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    Charleston, SC 29401
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221 Ashley Avenue #Abc

Charleston, SC 29403
$4,850,000
MLS# 226487854

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Property Details

Property Type
RES
Neighborhood
Cannonborough-Elliotborough
Bedrooms
13
Bathrooms
12.5
Square Feet
4,571
Year Built
1995

Investment Potential

Est. Monthly Rental
$24,250
Cap Rate
3.3%
Appreciation Rate
3.5%

Description

The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decoratedand updated, offering turnkey functionality for continued short-term rental success. All furnishings and décor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.

Features & Amenities

  • Ceiling - Cathedral/Vaulted
  • Ceiling - Smooth
  • High Ceilings
  • Kitchen Island
  • Ceiling Fan(s)
  • Eat-in Kitchen
  • Living/Dining Combo
  • Balcony

Property Status

StatusActive
Days on Market0
Property TypeRES
NeighborhoodCannonborough-Elliotborough

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