Bought with EXP Realty LLC
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40 Spring St #A & B Charleston, SC 29403
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Key Details
Sold Price $2,425,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,711 sqft
Price per Sqft $894
Subdivision Elliotborough
MLS Listing ID 24025694
Sold Date 03/03/25
Bedrooms 6
Year Built 1900
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
***$400,000 in total revenue for 2024. Appraisal in hand at $2,640,000.***Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*This property is part of a partial portfolio sale consisting of the following addresses:
- 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181
- 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244
- 65 Spring Street (commercial space) TMS: 460-08-03-053
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Wall Unit(s)
Exterior
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Asphalt
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Financing Any
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