Looking for that perfect investment property? Look no further than 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… Read More 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. Read Less
Courtesy of Premier Realty
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
12
Full Baths
10
Square Ft.
5,881
Lot Size
0.22 Acres
Year Built
1880
MLS Number
26014869
30 Days Snapshot Of 29403
$837k
-29%
(avg) sold price
31
+19%
homes sold
110
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1880, 2 stories, Architectural style: "Contemporary", Construction materials: "Vinyl Siding", Other structures: "No"
Heating
"Central", "Electric", "Natural Gas"
Interior Features
"Ceiling Fan(s)"
Lot
0.22 acres, 9,583 square feet, Area: 0.22
Roof
"Metal"
Security Features
"Fire Sprinkler System"
Sewer
"Public Sewer"
Utilities
"Charleston Water Service", "Dominion Energy"
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