Charleston & Mt. Pleasant Homes For Sale - Please contact Alan Donald for more information on this listing: (843) 900-0155
Charleston, SC 29403
- 12Beds
- N/AFull Baths
- N/AHalf Baths
- 5,881SqFt
- 1880Year Built
- 0.22Acres
- MLS# 26014816
- Multi Family
- Active
- Approx Time on Market20 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Cannonborough-Elliotborough
Overview
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.
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1880
Business Info
Buyer Compensation
Exterior Features
Garage / Parking
Interior Features
Interior Features: Ceiling Fan(s)
Lot Info
Lot Size: 0.22
Lot Size Units: Acres
Acres: 0.22
Lot Sqft: 9583.2
Irrigation Water Rights: No
Offer Compensation
Other
Security Features: Fire Sprinkler System
Mobile Home Remains: No
Property Info
Property Type: B
Exterior: Vinyl Siding
Roof: Metal
Property Subtype: No
Building Area Units: Square Feet
Home Warranty: No
Habitable Residence: No
Structure Type: Single Family Detached, Triplex
Room Info
Beds: 12
Sale / Lease Info
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 1,608
Unit Sqft: 1,325
Unit Sqft: 1,608
Unit Sqft: 950
Sqft: 5881
Unit Info
Unit: A, B, C, D, E
Unit Bedrooms: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 4
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Central, Electric, Natural Gas
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Courtesy of listing office Premier Realty
Charleston, SC Real Estate | Mount Pleasant Homes For Sale | Mount Pleasant Real Estate | 55+ Communities in Charleston, SC
Contact Alan Donald for more information on this listing - (843) 900-0155
Keller Williams Realty Charleston - Mt Pleasant, SC
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