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Sold

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171 Spring Street Unit: Abc, Charleston, SC 29403

$1,885,000
Welcome to 171 Spring Street, a high-income producing property located in one of downtown Charleston's most desirable neighborhoods and within the coveted Short-Term Rental Overlay District. This unique opportunity features a mix of commercial and residential short-term rental spaces, offering both immediate cash flow and long-term investment potential.The property is comprised of three distinct units: Unit A: A 510 sq. ft. commercial space with excellent visibility--perfect for a retail shop, office, or cafe. Unit B: A tastefully updated 730 sq. ft. 2-bedroom, 1-bathroom residence that is currently operating as an active short-term rental. Unit C: A spacious 1,805 sq. ft. 4-bedroom, 3-bathroom short--term rental spanning the second and third floors, beautifully updated throughout tomaximize comfort and guest appeal.

Additional highlights include two off-street parking spaces and unbeatable walkability to King Street, MUSC, shopping, dining, and Charleston's most popular attractions. With its strong rental history, prime location, and mix of commercial and residential income streams, 171 Spring Street presents a rare chance to own a proven investment property in the heart of the Holy City with significant upside potential! Additional projection proformas available upon request.

6
beds

3,195 Sq.Ft. LIVING AREA

2,178 Sq.Ft. lot

Virginia Landon

Virginia Landon

Features & Amenities

Interior

  • total bedrooms6
  • Laundry room Electric Dryer Hookup, Washer Hookup
  • other interior Features Ceiling Fan(s)

Area & Lot

  • Status Sold
  • Living Area3,195 Sq.Ft.
  • Total Area3,195 Sq.Ft.
  • Lot Area2,178 Sq.Ft.
  • MLS® ID25025976
  • TypeMulti-Family
  • YEAR BUILT1880
  • Elementary SchoolJames Simons
  • Middle SchoolSimmons Pinckney
  • High SchoolBurke

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesCharleston Water Service, Dominion Energy
  • roofArchitectural
  • parkingOther
  • HEAT TYPECentral, Heat Pump
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureSlab
  • security FeaturesFire Sprinkler System

Financial

  • Sales Price$1,885,000

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