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Welcome to 243 Rutledge Avenue, a beautifully preserved circa 1890 home nestled in the vibrant Elliotborough neighborhood of Charleston. This spacious duplex offers 5 bedrooms and 3 bathrooms, providing ample room for both living and entertaining. Whether you continue its success as a licensed Bed & Breakfast, convert it into an executive 30-day rental, restore it to a grand single-family home, or live in one unit while renting out the other, the possibilities are endless. The property features large, light-filled rooms that seamlessly blend historic charm with modern amenities. The intricate details and thoughtful layout make this home as functional as it is stunning. A rare and highly desired feature of this property is the dedicated off-street parking for 4+ cars, offering you unmatched convenience in downtown Charleston. With prime access to Charleston's renowned restaurants, colleges, and hospitals, you'll be perfectly situated to enjoy all that this dynamic area has to offer. Don't miss out on this exceptional opportunityschedule a tour today and make 243 Rutledge Avenue your next great investment or dream home.
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.
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Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,753 | $8,065 | $11,028 |
Total Monthly Payment | $7,878 | $8,190 | $11,153 |
* 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.