153 Spring Street, Charleston, SC 29403

$1,995,000
8
BD
6
BA
3,579
SqFt
List Price
$1,995,000
Status
Active
MLS#
18030651
Price Change
▼ $140,000 1551407553
Year Built
1852
Style
Charleston Single, Traditional
Living Area
3,579
Bedrooms
8
Bathrooms
6
Full-baths
6
Subdivision
Cannonborough-Elliottborough

Property Description

Income producing and Cash Flow! This is an opportunity to step right into a Turn- Key operation with rental history and solid bookings. Licensed and legal Short Term Rental (''STR''), the property is zoned Limited Business (LB) and located in the Short Term Rental Overlay in the Cannonborough- Elliottborough neighborhood. The property is an operating STR and currently managed by a third party rental management company. The property underwent extensive renovation in 2017-2018 with Architect designed plans and Interior Designer selections. The renovation went down to the studs to create a total of 8 Bedrooms and 6 Baths. With an interior staircase, the property can rent as a single 8 bedroom OR as a two 4 bedroom units. The top and bottom floors are mirror images and feature an open Kitchen, eating area, and living area (complete with a pull-out couch). Off the living area is a full bath as well as a bedroom with bunk beds. Down the hall are 3 additional bedrooms- the master with walk-in closet and en suite Bath, and 2 bedrooms sharing a Jack-n-Jill bathroom. Both units have washer and dryer units, Rinnai tankless water heaters, and new AC units. There is on-site parking at the rear of the home for several vehicles plus stacked parking in the driveway. Truly turn-key, this property is selling furnished, managed, and generating great rental income. apprx half year of operating data available. contact agent for actual and projected income and expenses.

Additional Information

Levels
2 Stories
Lot Description
Level
Interior Features
Window Treatments - All, Ceiling - Beamed, Ceiling - Blown, Kitchen Island, Walk-In Closets
Amenities
Bus Line, Cable TV Available, Trash Pickup
Construction
Wood Siding
Floors
Wood
Roof
Metal
Cooling
Central
Heating
Heat Pump
Exterior Features
Fence - Partial
Foundation
Crawl Space
Parking
Off-Street Parking
Elementary School
Memminger
Middle School
Courtenay
High School
Burke

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Mcalister Preferred Properties.