***$400,000 in total revenue for 2024. Appraisal in hand at $2,640,000.***Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*This property is part of a partial portfolio sale consisting of the following addresses: - 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 - 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244 - 65 Spring Street (commercial space) TMS: 460-08-03-053
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Charleston County
APN
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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 Oct 7, 2024.
GB
OLD CITY HEIGHTS DISTRICT - 4
OLD CITY HEIGHTS DISTRICT - 6
GBLN
AR
OLD CITY DISTRICT
ST
General Business District
The GB district is intended to provide for a broad range of commercial uses and activities. It is the most intensive commercial zoning district. Prohibited uses include junk and salvage yards, and storage yards (except for vehicles and boats). Mini-warehouse/self-storage uses may be permitted as special exception uses subject to the approval of the Board of Zoning Appeals. Automotive repair shops, communication towers, gas stations, short term lenders, veterinary clinics, and stables may be permitted as conditional uses.
Zone overlays
Old City Heights District 4
Old City Heights District 6
General Business Late Night Overlay Zone
Amusement and Recreation Services Overlay Zone
Old City District
Short Term Rental Overlay Zone
Permitted uses
Include but are not limited to:
Laundromat
General retail
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure-Other
Office
Medical office
Marina
Property details
Parking
Parking & Garage Information
Open Parking: Yes
Interior
Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Refrigerator
Bathroom Information
Bathrooms Total Integer: 6
Bedroom Information
Bedrooms Total: 6
Heating & Cooling
Heating: Wall Unit(s)
Financial Information
Number Of Units Total: 2
Multi-Unit Information
Number Of Units Total: 2
Exterior
Exterior Features
Roof: Asphalt
Property Type
Residential Income
Property Information
Other Structures: No
Property Type: Residential Income
Building Information
Entry Location: Ground Level
Structure Type: Duplex
Subdivision Information
Subdivision Name: Elliotborough
Financial
Tax Information
Tax District: 71 - City of Charleston
Tax Legal Description: District/Ward 7-1
Tax Map Number: 4600802024
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
School Information
Elementary School: Memminger
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Elliotborough
MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on Oct 7, 2024