258 St Philip Street, Charleston, SC 29403 (MLS# 24002710)

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258 St Philip Street, Charleston, SC 29403

$1,500,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,384 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,500,000 List Date: 2/02/2024 Last Modified: 4/22/2024

Description

Downtown Charleston turnkey short-term rental investment nestled in the coveted Elliotborough neighborhood. Boasting General Business zoning, this property presents a unique opportunity to short rent out both units, maximizing your potential income. The strategic location places you in the heart of the vibrant King Street nightlife and a plethora of renowned restaurants. Upon entering each unit, you'll notice the abundance of light that each space lets in. Both units have spacious bedrooms. Each unit has been thoughtfully designed with modern-style kitchens featuring stainless steel appliances and ample cabinet space, offering a perfect blend of style and functionality. The tastefully done bathrooms showcase modern vanities an

Supplements: and exquisite tile work, adding a touch of luxury to the living spaces. Additionally, both units feature charming porches, providing a delightful outdoor retreat for residents. The property also has a large lot for parking, making downtown living a huge convenience. This property only has one direct neighbor and no buildings to the other side of it. With a proven track record of gross income averaging $135,000 over the past three years, this property stands as a reliable and lucrative investment opportunity. Don't miss your chance - schedule a showing today and seize this golden opportunity to own a piece of Elliotborough's allure!"

More Information MLS# 24002710

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2024-02-02 Status: Active List Price: $1,500,000 Current Price: $1,500,000

Location, Tax & Legal

Tax Map #: 4600404013 Street #: 258 Street Name: St Philip Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Elliottborough Elementary School: Mitchell Middle School: Simmons Pinckney High School: Burke Legal Description: 10/1 Directions: Turn left onto King Street. Turn right onto Line Street. Turn right onto St Philip Street. Destination will be on the right.

General Property Info

Bedrooms: 4 Primary Bedroom – Main Level: Yes Baths - Full: 2 Baths - Total: 2 Stories: 2 Primary Structure Apx SqFt: 1384 Year Built: 1852 Acreage: 0.07 Other Structures Y/N: No Potential Short Sale: No

Office/Member Info

Buyers Agency Compensation: 2.5 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Tax Records SF Detached Style: Traditional Lot Description: 0 - .5 Acre; Level Misc Exterior: Porch - Front Porch Roof: Asphalt Shingle Exterior: Wood Siding Foundation: Crawl Space Garage/Parking: Off-Street Parking Stories/Levels: 2 Stories Misc Interior: Ceiling - Smooth New Owned: Pre-Owned Rooms: Eat-In-Kitchen; Family Primary Bedroom: Ceiling Fan Cooling: Central Air Floors: Wood FP Desc/Location: Gas Connection Equipment/Appliances: Ceiling Fan; Dishwasher; Gas Range; Microwave Water/Sewer: Public Sewer; Public Water Heat: Electric Possession: At Closing Showing Instructions: Contact Listing Agent Proposed Financing: Any Assumable: No
Listing Office: Three Real Estate LLC
Last Updated: April - 22 - 2024
258 St Philip Street, Charleston, SC 29403- MLS# 24002710
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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