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170 Spring Street, Charleston, SC 29403
$2,675,000
Property Type:
MultiFamily
Square Footage:
2,960
Lot Size (sq. ft.):
3,049
Status:
Closed
Current Price:
$2,800,000
List Date:
7/01/2025
Last Modified:
11/03/2025
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, stone
Supplements: counter 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
More Information MLS# 25018174
Contract Info
Primary Structure List Price/SqFt: 945.95
MLS List Date: 2025-06-30
Status: Closed
List Price: $2,800,000
Current Price: $2,675,000
Location, Tax & Legal
Legal Description: 170 spring
Tax Map #: 4601102092
Street #: 170
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: Cannonborough-Elliotborough
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Directions: king st to spring st
General Property Info
# Stories: 2
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 2
Primary Structure Apx SqFt: 2960
Year Built: 1940
Acreage: 0.07
Income, Expenses & Fees
Gross Income: 355979.41
Status Change Info
Sold Price/SqFt: 903.72
New Mortgage Type: Conventional
Sold Date: 2025-11-03
SqFt Source
Tax Records: 1
Unit 1
SqFt: 1482
Bedrooms: 4
Baths: 4.5
Unit 2
SqFt: 1482
Bedrooms: 4
Baths: 4.5
Roof
Asphalt Shingle: 1
Exterior
Brick - Veneer: 1
Foundation
Crawl Space: 1
Garage/Parking
Other (Use Remarks): 1
Architectural Style
Duplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Washer: 1
Cooling
Central Air: 1
Heat
Central: 1
Amenities
Bus Line: 1
Cable TV: 1
Sale Includes
All Furniture: 1
Proposed Financing
Any: 1
Possession
At Closing: 1
Negotiable: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Income Expenses Fees
Annual Expenses: 180.2
Net Income: 175780.46
Property Features
SqFt Source: Tax Records
Roof: Asphalt Shingle
Exterior: Brick - Veneer
Foundation: Crawl Space
Architectural Style: Duplex
Cooling: Central Air
Heat: Central
Amenities: Bus Line; Cable TV
Sale Includes: All Furniture
Proposed Financing: Any
Possession: At Closing; Negotiable
Listing Office:
Tift Properties
Last Updated: November - 03 - 2025
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