$4,199,000 | 11 beds | N/A full baths | N/A half baths | 4,469 sqft

$4,199,000 Increase +$100,000
150 Spring Street
Charleston, SC 29403
  • 11Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,469SqFt
  • 1872Year Built
  • 0.16Acres
  • MLS# 24021097
  • Multi Family
  • Active Contingent

  • Approx Time on Market1 month, 16 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision None

Overview

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 ADDITIONInquire 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, TURNKEYEach 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.



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:  1872

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.16

Lot Size Units:  Acres

Acres:  0.16

Lot Sqft:  6969.6

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  3

Foundation:  Basement, See Remarks

Exterior:  Wood Siding

New Construction:  No

Roof:  Metal

Property Subtype:  No

Building Area Units:  Square Feet

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Triplex

Room Info

Beds:  11

Sale / Lease Info

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Unit Sqft:  1,718

Unit Sqft:  1,736

Unit Sqft:  1,017

Sqft:  4469

Unit Info

Number of Units Total:  3

Unit Bedrooms:  4

Unit Bedrooms:  4

Unit Bedrooms:  3

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Electric, Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Simmons Pinckney

High:  Burke

Courtesy of listing office The Boulevard Company, LLC 

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Price & Status History (on indigocharleston.com since Tue, Aug 20th 2024)
  • Original Price: $4,099,000
  • Current Price: $4,199,000
  • Price Increased: $100,000
Date ChangedFromTo
08/28/2024ActiveActive Contingent
08/21/2024$4,099,000 $4,199,000 Increase by $100,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Boulevard Company, LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 10-07-2024 7:02 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 10-07-2024 7:02 AM EST est.

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