Viewing Listing MLS# 19031467

  • $4,999,900
    No Recent Price Change
  • 49 Spring Street
    Charleston, SC 29403
N/ABeds
N/AFull Baths
N/AHalf Baths
7,194SqFt
2007Year Built
0.18Acres
  • MLS# 19031467
  • Multi Family
  • Active

AreaHistoric Charleston
CountyCharleston

Agent Remarks

Post Sale CAP is 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. 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.


Baths Info

Unit 1 Baths:  1

Unit 2 Baths:  3

Unit 3 Baths:  1

Unit 4 Baths:  3

Building Info

Year Built:  2007

Exterior Features

Architectural Style:  Duplex, More than 4, Quadplex, Single Family Detached, Triplex

Lot Info

Acres:  0

Property Features

Stories:  3.0

Amenity:  Bus Line, Trash Pickup

Rooms Info

Ground Level:  No

SqFt Info

Sqft:  7,194

Unit 1 Sqft:  580

Unit 2 Sqft:  1,818

Unit 3 Sqft:  580

Unit 4 Sqft:  1,818

Unit Info

Unit 2 Bedrooms:  3

Unit 4 Bedrooms:  3

Schools

School Elem:  Mitchell

School Middle:  Simmons Pinckney

School High:  Burke

Courtesy of listing office BORE LLC 

Featured Lender

Laurie Holscher

South State Bank

843-529-5825
Laurie.Holscher@southstatebank.com
https://www.southstatebank.com/loan-officer/laurie-holscher/

Laurie is a native Charlestonian with a keen knowledge of the Lowcountry mortgage market and more than 15 years in the financial industry at South State Bank. She was named South State Bank’s No.1 individual producer in Mortgage Sales in 2012 and 2013, and is consistently amongst the top 1% of mortgage bankers at South State earning the confidence and loyalty of countless Lowcountry residents by providing exceptional service. She is a graduate of College of Charleston and South Carolina Bankers School. Laurie specializes in jumbo lending, conventional loans, physician loans, lot loans, and construction loans, and understands that communication is key to delivering exceptional service during the home loan process. When she is not helping customers with their mortgage needs, Laurie and her husband, Ted enjoy spending time with their three children.

Contact Laurie today and let her expertise work for you.

Mortgage Calculator

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Price & Status History (on holycityre.com since Wed, Nov 13th 2019)
  • Original Price: $4,999,900
  • Current Price: $4,999,900
  • Price Reduced: $0
Date ChangedFromTo
03/19/2020Active ContingentActive
02/06/2020ActiveActive Contingent
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than ChuckTown Homes, LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 06-05-2020 9:08 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2020 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2020 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 06-05-2020 9:08 AM EST est.

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