Viewing Listing MLS# 25025976
Charleston, SC 29403
- 6Beds
- N/AFull Baths
- N/AHalf Baths
- 3,195SqFt
- 1880Year Built
- 0.05Acres
- MLS# 25025976
- Multi Family
- Active
- Approx Time on Market14 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Cannonborough-Elliotborough
Overview
Welcome to 171 Spring Street, a high-income producing property located in one of downtown Charleston's most desirable neighborhoods and within the coveted Short-Term Rental Overlay District. This unique opportunity features a mix of commercial and residential short-term rental spaces, offering both immediate cash flow and long-term investment potential.The property is comprised of three distinct units: Unit A: A 510 sq. ft. commercial space with excellent visibility--perfect for a retail shop, office, or cafe. Unit B: A tastefully updated 730 sq. ft. 2-bedroom, 1-bathroom residence that is currently operating as an active short-term rental. Unit C: A spacious 1,805 sq. ft. 4-bedroom, 3-bathroom short--term rental spanning the second and third floors, beautifully updated throughout tomaximize comfort and guest appeal.Additional highlights include two off-street parking spaces and unbeatable walkability to King Street, MUSC, shopping, dining, and Charleston's most popular attractions. With its strong rental history, prime location, and mix of commercial and residential income streams, 171 Spring Street presents a rare chance to own a proven investment property in the heart of the Holy City with significant upside potential! Additional projection proformas available upon request.
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1880
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Info
Lot Size: 0.05
Lot Size Units: Acres
Acres: 0.05
Lot Sqft: 2178
Irrigation Water Rights: No
Offer Compensation
Other
Security Features: Fire Sprinkler System
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 3
Foundation: Slab
Exterior: Wood Siding
New Construction: No
Roof: Architectural
Property Subtype: No
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Triplex
Room Info
Beds: 6
Sale / Lease Info
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 1,805
Unit Sqft: 730
Unit Sqft: 510
Sqft: 3195
Unit Info
Number of Units Total: 3
Unit: Abc
Unit Bedrooms: 4
Unit Bedrooms: 2
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Central, Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Coming From Rutledge Avenue, Turn Right Onto Spring Street. Stay Straight Until You Come To President Street. Property On Your Left Side At The Corner Of Spring And President.Courtesy of listing office King and Society Real Estate