162 Spring St Unit A,B,C,D&E Assemblage is a fully operating STR /short term rental units and Restaurant in Downtown Charleston. This Multi-Use, Commerical Zoned, Income Producing, HPR Buildings are located in the STR Accommodations Overlay District offering 5 Units with 7 off street parking spaces. This rare assemblage of 3… Read More buildings includes the front building offering Two(2)Income-Producing Residential STR Units and One (1) Restaurant with current lease terms that will convey. The two fully updated residences Unit A and B are each 2BR/ 2BA condo-style upstairs units. The restaurant is a very successful business and current lease remains as a current NNN Lease Term. Whether you're an investor seeking high-performing income producing STR short-term rental potential,or a buyer looking to live in one unit while generating income from the others, or someone building a portfolio of diverse downtown assets, this opportunity delivers exceptional value, flexibility, and upside. 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. Unit A,B &C sit at the front of the lot, Unit A/B are 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, these units feature 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,C,D &E 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 and 2 stand alone 4 bedroom 3 bath beautiful houses offers a unique ability to generate income from 5 very different renter profiles while sharing the benefits of a single HPR parcel. The ability to operate 4 STR /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 others, or simply hold an appreciating asset in a prime growth corridor, 162 Spring Street A,B,C,D&E 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, and Unit D, and Unit E can be purchased separately or combined. see MLS for listings. Read Less
Courtesy of REMAX Executive
Listing Snapshot
Days Online
1
Last Updated
Property Type
Residential Income
Beds
13
Square Ft.
5,883
Lot Size
0.22 Acres
Year Built
2018
MLS Number
26026753
30 Days Snapshot Of 29403
$1.01M
-9%
(avg) sold price
14
-33%
homes sold
66
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2018, 2 stories, Construction materials: See Remarks, Wood Siding, Other structures: Yes
Cooling
Central Air
Heating
See Remarks, Central
Interior Features
Ceiling Fan(s)
Laundry
Washer Hookup
Lot
0.22 acres, 9,583 square feet, Area: 0.22
Parking
Other
Roof
Architectural, Metal
Sewer
Public Sewer
Utilities
Charleston Water Service, Dominion Energy
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