MLS# 20003922 | 150 Spring Street Charleston SC | subdivision
843-225-7007
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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), 12 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
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