90 Spring Street A,B, Charleston, SC 29403

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90 Spring Street A,B, Charleston, SC 29403

$2,375,000

Property Type: MultiFamily Square Footage: 3,121 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $2,490,000 List Date: 4/01/2025 Last Modified: 6/20/2025

Description

PRICED 250K BELOW APPRAISED VALUE! Professionally Measured: 3,121 total heated sqft! Historic Charleston Duplex - PRIME Short-Term Rental Investment. Appraised at $2,740,000 | $432,500 Revenue in 2024 | Projected 5-10% Rent Increase for 2025. A complete studs-out renovation by Archer Construction, meticulously crafted with attention to every detail. Located just 2 1/2 blocks from Charleston's iconic King Street, 90 Spring Street is a fully furnished 8-bed, 6.5-bath short-term rental duplex with an impressive rental history. This stunning historic property attracts high-end guests, including large groups and wedding parties, looking for a vibrant downtown experience. Property Highlights: Prime Location - Walk Score of 95! Steps from top restaurants, nightlife, and shopping.

Supplements: Two Spacious Units - Each featuring 4 bedrooms and high-end amenities for guests. Newly Added Parking - Two off-street parking spots enhance STR revenue potential. Outdoor Living Spaces - Private porches and a shared back patio, are perfect for relaxing. Unit A (First-Floor Suite): 4 Bedrooms | 3 Bathrooms Bedroom 1: King Bed, En Suite Bath, TV Bedroom 2: King Bed, En Suite Bath, TV Bedroom 3: Queen Bed, TV Bedroom 4: Queen Bed, TV Shared Full Bath for Queen Bedrooms Spacious Living Area & Fully Equipped Kitchen Private Porch & Off-Street Parking (1 Spot) Unit B (Second-Floor Suite): 4 Bedrooms | 3.5 Bathrooms Bedroom 1: King Bed, Shared En Suite Bath Bedroom 2: King Bed, Shared En Suite Bath Bedroom 3: Queen Bed, En Suite Bath Bedroom 4: Queen Bed, En Suite Bath Living Room: Queen Sleeper Sofa Full Kitchen & Living Space Private Charleston-Style Porch Shared Back Patio & Off-Street Parking (1 Spot) Prime Downtown Location: Situated in the sought-after Elliotborough/Cannonborough district, this home is surrounded by Charleston's best culinary spots, including Xiao Bao Biscuit, Chubby Fish / Seahorse, Verns, Southbound, and Welton's Tiny Bakeshop. Just a short stroll to King Street, guests enjoy access to boutique shopping, historic attractions, and vibrant nightlife. Plus, it's only 15 minutes from the beach! This turn-key investment property offers strong revenue potential in one of Charleston's most desirable neighborhoods. Don't miss outschedule your showing today!

More Information MLS# 25008650

Contract Info

Primary Structure List Price/SqFt: 797.82 MLS List Date: 2025-03-26 Status: Closed List Price: $2,490,000 Current Price: $2,375,000

Location, Tax & Legal

Unit #: A,B Legal Description: 90 SPRING Tax Map #: 4600803181 Street #: 90 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: Elliotborough Elementary School: Mitchell Middle School: Simmons Pinckney High School: Burke Directions: From King street, turn onto Spring Street, property will be on your right 2 1/2 blocks down

General Property Info

# Stories: 2 Ground Level: No Potential Short Sale: No Other Structures Y/N: No Number of Units: 2 Primary Structure Apx SqFt: 3121 Year Built: 1890 Acreage: 0.06

Income, Expenses & Fees

Gross Income: 432500

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

Status Change Info

Sold Price/SqFt: 760.97 New Mortgage Type: Cash Sold Date: 2025-05-30

SqFt Source

Appraisal: 1

Unit 1

SqFt: 1560 Bedrooms: 4 Baths: 3

Unit 2

SqFt: 1560 Bedrooms: 4 Baths: 3.5

Roof

Metal: 1

Exterior

Wood Siding: 1

Foundation

Crawl Space: 1

Zoning

Conforming: 1

Garage/Parking

1 Car: 1

Driveway

Concrete: 1

Architectural Style

Duplex: 1

New Owned/Pre-owned

Pre-Owned: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Disposal: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1

Cooling

Central Air: 1 Heat Pump: 1 Wall Unit(s): 1

Heat

Central: 1 Heat Pump: 1 Wall Unit(s): 1

Proposed Financing

Any: 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 Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Concrete Architectural Style: Duplex Zoning: Conforming Cooling: Central Air; Heat Pump; Wall Unit(s) Heat: Central; Heat Pump; Wall Unit(s) Proposed Financing: Any Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy

Listing Office: Crown Coast Properties

Last Updated: June - 20 - 2025

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90 Spring Street A,B, Charleston, SC 29403 (MLS# 25008650)