27 State, Charleston, 29401

Multi-Family For Sale

$4,385,000

Beds
Baths
7,877Sqft
.08Acres
1814Built
MLS® #: 17033042
Active

Income producing property. A landmark corner of Charleston's French Quarter neighborhood within the original walled city, 27 State Street is an excellent investment opportunity. The c. 1814 residential building with first floor commercial space includes the carriage house and kitchen house. The three buildings are now connected around a piazza and a central courtyard with Philip Simmons gates. The current use includes an art gallery, a grand owner's apartment above the gallery, and additional apartments for long term rentals. There are also 2 units that are licensed short term rentals. The combination of rich patina, handsome architectural lines, and the arched and louvered piazza is authentic Charleston.Classified a Category 2 Building in Charleston's Architectural Survey, 27 State is rated ''Excellent...well designed and proportioned'' and of "irreplaceable importance." The design has been described as simple, straightforward elegance made interesting with the West Indies influence. Net operating income ranges from 230,000 to 290,000 and could likely be higher. No preservation easements have been placed on this property. Floor Plans and other information in documents. Owner financing offered.

Essential Information

MLS® #: 17033042
Price: $4,385,000
$/SqFt: $557
Square Footage: 7,877
Acres: 0.08
Year Built: 1814
Type: Multi-Family
Style: More than 4, Other
Status: Active

Interior

# of Stories: 4

Exterior

Exterior: Solid Brick, Stucco

Community Information

Address: 27 State
Area: Peninsula Chas. inside of crosstown
City: Charleston
County: Charleston
State: SC
Zip Code: 29401

School Information

Elementary: Sanders-clyde
Middle: Simmons Pinckney
High: Burke

Additional Information

Listing Office: Carriage Properties LLC

Scott Campbell

Your contact at Prestige Real Estate

I am delighted to answer any questions you may have.

Please provide a valid email address.
Prestige Real Estate Group
Prestige Real Estate Group LLC
1156 Bowman Road, Suite 200
Mt. Pleasant, SC 29464
1 (843) 259-9913

Properties for Sale Similar to 27 State, Charleston, SC

Great Location Next To The College Of Charlesto...

Photo of Listing #17029456

$5,450,000 Active

CHARLESTON

Multi-Family

31 Coming Street

Charleston, SC

  • 11,868 ft²
  • 0.4 Acres

Great Location Next To The College Of Charleston Campus. All Four Properties (31 Coming, 29 Coming, 1 Montagu And 1-1/2 Montagu) Are Contiguous And Must Be Purchased As A Package (will Not Be Sold Individually). Parking For Approximately 20 Cars. All Prope...

The Stevens-lathers House, A Handsome Mansion O...

REDUCED 3% Photo of Listing #17015623

$4,799,000 Active

CHARLESTON

Multi-Family

20 S Battery

Charleston, SC

  • 9,244 ft²
  • 0.38 Acres

The Stevens-lathers House, A Handsome Mansion Overlooking White Point Garden And The Southernmost Tip Of The Historic Peninsula, Dates Back To The Antebellum Period Of The 1840's And Is Home To The Battery Carriage House Inn. This Imposing 4 Story Brick Re...

Nightly Rentals Allowed!located Just 2 Blocks F...

Photo of Listing #17011465

$4,950,000 Active

CHARLESTON

Multi-Family

241 E Bay Street

Charleston, SC

  • 9,876 ft²
  • 0.15 Acres

Nightly Rentals Allowed!located Just 2 Blocks From Market Street On East Bay Street, The Newly Renovated Sylvester Jancovitch Building Consists Of A First Floor Class A Commercial Condo, Two Residential Condos, And 9 Parking Spaces. The First Floor Commerci...

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Prestige Real Estate Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2018 Charleston Trident Multiple Listing Service, Inc. All rights reserved.