78 Society Street, Charleston, SC 29401 (MLS# 25009189)


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78 Society Street, Charleston, SC 29401

$2,700,000
Property Type: MultiFamily Square Footage: 3,059 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $2,900,000 List Date: 4/04/2025 Last Modified: 9/09/2025

Description

Welcome to the R.C. Salas House located at 78 Society St. This unique property, with a history dating back to the 1880s, is located in the heart of downtown's commercial district. The building is situated along the bustling section of Society Street between Meeting Street and King Street, just a few blocks north of the Charleston Place Hotel. Thoughtfully designed for comfort and charm, this turnkey property features two separate units, ideal for investors looking to maximize rental revenue. Importantly, the property benefits from a rare BZAZ special exception, which allows for the operation of two legal accommodation units on the property. This is a premier investment property, with a proven track record of short-term rental success on Airbnb and VRBO-

Supplements: (the current owner has operated the property as a self-managed short term rental operation for several years). In addition to two on-site (tandem) parking spaces, the property benefits from an off-site parking easement with the right to use two parking spaces in the adjacent property that are located immediately next to 78 Society St (there is no monthly cost for the use of these spaces and are available 24/7). The downstairs unit sleeps 4 guests with 2 bedrooms and 2.5 bathrooms. The upstairs unit sleeps 8 guests with 3 bedrooms and 1.5 bathrooms. The entire home accommodates up to 12 guests with a total of 5 bedrooms, 3 full baths, and 2 half baths. This home features fully equipped kitchens on both levels, 7 fireplaces (not used by owner), charming, enclosed side porches, and a picturesque courtyard in the back. For a creative investor, the rear section of the property may offer an opportunity to expand the structure or build a supplemental building (buyer to study and verify). Why You'll Love it! - Turnkey: Ready for immediate rental income -Prime Location: In the heart of downtown Charleston. One block from King Street, two blocks from Market Street, walking distance to fine dining and shopping! -Strong Rental History: A high performing short-term rental with outstanding reviews. -Versatile Investment: Rent as two separate units or as one large home. Property is also zoned General Commercial. -X-500 flood zone (flood insurance not required by lenders). Don't miss this rare opportunity to own a profitable, well-established investment property! *The information herein is furnished to the best of the Listing Agent's knowledge, but is subject to verification by the purchaser and their agent. Listing Agent assumes no responsibility for correctness thereof, nor warrant the accuracy of the information or the condition of the property. If square footage is important - measure! Buyer to verify schools. *

More Information MLS# 25009189

Contract Info

Primary Structure List Price/SqFt: 948.02 MLS List Date: 2025-04-04 Status: Closed List Price: $2,900,000 Current Price: $2,700,000

Location, Tax & Legal

Legal Description: 78 N SOCIETY Tax Map #: 4570404029 Street #: 78 Street Name: Society Street Suffix: Street County: Charleston State: SC Zip Code: 29401 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Downtown Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Directions: From King Street, take a left on Society. Property will be on the left.

General Property Info

# Stories: 2 Occupancy: Leased Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No Number of Units: 2 Primary Structure Apx SqFt: 3059 Year Built: 1882 Acreage: 0.1

Income, Expenses & Fees

Gross Income: 257022.86 Auction: No

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

Status Change Info

Sold Price/SqFt: 882.64 New Mortgage Type: Conventional Sold Date: 2025-09-08

SqFt Source

Hired Measurement: 1

Roof

Metal: 1

Exterior

Brick - Solid: 1

Attic Features

Access: 1

Foundation

Basement: 1 Crawl Space: 1

Zoning

Conforming: 1

Garage/Parking

2 Car: 1 Other (Use Remarks): 1

Driveway

Concrete: 1

Architectural Style

Duplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Dishwasher: 1 Electric Cooktop: 1 Electric Dryer Hookup: 1 Electric Range: 1 Refrigerator: 1 Washer Hookup: 1

Cooling

Central Air: 1

Heat

Natural Gas: 1

Amenities

Trash: 1

Proposed Financing

Any: 1 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: Hired Measurement Roof: Metal Exterior: Brick - Solid Attic Features: Access Foundation: Basement; Crawl Space Driveway: Concrete Architectural Style: Duplex Zoning: Conforming Cooling: Central Air Heat: Natural Gas Amenities: Trash Proposed Financing: Any; Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: The Cassina Group
IDX
Last Updated: September - 09 - 2025
Broker Attribution: 843-628-0008

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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