MLS# 23023569 | 183 St Philip Street Charleston SC | Cannonborough-Elliotborough subdivision

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$2,590,000 | 6 beds | N/A full baths | N/A half baths | 2,268 sqft

$2,315,000
183 St Philip Street
Charleston, SC 29403
  • 6Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 2,268SqFt
  • 1852Year Built
  • 0.04Acres
  • MLS# 23023569
  • Multi Family
  • Sold


Overview

PRE-CONSTRUCTION OPPORTUNITY! FULLY LICENSED STR UNDER CONSTRUCTION WITH JANUARY 2024 COMPLETION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property will undergo a major renovation that boasts luxury finishes in this duplex. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter ofnightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. PROPERTY WILL BE EXTENSIVELY RENOVATED, FURNISHED, TURNKEY The property features two units, both with identical floor plans. Each unit features three bedrooms with three full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit include walk in tiled showers with an illuminated shower niche and wood floors throughout. Outside you'll enjoy two piazzas, perfect for a picturesque Charleston evening. The stone paver patio is another eye catching space that can be created as a gathering area for your guests that just adds to the efficiency this home offers. This property is modern and virtually maintenance free!HIGH CASHFLOW PROPERTY Although the property was previously fully licensed and operating, comparable data suggests gross short term rental revenue could exceed $220,000 yearly with the property being freshly renovated with a reworked floor plan. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Looking for projections? Financial projections have been completed by a third party company and are available. LOOKING FOR MULTIPLE SHORT TERM RENTALS (STRS)? 183 Saint Philip Street (23023569) and 23 Cannon Street (23020724) are unique due to sharing property lines. Both units can be purchased together for $4,499,000.00



Sale Info

Listing Date: 10-15-2023

Sold Date: 01-18-2024

Aprox Days on Market: 
    3 month(s), 2 day(s)

Listing Sold: 
   1 Year(s), 6 month(s), 6 day(s) ago

Original Asking Price: $2,590,000

Asking Price: $2,590,000

Selling Price: $2,315,000

Price Difference From Original: 
Reduced By $275,000

Price Difference From Asking: 
Reduced By $275,000

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1852

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.04

Lot Size Units:  Acres

Acres:  0.04

Lot Sqft:  1742.4

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  B

Stories:  1

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Roof:  Metal

Property Subtype:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Structure Type:  Duplex

Room Info

Beds:  6

Sale / Lease Info

Sold Date:  2024-01-18T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Sqft Info

Sqft:  2268

Unit Info

Number of Units Total:  2

Unit Bedrooms:  3

Unit Bedrooms:  3

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Simmons Pinckney

High:  Burke

Directions

Located Near The Corner At Cannon Street And Saint Philip Street

Courtesy of listing office The Boulevard Company 

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On marshallwalker.com since Sun, Oct 15th 2023
No Property History recorded for this listing.

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 07-24-2025 7:50 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 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 07-24-2025 7:50 AM 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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