Investment opportunity in the heart of downtown Charleston. Legally permitted for short-term rentals and located in the short-term rental overlay district, this property boasts a total of 3 buildings with 5 units, 4 meters and 7 designated parking spaces. The first building was built in 1880 and includes a well-established eatery with a long-term lease in place and 2 units that can be separated (one on the first floor and one on the second) that both feature 2 beds/2 baths, updated kitchens and spacious living rooms.The additional 2 homes were built in 2018. They both feature metal roofs open floor plans with tons of natural light and great outdoor living space. Both of the recently built structures include expansive great rooms that flow into stunning kitchens complete with largeislands, subway tile backsplash and top-of-the line appliances. The first floors also include large master suites complete with outdoor access and luxurious en-suite bathrooms. The 2nd floors include 2 spacious bedrooms that share a jack-and-jill style bathroom and an upstairs master suite complete with private en-suite bathroom. This unique property has a great rental history and has potential to be a primary residence, investment property, or a mixture of both. A new buyer could enjoy living in one of the homes while having the rental income from the additional units to offset the costs making downtown living extremely affordable. Don't let this opportunity pass you by! Schedule a showing today!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
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Lot width
30 ft.
Lot depth
159 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Charleston County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 13, 2023.
LB
ST
AR
OLD CITY HEIGHTS DISTRICT - 2.5-3
OLD CITY DISTRICT
Limited Business District
The LB district is intended to provide for a limited variety of commercial uses and services associated with neighborhood retail, financial and office activities which are compatible with residential areas. The hours of operation for most permitted commercial uses are restricted to between 7 a.m. and 11 p.m. Gasoline service stations are permitted as a conditional use. Prohibited uses include, but are not limited to bars, liquor stores, car washes as a principal use, bowling alleys, billiard parlors, dance halls, restaurants with drive-thru service windows, and automobile sales.
Zone overlays
Short Term Rental Overlay Zone
Amusement and Recreation Services Overlay Zone
Old City District
Permitted uses
Include but are not limited to:
Agriculture
Bank
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Student
Water cleansing/ storage /conveyance
Office
Medical office
Research & development
Jul 29, 2020 • Final
Electrical - single family/duplex dwelling - alteration or addition
Electrical
Jul 27, 2020 • Final
Electrical - single family/duplex dwelling - alteration or addition
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking & Garage Information
Open Parking: Yes
Parking Features: Other
Interior
Interior Features
Appliances: Gas Range, Microwave, Refrigerator
Laundry Features: Dryer Connection, Washer Hookup
Bathroom Information
Bathrooms Total Integer: 10
Bedroom Information
Bedrooms Total: 12
Heating & Cooling
Cooling: Central Air
Heating: Heat Pump
Exterior
Exterior Features
Roof: Metal
Property Type
Residential Income
Property Information
Property Type: Residential Income
Building Information
Structure Type: Other, Triplex
Subdivision Information
Subdivision Name: Elliotborough
Financial
Tax Information
Tax District: 71 - City of Charleston
Tax Legal Description: 162 SPRING
Tax Map Number: 4601102089
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
Financial Information
Number Of Units Total: 5
Tenant Pays: All Utilities
Multi-Unit Information
Number Of Units Total: 5
School Information
Elementary School: James Simons
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Elliotborough
MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Community Information
Community Features: Bus Line
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on Apr 13, 2023