183 St Philip Street, Charleston, SC 29403 (MLS# 23023569)


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183 St Philip Street, Charleston, SC 29403

$2,315,000
Property Type: MultiFamily Square Footage: 2,268 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $2,590,000 List Date: 10/15/2023 Last Modified: 8/28/2025

Description

PRE-CONSTRUCTION OPPORTUNITY! FULLY LICENSED STR UNDER CONSTRUCTION WITH JANUARY 2024 COMPLETION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property will undergo a major renovation that boasts luxury finishes in this duplex. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods 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 within a five-minute walk of upper King Street, the epicenter of

Supplements: nightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. PROPERTY WILL BE EXTENSIVELY RENOVATED, FURNISHED, TURNKEY The property features two units, both with identical floor plans. Each unit features three bedrooms with three full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit include walk in tiled showers with an illuminated shower niche and wood floors throughout. Outside you'll enjoy two piazzas, perfect for a picturesque Charleston evening. The stone paver patio is another eye catching space that can be created as a gathering area for your guests that just adds to the efficiency this home offers. This property is modern and virtually maintenance free! HIGH CASHFLOW PROPERTY Although the property was previously fully licensed and operating, comparable data suggests gross short term rental revenue could exceed $220,000 yearly with the property being freshly renovated with a reworked floor plan. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Looking for projections? Financial projections have been completed by a third party company and are available. LOOKING FOR MULTIPLE SHORT TERM RENTALS (STRS)? 183 Saint Philip Street (23023569) and 23 Cannon Street (23020724) are unique due to sharing property lines. Both units can be purchased together for $4,499,000.00

More Information MLS# 23023569

Contract Info

Primary Structure List Price/SqFt: 1141.98 MLS List Date: 2023-10-15 Status: Closed List Price: $2,590,000 Current Price: $2,315,000

Location, Tax & Legal

Legal Description: 183 St Philip St Tax Map #: 4601201060 Street #: 183 Street Name: St Philip Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 11 - Town of McClellanville Subdivision: Cannonborough-Elliotborough Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Directions: Located near the corner at Cannon Street and Saint Philip Street

General Property Info

# Stories: 1 Ground Level: No Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No Number of Units: 2 Primary Structure Apx SqFt: 2268 Year Built: 1852 Acreage: 0.04

Status Change Info

Sold Price/SqFt: 1020.72 New Mortgage Type: Conventional Sold Date: 2024-01-18

SqFt Source

Builder/Owner: 1

Unit 1

Bedrooms: 3 Baths: 3

Unit 2

Bedrooms: 3 Baths: 3

Roof

Metal: 1

Exterior

Wood Siding: 1

Foundation

Crawl Space: 1

Garage/Parking

Other (Use Remarks): 1

Driveway

Other (Use Remarks): 1

Architectural Style

Duplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Dishwasher: 1 Disposal: 1 Gas Range: 1 Refrigerator: 1 Stacked Washer/Dryer: 1

Cooling

Central Air: 1

Heat

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: Builder/Owner Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Other (Use Remarks) Architectural Style: Duplex Cooling: Central Air Heat: 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
IDX
Last Updated: August - 28 - 2025
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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