This beautifully restored, Carolopolis award winning circa 1901 Queen Ann Victorian has not been for sale in over two decades. The property is zoned commercial (LB) Limited Business and is located within the STR/Short Term Rental accommodations overlay zone and has an STR approval in hand. This is a unique investment opportunity to generate income, or owner occupy a portion and lease out the remaining for income. This property offers total of 7 Bedrooms including bonus room as a additional bedroom or office and 5 bathrooms. With a total of 4 units ..there are 2 units on first floor and 1 unit on the second floor and 1 detached 1 Bedroom Cottage.Named the ''Arthur T. Simmons House'', it features a two-story tiered wrap around porch with an elaborate spool frieze, jigsaw cut bracket panThe front faade is distinguished by a two-story bay with unusual rounded corners and imbricated shingles. Step off the porch into the beautifully manicured and professionally landscaped gardens. The wrought iron fence is original and the iron porch railings were crafted by blacksmith Mr. Simmons. The interior features, eleven-foot ceilings, original woodwork throughout, heart pine floors, mahogany and tiger oak mantels, Eastlake brass door hardware and detailed wood craftsmanship. Included are 2 tandem parking spaces in the driveway with potentially 3 more added parking spots in the seller's adjacent lot with deeded access rights to convey to buyer. Standing seam metal roof. The exterior of this property was freshly painted in 2018. Most interior units were freshly painted in 2018. All wiring and plumbing have been updated. New tankless water heaters. 4 electric and 4 water meters. A small detached storage building with plumbing and electricity can be used for an Artroom, Workshop, She shed or Hobby room or Laundry room. Each unit having their own private and separate access entrances and some off street parking and Washer and Dryer features. Unit A - on the first floor has 2 bedrooms and 2 bathroomsUnit B - on the second floor has 2 bedrooms, and 1 bathroom w/ a small bonus room currently being used as a large walk in closet which has been permitted as a 3rd bedroom in the STR license.There is no unit C. Unit D - is a Detached Cottage built in 2004 with 1 bedroom and 1 bath and off street parking and private landscaped garden courtyard.Unit E - studio apartment with kitchenette and 1 full bath with private wooden deck and little yard area. This commercial zoned space can be used for a variety of businesses including STR Short Term Rentals providing the new owner with endless capabilities.Don't miss this opportunity to be in the legal Short term or long term rental district.
Listing Date: 03-02-2019
Sold Date: 08-22-2019
Aprox Days on Market: 
5 month(s), 19 day(s)
Listing Sold: 
4 Year(s), 8 month(s), 7 day(s) ago
Original Asking Price: $1,995,000
Asking Price: $1,995,000
Selling Price: $1,465,000
Price Difference From Original:
Reduced By $530,000
Price Difference From Asking:
Reduced By $530,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 1885
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 0.12
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 2
Exterior: Wood Siding
New Construction: No
Roof: Metal
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Quadruplex
Beds: 7
Sold Date: 2019-08-22T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 3842
Number of Units Total: 4
Unit: A,B,D&E
Unit Bedrooms: 1
Unit Bedrooms: 3
Unit Bedrooms: 2
Unit Bedrooms: 1
Water Source: Public
Utilities: Carolina Water Service, SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office Coldwell Banker Comm/Atlantic Int'l