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$2,425,000
40 Spring Street A & B Charleston, SC 29403 MLS# 24025694 Status: Closed 2711 sqft
1 / 42
Property Description ***$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*
Details
Maps
Contract Info
Primary Structure List Price/SqFt: 918.48
MLS List Date: 2024-10-07
Status: Closed
List Price: $2,490,000
Current Price: $2,425,000
Location, Tax & Legal
Unit #: A & B
Legal Description: District/Ward 7-1
Tax Map #: 4600802024
Street #: 40
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: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: From King Street turn onto Spring Street.
General Property Info
# Stories: 2
Ground Level: Yes
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 2
Primary Structure Apx SqFt: 2711
Year Built: 1900
Acreage: 0.09
Income, Expenses & Fees
Auction: No
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
Status Change Info
Sold Price/SqFt: 894.5
New Mortgage Type: Conventional
Sold Date: 2025-03-03
SqFt Source
Tax Records: 1
Unit 1
SqFt: 1355
Bedrooms: 3
Baths: 3
Unit 2
SqFt: 1355
Bedrooms: 3
Baths: 3.5
Roof
Asphalt Shingle: 1
Exterior
Wood Siding: 1
Foundation
Crawl Space: 1
Zoning
Conforming: 1
Driveway
Gravel: 1
Architectural Style
Duplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Gas Range: 1
Range Hood: 1
Refrigerator: 1
Cooling
Wall Unit(s): 1
Heat
Wall Unit(s): 1
Sale Includes
All Furniture: 1
Proposed Financing
Any: 1
Possession
At Closing: 1
Special
Termite Bond: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Tax Records
Roof: Asphalt Shingle
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Gravel
Architectural Style: Duplex
Zoning: Conforming
Cooling: Wall Unit(s)
Heat: Wall Unit(s)
Sale Includes: All Furniture
Proposed Financing: Any
Possession: At Closing
Special: Termite Bond
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
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
Listing Office: The Boulevard Company
Last Updated: November - 05 - 2025
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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