150 Spring Street, Charleston, SC 29403

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150 Spring Street, Charleston, SC 29403

$3,750,000

Property Type: MultiFamily Square Footage: 4,469 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $4,199,000 List Date: 8/21/2024 Last Modified: 8/28/2025

Description

FULLY LICENSED AS 3 SEPARATE STR UNITS with revenue! Traditional Charleston meets modern design is what you will find in this refined property by Cozy Development. Renewed this extensive renovation boasts luxury finishes with three separate dwelling units. VALUE ADD: NEW BUILD The property site has the opportunity to add a second sizable structure on the same lot. The Charleston Zoning officials have confirmed from ''Sketch Wednesday'' the path forward to add this second structure, totaling 4 approved STR bedrooms with 4 en-suite bathrooms. Seller agrees to provide any architectural plans, structural engineer plans, civil engineering plans (turning exhibit, utility, sprinkler) and stormwater plans with purchase.

Supplements: VALUE ADD: PROPROSED ADDITION Inquire about the value add possibilities for this property. IDEAL LOCATION Appointed within the short term rental district, you'll be located within one quintessential neighborhood of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be a half mile to King Street and a few minutes walk to Chubby Fish, Vern's, Xiao Bao, 132 Spring Coffee, and BaBa Coffee, making it highly desirable for STR guests. RENOVATED, FURNISHED, TURNKEY Each of the units have been renovated with similar finishes throughout. The kitchen in each unit is the focal point of every home, which is why each kitchen is dressed in gold finishes and boasts professional grade stainless steel appliances, white custom shaker cabinets, and quartz/quartzite countertops with luxury hand molded backsplash. Other features throughout the units included walk in tiled showers with frameless glass doors, herringbone pattern wood floors in the main floor unit, picture frame molding added throughout the main living areas to bring out the Charleston charm you're expected to experience, a spiral staircase in the upstairs unit, and so much more. A floorplan of this home is available for better understanding of each unit. As a part of the renovations, the property has been outfitted with a commercial fire alarm and R-13 sprinkler system, installed connection for new build sprinkler system as well. Finally, the lot is of considerable size with ample off street parking spaces available for large bookings. HIGH CASHFLOW PROPERTY-Financial revenue numbers since the STR license was established in January 2024 are available upon request.

More Information MLS# 24021097

Contract Info

Primary Structure List Price/SqFt: 939.58 MLS List Date: 2024-08-20 Status: Closed List Price: $4,199,000 Current Price: $3,750,000

Location, Tax & Legal

Legal Description: 150 SPRING Tax Map #: 4601102080 Street #: 150 Street Name: Spring Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: None Elementary School: Mitchell Middle School: Simmons Pinckney High School: Burke

General Property Info

# Stories: 3 Ground Level: Yes Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No Number of Units: 3 Primary Structure Apx SqFt: 4469 Year Built: 1872 Acreage: 0.16

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

Status Change Info

Sold Price/SqFt: 839.11 New Mortgage Type: Conventional Sold Date: 2024-10-18

SqFt Source

Appraisal: 1 Builder/Owner: 1

Unit 1

SqFt: 1017 Bedrooms: 3 Baths: 1

Unit 2

SqFt: 1736 Bedrooms: 4 Baths: 2

Unit 3

SqFt: 1718 Bedrooms: 4 Baths: 4

Roof

Metal: 1

Exterior

Wood Siding: 1

Foundation

Basement: 1 See Remarks: 1

Garage/Parking

Other (Use Remarks): 1

Driveway

Gravel: 1

Architectural Style

Triplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Dishwasher: 1 Dryer: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1

Cooling

Central Air: 1

Heat

Electric: 1 Heat Pump: 1

Sale Includes

All Furniture: 1

Proposed Financing

Cash: 1 Conventional Loan: 1

Possession

At Closing: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 Dominion Energy: 1

Property Features

SqFt Source: Appraisal; Builder/Owner Roof: Metal Exterior: Wood Siding Foundation: Basement; See Remarks Driveway: Gravel Architectural Style: Triplex Cooling: Central Air Heat: Electric; Heat Pump Sale Includes: All Furniture Proposed Financing: Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy

Listing Office: The Boulevard Company

Last Updated: August - 28 - 2025

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150 Spring Street, Charleston, SC 29403 (MLS# 24021097)