199 Spring Street, Charleston, SC 29403
$970,000
Property Type:
MultiFamily
Square Footage:
2,341
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$970,000
List Date:
4/01/2024
Last Modified:
5/01/2024
Description
Welcome home to 199 Spring Street, a gorgeous, incoming-producing Charleston Single-style multifamily in the heart of Charleston and MINUTES from all it has to offer. 199 Spring is commercially zoned, allowing for different business possibilities! This property consists of a few units; 2 studios, 1 apartment, and 2 larger units - one on each floor. Each unit is 1 bedroom (formal or studio) and 1 bathroom but all vary in size. 199 Spring has hardwood floors throughout the entire property, double porches, roof recoated within the last 5 years. One of the rare finds in downtown Charleston, this property offers ample parking in the rear. Parking is often a premium in this historic area, making this feature a valuable asset for both tenants, future customers, new owners.
Supplements: This property also gets treated quarterly for termites. Don't miss this rare gem in the heart of downtown!
More Information MLS# 23027276
Contract Info
MLS List Date: 2023-12-05
Status: Active
List Price: $970,000
Current Price: $970,000
Location, Tax & Legal
Tax Map #: 4601104112
Street #: 199
Street Name: Spring
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Legal Description: 199 SPRING
Directions: Going through the Crosstown heading north on Spring, property is on the right.
General Property Info
Number of Units: 5
# Stories: 2
Primary Structure Apx SqFt: 2341
Year Built: 1885
Acreage: 0.09
Potential Short Sale: No
Other Structures Y/N: No
Income, Expenses & Fees
Gross Income: 87000
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Unit 1
Bedrooms: 1
Baths: 1
Unit 2
Bedrooms: 1
Baths: 1
Unit 3
Bedrooms: 1
Baths: 1
Unit 4
Bedrooms: 1
Baths: 1
Property Features
SqFt Source: Previous Listing; Tax Records
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Garage/Parking: Other (Use Remarks)
Architectural Style: More than 4; Quadplex; Triplex
New Owned/Pre-owned: Pre-Owned
Equipment/Appliances: Ceiling Fan; Dishwasher; Electric Range; Refrigerator
Cooling: Central Air
Heat: Electric
Sale Includes: Building and Land
Tenant Pays: All Utilities
Proposed Financing: Cash; Conventional Loan; Seller/Private
Possession: Tenants Rights
Water/Sewer: Public Sewer; Public Water
Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: Maven Realty
Last Updated: May - 01 - 2024
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