Address162 Spring Street A, B, C, D, E, Charleston, SC, 29403
Price$5,300,000
- 12 Beds
- Residential Income
- 5,881 SQ FT
- Built in 1880
On pace for over $400,000 in gross revenue! Introducing 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018. The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.
Essential Information
- MLS® #26014816
- Price$5,300,000
- Bedrooms12
- Bathrooms0.00
- Square Footage5,881
- Acres0.22
- Price/SqFt$901 USD
- Year Built1880
- TypeResidential Income
- StatusActive
Community Information
- CityCharleston
- CountyCharleston
- StateSC
- Zip Code29403
Address
162 Spring Street A, B, C, D, E
Area
51 - Peninsula Charleston Inside of Crosstown
Subdivision
Cannonborough-Elliotborough
Utilities
Charleston Water Service, Dominion Energy
Heating
Central, Electric, Natural Gas
Amenities
Interior
- Interior FeaturesCeiling Fan(s)
Exterior
- ExteriorVinyl Siding
- RoofMetal
School Information
- ElementaryJames Simons
- MiddleSimmons Pinckney
- HighBurke
Additional Information
- Days on Website51
Listing Details
- OfficePremier Realty
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