$2,375,000
Charleston, SC 29403
MLS# 25008650
Status: Closed
3121 sqft
1 / 51
Property Description
PRICED 250K BELOW APPRAISED VALUE! Professionally Measured: 3,121 total heated sqft! Historic Charleston Duplex - PRIME Short-Term Rental Investment. Appraised at $2,740,000 | $432,500 Revenue in 2024 | Projected 5-10% Rent Increase for 2025. A complete studs-out renovation by Archer Construction, meticulously crafted with attention to every detail. Located just 2 1/2 blocks from Charleston's iconic King Street, 90 Spring Street is a fully furnished 8-bed, 6.5-bath short-term rental duplex with an impressive rental history. This stunning historic property attracts high-end guests, including large groups and wedding parties, looking for a vibrant downtown experience. Property Highlights: Prime Location - Walk Score of 95! Steps from top restaurants, nightlife, and shopping.
Details
Maps
Contract Info
Primary Structure List Price/SqFt: 797.82
MLS List Date: 2025-03-26
Status: Closed
List Price: $2,490,000
Current Price: $2,375,000
Location, Tax & Legal
Unit #: A,B
Legal Description: 90 SPRING
Tax Map #: 4600803181
Street #: 90
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: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Directions: From King street, turn onto Spring Street, property will be on your right 2 1/2 blocks down
General Property Info
# Stories: 2
Ground Level: No
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 2
Primary Structure Apx SqFt: 3121
Year Built: 1890
Acreage: 0.06
Income, Expenses & Fees
Gross Income: 432500
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
Status Change Info
Sold Price/SqFt: 760.97
New Mortgage Type: Cash
Sold Date: 2025-05-30
SqFt Source
Appraisal: 1
Unit 1
SqFt: 1560
Bedrooms: 4
Baths: 3
Unit 2
SqFt: 1560
Bedrooms: 4
Baths: 3.5
Roof
Metal: 1
Exterior
Wood Siding: 1
Foundation
Crawl Space: 1
Zoning
Conforming: 1
Garage/Parking
1 Car: 1
Driveway
Concrete: 1
Architectural Style
Duplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Electric Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Cooling
Central Air: 1
Heat Pump: 1
Wall Unit(s): 1
Heat
Central: 1
Heat Pump: 1
Wall Unit(s): 1
Proposed Financing
Any: 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
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Concrete
Architectural Style: Duplex
Zoning: Conforming
Cooling: Central Air; Heat Pump; Wall Unit(s)
Heat: Central; Heat Pump; Wall Unit(s)
Proposed Financing: Any
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
Two Spacious Units - Each featuring 4 bedrooms and high-end amenities for guests.
Newly Added Parking - Two off-street parking spots enhance STR revenue potential.
Outdoor Living Spaces - Private porches and a shared back patio, are perfect for relaxing.
Unit A (First-Floor Suite):
4 Bedrooms | 3 Bathrooms
Bedroom 1: King Bed, En Suite Bath, TV
Bedroom 2: King Bed, En Suite Bath, TV
Bedroom 3: Queen Bed, TV
Bedroom 4: Queen Bed, TV
Shared Full Bath for Queen Bedrooms
Spacious Living Area & Fully Equipped Kitchen
Private Porch & Off-Street Parking (1 Spot)
Unit B (Second-Floor Suite):
4 Bedrooms | 3.5 Bathrooms
Bedroom 1: King Bed, Shared En Suite Bath
Bedroom 2: King Bed, Shared En Suite Bath
Bedroom 3: Queen Bed, En Suite Bath
Bedroom 4: Queen Bed, En Suite Bath
Living Room: Queen Sleeper Sofa
Full Kitchen & Living Space
Private Charleston-Style Porch
Shared Back Patio & Off-Street Parking (1 Spot)
Prime Downtown Location:
Situated in the sought-after Elliotborough/Cannonborough district, this home is surrounded by Charleston's best culinary spots, including Xiao Bao Biscuit, Chubby Fish / Seahorse, Verns, Southbound, and Welton's Tiny Bakeshop. Just a short stroll to King Street, guests enjoy access to boutique shopping, historic attractions, and vibrant nightlife. Plus, it's only 15 minutes from the beach!
This turn-key investment property offers strong revenue potential in one of Charleston's most desirable neighborhoods. Don't miss outschedule your showing today!
Listing Office: Crown Coast Properties
Last Updated: June - 20 - 2025
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