4 Beds
2,451 SqFt
4 Beds
2,451 SqFt
Key Details
Property Type Condo, Single Family Home
Sub Type Condominium,Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $1,019
Subdivision Cannonborough-Elliotborough
MLS Listing ID 26026686
Bedrooms 4
HOA Y/N No
Year Built 1880
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Condominium,Other
Property Description
Zoned to allow short-term rentals with proper licensure and fully compliant with all city regulations, this property stands out as a turn-key, multi-use gem that's ready to produce from day one.
Both Unit A and Unit B sit at the front of the lot, upstairs and each unit is a stylish 2-bedroom, 2-bathroom residence blending classic Charleston architecture with modern convenience. Offered fully furnished and thoughtfully designed for either personal use or STR occupancy, this unit features an open-concept layout with hardwood floors, abundant natural light, and a designer kitchen with granite countertops and stainless steel appliances. Each bedroom enjoys privacy and comfort, complete with ensuite bathrooms an ideal configuration for couples, friends, or vacationing guests. With a strong rental history and low-maintenance setup, Unit A,B and C is a perfect addition to any investor's portfolio or a cozy home base in the city with built in income return on your investment
For investors, the setup of this property with 2 condo-style STR units and a Income producing Restaurant offers a unique ability to generate income from two very different renter profiles while sharing the benefits of a single HPR parcel. The ability to operate both units as short-term rentals, if desired, is an enormous advantage that sets this property apart in a market where zoning compliance is critical and increasingly rare. Whether you want to maximize short-term rental income, live in one unit while renting the other, or simply hold an appreciating asset in a prime growth corridor, 162 Spring Street A,B &C is a smart and strategic acquisition.
Opportunities like this are increasingly rare in Charleston especially properties that are move-in ready, STR eligible, and offer true Multi-Use flexibility in a high-demand location. Don't miss your chance to own a piece of downtown that earns while it appreciates.
Please do not disturb current tenants. Call Listing agent for all details. Unit A,B,C D, and E can be purchased combined for $5,600,000. see MLS for listing.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Parking Features Other
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Building
Dwelling Type Condominium,Other
Story 2
Foundation Crawl Space, See Remarks
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools James Simons
Middle Schools Simmons Pinckney
High Schools Burke
Others
Acceptable Financing Any, Cash, Conventional
Listing Terms Any, Cash, Conventional
Financing Any,Cash,Conventional