197 Coming Street
$1,200,000
4 Bed, 3 Bath, 2004 Sqft, 0.02 Acres
Cannonborough-Elliotborough
Charleston, SC
Three Real Estate Llc
Rare fully permitted STR duplex one block from King Street in the accommodation overlay district. One-bedroom STR units are the most efficient and profitable in the asset class due to less wear and tear on the building from guests as well as lower utility bills, carrying costs and high occupancy. In addition this property lends itself to an owner occupant who wants to be close to Upper King Street while having a tenant pay their mortgage. The spacious first floor unit has an open studio floor plan with a large sitting area, full-service kitchen, sleeping area, and bathroom with laundry units. The unit boasts crisp floor-to-ceiling shiplap, new laminate floors, stone countertops, white custom cabinetry, and high-end appliances. The second story featuresa traditional one-bedroom unit. 36 Morris Street boasts a beautiful shaded, fully fenced backyard with historic brick paving, elevated wood patios, a fountain, and mature crepe myrtle and palmetto trees creating a shady southern oasis. The exterior features traditional wood sash windows, weatherboard siding, partial return cornice details, piazzas with traditional posts and railings, and a sought-after terne metal roof. Built as a single-family residence circa 1885, the house was later modified for commercial use on the ground floor, which is evident in a projecting shop entry bay with a tin roofed hood, historic large-pane shop window, and extra door onto Morris Street. These historic modifications make the house function seamlessly as two separate units today. Wealthy carpenter and mill owner Daniel Cannon and Colonel Barnard Elliott, a Revolutionary War officer, planter, and member of Provincial Congress, created Cannonborough and Elliottborough in the late eighteenth century. The diverse neighborhood held a mixture of industrial businesses, modest farms, small cottages, tenements, and large "urban plantations" that were subdivided in the late nineteenth century to create new suburban lots for houses like 36 Morris Street. Irish and German immigrants, Jewish residents, free black, enslaved, and native- born white artisans called the area home in the nineteenth century. 36 Morris was home to several African American owner occupants in the early twentieth century. John D. Spencer owned the house by 1917 and lived there with his two sons (one was a fireman while the other was often arrested for petty offenses, speaking to the area's colorful character in the past). Mr. Spencer added an indoor bathroom by 1927 and lovingly maintained the house. German American Clarence B. Schachte (1880-1953) purchased and renovated the house in 1947, which might be when the shop entry was added. His heirs sold 36 Morris to Alphonso and Sarah Clark, who lived there for many years. The neighborhood features a well-balanced diversity of use including residents, restaurants, and businesses in a walkable historic city. The house is located on Morris Street between St. Philip and Coming Street, near Charleston's trendy upper King Street but two blocks away in a quiet residential part of the neighborhood. Major renovation in 2015 and owner rents two parking spots close by for guests as needed
51 - Peninsula Charleston Inside of Crosstown
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