The Elliott House Inn is an amazing investment opportunity that rarely comes on market. This property has been historically cash-flowing and is ready for its next owner. Located in the heart of historic Downtown Charleston, it is managed and run by Charlestowne Hotels. A condo-hotel community, the Inn has had historically high occupancy rates, making it a perfect addition to your real estate portfolio. Guests can walk next door to Husk or 82 Queen and ride on complimentary bikes to downtown sights and attractions. This unit has been meticulously maintained and updated. And while the units at this property are usually booked, you do reserve the right to offer your unit to a guest (or to stay in yourself) for up to 28 of days out of the year.If you're looking for a great real estate investment in the heart of downtown Charleston, #31 at The Elliott House Inn is ready for you! With parking across the street, a lush, private courtyard, breakfast, and frequent happy hours with wine and cheese, this property is a favorite among visitors to Charleston. Want to learn more about how this property is run? Check out Charlestowne Hotels' website to learn more about what makes them one of the Top 25 Hotel Management Companies to Know in 2020 according to Lodging Magazine.
Listing Date: 09-13-2020
Sold Date: 05-20-2021
Aprox Days on Market: 
8 month(s), 6 day(s)
Listing Sold: 
2 Year(s), 10 month(s), 9 day(s) ago
Original Asking Price: $298,500
Asking Price: $282,500
Selling Price: $270,000
Price Difference From Original:
Reduced By $28,500
Price Difference From Asking:
Reduced By $12,500
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 1
Levels: 3 Stories
Year Built: 2011
Rent Control: No
Pool Private: No
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.01
Lot Size Units: Acres
Acres: 0.01
Lot Sqft: 435.6
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 3
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condo Regime
Beds: 1
Sold Date: 2021-05-20T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 238
Unit: 3
Water Source: Public
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office The Pulse Charleston