Active

150 Spring Street

Charleston SC, 29403

$3,699,000


$827.70 per sqft

Active

11 Beds

4,469 sqft

Residential

Built in 1872

FULLY LICENSED AS 3 SEPARATE STR UNITS with revenue! Traditional Charleston meets modern design is what you will find in this refined property by Cozy Development. Renewed this extensive renovation boasts luxury finishes with three separate dwelling units. VALUE ADD: NEW BUILD The property site has the opportunity to add a second sizable structure on the same lot. The Charleston Zoning officials have confirmed from ''Sketch Wednesday'' the path forward to add this second structure, totaling 4 approved STR bedrooms with 4 en-suite bathrooms. Seller agrees to provide any architectural plans, structural engineer plans, civil engineering plans (turning exhibit, utility, sprinkler) and stormwater plans with purchase.VALUE ADD: PROPROSED ADDITION
Inquire about the value add possibilities for this property.

IDEAL LOCATION Appointed within the short term rental district, you'll be located within one quintessential neighborhood of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be a half mile to King Street and a few minutes walk to Chubby Fish, Vern's, Xiao Bao, 132 Spring Coffee, and BaBa Coffee, making it highly desirable for STR guests.

RENOVATED, FURNISHED, TURNKEY
Each of the units have been renovated with similar finishes throughout. The kitchen in each unit is the focal point of every home, which is why each kitchen is dressed in gold finishes and boasts professional grade stainless steel appliances, white custom shaker cabinets, and quartz/quartzite countertops with luxury hand molded backsplash. Other features throughout the units included walk in tiled showers with frameless glass doors, herringbone pattern wood floors in the main floor unit, picture frame molding added throughout the main living areas to bring out the Charleston charm you're expected to experience, a spiral staircase in the upstairs unit, and so much more. A floorplan of this home is available for better understanding of each unit. As a part of the renovations, the property has been outfitted with a commercial fire alarm and R-13 sprinkler system, installed connection for new build sprinkler system as well. Finally, the lot is of considerable size with ample off street parking spaces available for large bookings.

HIGH CASHFLOW PROPERTY-Financial revenue numbers since the STR license was established in January 2024 are available upon request.

24005665

MLS ID

March 6, 2024

Listed

March 28, 2024

Updated

Map

150 Spring Street
Charleston SC, 29403

Interior Features

Total Stories

3


Bedrooms

11 Beds


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Heat Pump

Exterior/Building Features

Lot Size

0.16 Acres


Roof

Metal


Sewer

Public Sewer

School Information

High School

Burke


Elementary School

Mitchell

Other Property Details

Area Name

51 - Peninsula Charleston Inside of Crosstown


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/28/2024

Price Change

$3,699,000

-3%

Courtesy of The Boulevard Company, LLC with Jonathan Hoff,
Listing Contact:  

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