95 Line Street, Charleston, SC, 29403 | $4,650,000

Welcome to Lady Helene, a meticulously crafted four-unit historic property where the charm of the past meets the functionality of the present. Currently, three of these units operate as licensed short-term rental accommodations, fully functional and catering to a discerning clientele. The fourth unit serves as a flexible mercantile space, introducing a dynamic commercial element to the property. With excellent visibility, this space has also been placed in service and is generating above-market returns through a secure long-term NNN lease. This truly remarkable building dates back to the late 1860s and recently underwent an extensive two-year renovation, transforming it into luxurious accommodations that blend historic charm with modern amenities. The renovation process involved meticulous work to restore the building's original storefront features while enhancing its functionality as a hospitality space. This effort was recognized in 2023 with Charleston's highly coveted Carolopolis Award for preservation. The reconfigured floor plan has been revitalized, showcasing beautiful furnishings and modern finishes throughout the units. Each unit is designed to provide a comfortable and stylish living space, perfect for families or groups visiting Charleston. The rental rates start around $400 per night during weekdays, with weekend prices ranging from $785 to just over $1, 200 per night, depending on the unit and time of year. It is also offered as a whole house rental, making it an attractive option for both short-term visitors and larger gatherings. Steady increases in annual revenue have been jumpstarted through an early adoption of a whole property marketing policy. *All income data is available upon request. Situated at the intersection of Line and Coming streets and just two blocks from Upper King St. , Lady Heléne is ideally located in a rapidly growing section of Charleston. Close to new residential projects and commercial spaces and within the STR overlay, this prime location offers easy access to local attractions, restaurants, and shopping, making it a desirable destination for travelers. Whether you are looking for a unique investment with high growth potential or a well-crafted stabilized piece of Charleston history, this opportunity offers both.

Features

  • Amenities: Bus Line, Club Membership Avabl
  • Bedrooms: 13
  • Units: 4
  • Development: 51 - Peninsula Charleston Inside of Crosstown
  • Year Built: 1867
  • Heating: Central, Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 4,929
  • Acreage: 0.07
  • Elem. School: Memminger
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 25006007
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/25006007/95linestreet_charleston_sc?source=qrflyer
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Listing courtesy of United Real Estate Charleston

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

95 Line Street, Charleston, SC, 29403

$4,650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,720,000 $3,720,000 $3,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.727% 6.540%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,603 $23,820 $32,150
Total Monthly Payment $22,728 $23,945 $32,275

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.