170 Spring St, Charleston, SC 29403

Gross Income 355,979.41 in 2024 Net Operating Income 175,780.46 real numbers not a pro forma. Located in the desirable Cannonborough-Elliottborough neighborhood of Charleston, 170 Spring Street is a fully updated historic duplex that is zoned limited business and fully permitted for short term rental use. The lovely two-story, painted brick, folk Craftsman house was built circa 1936 as two units, allowing for great interior flow and private access to each of the four-bedroom units via separate entry doors on the front porches where tenants can catch a river breeze and enjoy morning coffee. Each of the units offerspacious living areas; a half bath; laundry and storage; andfour bedroomswith large closets and ensuite bathrooms that have been tastefully updated with wood vanities, stonecounter tops, and new fixtures.The first-floor unit has an airy open plan with a large sitting area with shiplap wainscoting, dining space, and updated kitchen. The second story unit has an open plan living room with cathedral ceilings, crisp white cabinetry and stainless appliances in the adjacent kitchen, shiplap wainscoting, exposed brick chimneys, and hardwood floors. Ladder steps lead to a cozy attic bedroom that feels more like its own loft. Centrally located near MUSC, a few blocks to upper King Street,and a short drive over the Ashley River to Folly Beach.It sits amidCannonborough Elliottborough's most popular corridor that boasts the perfect blend of residences, restaurants,coffee shops,and fun local businesses. Don't miss this chance to purchase a highly lucrative and fully operational STR duplex in the best part of the city

Fully renovated duplex as of August 2013. Renovation includes brand new: plumbing, electrical, roof, refrigerators, stoves, dishwashers, garbage disposals, granite countertops, hardwood floors, washer/dryers, walls, paint, landscaping and everything else. This is a great rental unit that will not need any maintenance for the coming years. Property comes with 4 on street parking spaces. Great outdoor areas on the porch and second story unit has wonderful large loft, not included in the sq. footage. Great rental for MUSC or College of Charleston students. A must see. Future opportunity may exist for condo conversion.