162 Spring Street, A, B, C, D, & E, Charleston, SC 29403 (MLS# 22001048)

162 Spring Street, A, B, C, D, & E, Charleston, SC 29403

$4,570,000
Property Type: MultiFamily Square Footage: 5,881 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $4,950,000 List Date: 1/14/2022 Last Modified: 4/15/2022

Description

162 Spring is a fully operating short term rental and legally zoned in the short term rental overlay of Downtown Charleston. This property features 5 units in 3 separate buildings. The front building includes (2) 2BR/2BA apartments, and a fully leased NNN commercial space. The middle and back building are both 4BR/3BA homes built in 2018. In addition, this property has 7 off-street parking spaces. All furniture to convey.

More Information MLS# 22001048

Contract Info

MLS List Date: 2022-01-14 Status: Closed List Price: $4,950,000 Current Price: $4,570,000

Location, Tax & Legal

Tax Map #: 4601102089 Street #: 162 Street Name: Spring Street Suffix: Street Unit #: A, B, C, D, & E County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 99 - City of Charleston Subdivision: Elliottborough Elementary School: James Simons Middle School: Simmons Pinckney High School: Burke Legal Description: 162 Spring

General Property Info

Number of Units: 5 # Stories: 2 Primary Structure Apx SqFt: 5881 Year Built: 1880 Acreage: 0.22 Potential Short Sale: No

Income, Expenses & Fees

Gross Income: 451316.99

Office/Member Info

Buyers Agency Compensation: 2 Buyers Agency Compensation Type: %

Status Change Info

Sold Date: 2022-04-15 Sold Price/SqFt: 777.08 New Mortgage Type: Conventional

Unit 1

SqFt: 390 Baths: 1

Unit 2

SqFt: 950 Bedrooms: 2 Baths: 2

Unit 3

SqFt: 1325 Bedrooms: 2 Baths: 2

Unit 4

SqFt: 1608 Bedrooms: 4 Baths: 3

Unit 5

SqFt: 1608 Bedrooms: 4 Baths: 3

Property Features

SqFt Source: Previous Listing Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Garage/Parking: Other (Use Remarks) Driveway: Gravel Architectural Style: More than 4 New Owned/Pre-owned: Pre-Owned Proposed Financing: Any
Listing Office: Boneworks LLC
Last Updated: April - 15 - 2022
162 Spring Street, A, B, C, D, & E, Charleston, SC 29403- MLS# 22001048
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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