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Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
| DAYS ON MARKET | 63 | LAST UPDATED | 4/29/2026 |
|---|---|---|---|
| TRACT | Ansonborough | YEAR BUILT | 1871 |
| COMMUNITY | 51 - Peninsula Charleston Inside of Crosstown | COUNTY | Charleston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Memminger |
|---|---|
| Jr. High School | Simmons Pinckney |
| High School | Burke |
| PRICE HISTORY | |
| Prior to Apr 29, '26 | $5,500,000 |
|---|---|
| Apr 29, '26 - Today | $5,100,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 51 - Peninsula Charleston Inside of Crosstown |
| CONSTRUCTION | Block, Stucco |
| HEAT | Central, Ductless, Forced Air |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 0.15 |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Ansonborough |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing Provided by Carriage Properties LLC
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The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.