49 Spring Street, Charleston, SC 29403 (MLS# 19031467)


$4,999,900
49 Spring Street
Charleston, SC 29403
MLS# 19031467
7194 sqft


49 Spring Street, Charleston, SC 29403
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49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403 49 Spring Street, Charleston, SC 29403

Property Description
CAP 7.2 Portfolio of Three Buildings. Units renovated in 2019. Properties are the best performing on the peninsula crushing other STR units and have seen double digit gains since inception annually. Legally zoned, permitted and operating under Short Term Rentals. Each Building has 1st floor commercial space of 580 sqft fully leased out. The 2nd & 3rd floor operates under short term rentals and has 3 bed 2.5 bath 1,818 sqft. You've got 7 private off-street parking, comfy beds and are a block from King Street, what else could you ask for! Big flat screen TV, high-speed Wi-Fi Internet with a work desk in loft area.

Details
Maps
Contract Info
List Date: 2019-11-12
List Price: $4,999,900
Current Price: $4,999,900
List Price/SqFt: 695.01
Location, Tax & Legal
Tax Map #: 460-08-04-118
Street #: 49
Street Name: Spring
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - Charleston Peninsula
Subdivision: Cannonborough-Elliottborough
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Legal Description: 47A TMS 4600804114 - 47B TMS 4600804115 47.5A TMS 4600804116 - 47.5B 4600804117 49A TMS 4600804119 - 49B 4600804118
Directions: Corner Of spring and St Phillips
General Property Info
# Units: 6
# Stories: 3
Ground Level: No
Apx. SqFt: 7194
Year Built: 2007
Acreage: 0.18
Lease Purchase: No
Potential Short Sale: No
Income, Expenses & Fees
Auction: No
Status Change Info
Status: Active
Unit 1
SqFt: 580
Baths: 0.5
Unit 2
SqFt: 1818
Bedrooms: 3
Baths: 2.5
Unit 3
SqFt: 580
Baths: 0.5
Unit 4
SqFt: 1818
Bedrooms: 3
Baths: 2.5
Unit 5
SqFt: 580
Baths: 0.5
Unit 6
SqFt: 1818
Bedrooms: 3
Baths: 2.5
Property Features
SqFt Source: Builder/Owner; Tax Records
Exterior: Wood Siding
Foundation: Slab
Garage/Parking: 1 Car; 1.5 Car; 2 Car; Other (Use Remarks)
Architectural Style: Duplex; More than 4; Quadplex; Single Family Detached; Triplex
New Owned/Pre-owned: Pre-Owned
Zoning: Conforming
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Electric - Cooktop; Fire Sprinkler; Microwave Built-In; Refrigerator; Stacked Washer/Dryer; Washer; Washer Connection
Cooling: Central
Amenities: Bus Line; Trash Pickup
Sale Includes: All Furniture; Some Furniture
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Water/Sewer: Public Sewer; Public Water
Supplements
Walking is nice from the home, one block from king street puts you right in the mix of all you want to see and do. Bedroom Layout as follows: King in Master, Queen in bedroom adjacent Master, Queen and bunk bed with two singles that adults can comfortably use, Queen Pullout Couch on 3rd floor. Short term rental is being sold with furniture. Interior images are of similar listing/model.

Listing Office: BORE LLC

Last Updated: January - 08 - 2020

49 Spring Street, Charleston, SC 29403 - MLS# 19031467

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Monday 27th of January 2020 06:52 AM