• $5,000,000

    ($28,478.65/mo.)
    • 12
    • 10
    • 5881
    • 0.22
  • House
  • MLS® #: 26014869
  • Days on Website: 108
  • 162 Spring Street

  • Charleston, SC 29403
  • Cannonborough-Elliotborough

  • MLS® 26014869 is located at 162 Spring Street in Downtown Charleston, SC. This house offers 12 bedrooms, 10 baths, and is 5881 square feet.

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. On pace for over $400,000 in gross revenue! Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included 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.

Essential Information

  • MLS® #26014869
  • Price$5,000,000
  • Bedrooms12
  • Full Baths10
  • Square Footage5,881
  • Acres0.22
  • Year Built1880
  • TypeHouse
  • StyleContemporary

Community Information

  • Address162 Spring Street
  • SubdivisionCannonborough-Elliotborough
  • CityCharleston
  • CountyCharleston
  • StateSC
  • Zip Code29403

Area

51 - Peninsula Charleston Inside of Crosstown

Interior

  • Interior FeaturesCeiling Fan(s)
  • HeatingCentral, Electric, Natural Gas
  • # of Stories2

Exterior

  • ExteriorVinyl Siding
  • RoofMetal

School Information

  • ElementaryJames Simons
  • MiddleSimmons Pinckney
  • HighBurke

Additional Information

  • Days on Website108
  • Office: Premier Realty
  • Office Contact:

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