MLS# 20003922 | 150 Spring Street Charleston SC | subdivision

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$1,400,000 | N/A beds | N/A full baths | N/A half baths | 4,389 sqft

$1,375,000
150 Spring Street
Charleston, SC 29403
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,389SqFt
  • 1872Year Built
  • 0.16Acres
  • MLS# 20003922
  • Multi Family
  • Sold

  • Approx Time on Market1 year, 2 months, 12 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionNone

Overview

A great and unique investment opportunity to generate income from multiple sources. This property is zoned commercial (LB) and is located in the short term rental overlay, making the property eligible to receive a short term rental permit.The two residential units are on the first, second and third floors with each one having their own separate access. The unit on the first floor has four bedrooms and two bathrooms, all on the same level. The unit on the second floor has four bedrooms, two of the bedrooms are on the third floor, and one bathroom.The commercial space on the ground floor can be used for a variety of businesses, it has been gutted out providing the new owner or new tenant to upfit it according to their plans.In the back is enough land to be developed into anotherA great and unique investment opportunity to generate income from multiple sources. This property is zoned commercial (LB) and is located in the short term rental overlay, making the property eligible to receive a short term rental permit.The two residential units are on the first, second and third floors with each one having their own separate access. The unit on the first floor has four bedrooms and two bathrooms, all on the same level. The unit on the second floor has four bedrooms, two of the bedrooms are on the third floor, and one bathroom.The commercial space on the ground floor can be used for a variety of businesses, it has been gutted out providing the new owner or new tenant to upfit it according to their plans.In the back there is potential land to be developed into another building. Prior to placing the property on the market, the owners improved several items: All exterior and interior was painted, new back stairs were installed to both residential units, one of the HVAC units was replaced, new BAR compliant rails installed on front balconies, first floor back bathroom has new tile and sub-flooring, new fence installed, and new windows installed on the commercial space.SIZES:- Commercial Unit on ground floor has two rooms and a storage area. Total size 880 SF.- Residential Unit A (First floor) on the main first floor has 4 bedrooms and 2 bathrooms. Total size 1,749 SF.- Residential Unit B (Second and third floors) on the second and third floor has four bedrooms and 1 bathroom. Total size 1,760 SF.


Sale Info

Listing Date: 02-10-2020

Sold Date: 04-23-2021

Aprox Days on Market: 
   1 Year(s), 2 month(s), 12 day(s)

Listing Sold: 
   3 Year(s), 0 day(s) ago

Original Asking Price: $1,600,000

Asking Price: $1,400,000

Selling Price: $1,375,000

Price Difference From Original: 
Reduced By $225,000

Price Difference From Asking: 
Reduced By $25,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1872

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.16

Lot Size Units:  Acres

Acres:  0.16

Lot Sqft:  6969.6

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Triplex

Room Info

Sale / Lease Info

Sold Date:  2021-04-23T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  1,760

Unit Sqft:  1,749

Unit Sqft:  880

Sqft:  4389

Unit Info

Utilities / Hvac

Heating:  No

Cooling:  No

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Simmons Pinckney

High:  Burke

Courtesy of listing office Dunes Commercial Properties 

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Price & Status History (on marshallwalker.com since Mon, Feb 10th 2020)
  • Original Price: $1,600,000
  • Current Price: $1,400,000
  • Price Reduced: $200,000
Date ChangedFromTo
07/21/2020$1,600,000 $1,400,000 Reduced by $200,000

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 Marshall Walker Real Estate 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 04-23-2024 2:07 PM 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 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-23-2024 2:07 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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