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Charleston,SC 29403
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $945
Subdivision Cannonborough-Elliotborough
MLS Listing ID 25018174
Bedrooms 8
Year Built 1940
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
Gross Income 355,979.41 in 2024 Net Operating Income 175,780.46 real numbers not a pro forma. Located in the desirable Cannonborough-Elliottborough neighborhood of Charleston, 170 Spring Street is a fully updated historic duplex that is zoned limited business and fully permitted for short term rental use. The lovely two-story, painted brick, folk Craftsman house was built circa 1936 as two units, allowing for great interior flow and private access to each of the four-bedroom units via separate entry doors on the front porches where tenants can catch a river breeze and enjoy morning coffee. Each of the units offerspacious living areas; a half bath; laundry and storage; andfour bedroomswith large closets and ensuite bathrooms that have been tastefully updated with wood vanities, stonecounter tops, and new fixtures.The first-floor unit has an airy open plan with a large sitting area with shiplap wainscoting, dining space, and updated kitchen. The second story unit has an open plan living room with cathedral ceilings, crisp white cabinetry and stainless appliances in the adjacent kitchen, shiplap wainscoting, exposed brick chimneys, and hardwood floors. Ladder steps lead to a cozy attic bedroom that feels more like its own loft.
Centrally located near MUSC, a few blocks to upper King Street,and a short drive over the Ashley River to Folly Beach.It sits amidCannonborough Elliottborough's most popular corridor that boasts the perfect blend of residences, restaurants,coffee shops,and fun local businesses. Don't miss this chance to purchase a highly lucrative and fully operational STR duplex in the best part of the city
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Other
Community Features Bus Line
Roof Type Asphalt
Building
Dwelling Type Duplex
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Mitchell
Middle Schools Simmons Pinckney
High Schools Burke
Others
Acceptable Financing Any
Listing Terms Any
Financing Any