street with Broad Street as its southern border and Calhoun as its northern border. Developed in 1770, the area features an eclectic mix of Antebellum homes and modern townhouses nestled along picturesque tree-lined streets. Perfect for strolling, this park-filled family-friendly locale is also home to popular eateries and historic attractions.
Property Condition: Average
Year Built: 1816
Parking Type: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,005 65,081 136,735
Median Age: 26.81 34.72 36.52
Households: 7,785 27,586 57,412


Photograph of Listing Agent

Morrow Boggs

Belk / Lucy SCCMLS Member
Photograph of Listing Agent

Chris M Dion

Belk / Lucy SCCMLS Member
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