78 Queen Street - #17 is a king Condo-tel in the stunning Elliott House Inn, which was recently renovated. Located on the first floor in a private corner, #17 is a fabulous investment opportunity for a cash buyer looking for an easy, hands free, cash flowing property. #17 is an incredible income producing property with a proven cash flow history. Own a piece of this Bed & Breakfast located in the historic district of Charleston, within walking distance of shops, resturants, historic homes and galleries. This king condo-tel features a light filled interior with a Charleston interior design theme featuring a 4 poster bed, wood floors, an upgraded $2500 bath with stone floors and tile shower. In addition, #17 is one of 4 condos at the Inn with a private courtyard. Guest enjoy breakfast in bed, wine and cheese in the afternoons in the lushly landscaped courtyard, a private pool and bikes. The property is professionally managed by Charlestowne Management, the number on hotel manager in historic downtown Charleston. Please call the listing agent for copies of covenants & restrictions, rental history and income information. Please see the article attached. Net rental income after management fees $14,000 through September 30, 2012. Net rental income is inclusive of management fees, HOA dues are year to date and HOA dues come out of income.
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