$3,750,000
150 Spring Street
Charleston, SC 29403
MLS# 24021097
Status: Closed
4469 sqft


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Property Description
FULLY LICENSED AS 3 SEPARATE STR UNITS with revenue! Traditional Charleston meets modern design is what you will find in this refined property by Cozy Development. Renewed this extensive renovation boasts luxury finishes with three separate dwelling units. VALUE ADD: NEW BUILD The property site has the opportunity to add a second sizable structure on the same lot. The Charleston Zoning officials have confirmed from ''Sketch Wednesday'' the path forward to add this second structure, totaling 4 approved STR bedrooms with 4 en-suite bathrooms. Seller agrees to provide any architectural plans, structural engineer plans, civil engineering plans (turning exhibit, utility, sprinkler) and stormwater plans with purchase.

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 939.58
MLS List Date: 2024-08-20
Status: Closed
List Price: $4,199,000
Current Price: $3,750,000
Location, Tax & Legal
Legal Description: 150 SPRING
Tax Map #: 4601102080
Street #: 150
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: None
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
General Property Info
# Stories: 3
Ground Level: Yes
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 3
Primary Structure Apx SqFt: 4469
Year Built: 1872
Acreage: 0.16
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
Status Change Info
Sold Price/SqFt: 839.11
New Mortgage Type: Conventional
Sold Date: 2024-10-18
SqFt Source
Appraisal: 1
Builder/Owner: 1
Unit 1
SqFt: 1017
Bedrooms: 3
Baths: 1
Unit 2
SqFt: 1736
Bedrooms: 4
Baths: 2
Unit 3
SqFt: 1718
Bedrooms: 4
Baths: 4
Roof
Metal: 1
Exterior
Wood Siding: 1
Foundation
Basement: 1
See Remarks: 1
Garage/Parking
Other (Use Remarks): 1
Driveway
Gravel: 1
Architectural Style
Triplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Dishwasher: 1
Dryer: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Cooling
Central Air: 1
Heat
Electric: 1
Heat Pump: 1
Sale Includes
All Furniture: 1
Proposed Financing
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: Appraisal; Builder/Owner
Roof: Metal
Exterior: Wood Siding
Foundation: Basement; See Remarks
Driveway: Gravel
Architectural Style: Triplex
Cooling: Central Air
Heat: Electric; Heat Pump
Sale Includes: All Furniture
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
VALUE ADD: PROPROSED ADDITION Inquire about the value add possibilities for this property. IDEAL LOCATION Appointed within the short term rental district, you'll be located within one quintessential neighborhood of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be a half mile to King Street and a few minutes walk to Chubby Fish, Vern's, Xiao Bao, 132 Spring Coffee, and BaBa Coffee, making it highly desirable for STR guests. RENOVATED, FURNISHED, TURNKEY Each of the units have been renovated with similar finishes throughout. The kitchen in each unit is the focal point of every home, which is why each kitchen is dressed in gold finishes and boasts professional grade stainless steel appliances, white custom shaker cabinets, and quartz/quartzite countertops with luxury hand molded backsplash. Other features throughout the units included walk in tiled showers with frameless glass doors, herringbone pattern wood floors in the main floor unit, picture frame molding added throughout the main living areas to bring out the Charleston charm you're expected to experience, a spiral staircase in the upstairs unit, and so much more. A floorplan of this home is available for better understanding of each unit. As a part of the renovations, the property has been outfitted with a commercial fire alarm and R-13 sprinkler system, installed connection for new build sprinkler system as well. Finally, the lot is of considerable size with ample off street parking spaces available for large bookings. HIGH CASHFLOW PROPERTY-Financial revenue numbers since the STR license was established in January 2024 are available upon request.

IDX
Listing Office: The Boulevard Company

Last Updated: August - 28 - 2025

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