PRICED 250K BELOW APPRAISED VALUE! Professionally Measured: 3,121 total heated sqft! Historic Charleston Duplex - PRIME Short-Term Rental Investment. Appraised at $2,740,000 | $432,500 Revenue in 2024 | Projected 5-10% Rent Increase for 2025. A complete studs-out renovation by Archer Construction, meticulously crafted with attention to every detail. Located just 2 1/2 blocks from Charleston's iconic King Street, 90 Spring Street is a fully furnished 8-bed, 6.5-bath short-term rental duplex with an impressive rental history. This stunning historic property attracts high-end guests, including large groups and wedding parties, looking for a vibrant downtown experience.Property Highlights:Prime Location - Walk Score of 95! Steps from top restaurants, nightlife, and shopping.Two Spacious Units - Each featuring 4 bedrooms and high-end amenities for guests. Newly Added Parking - Two off-street parking spots enhance STR revenue potential. Outdoor Living Spaces - Private porches and a shared back patio, are perfect for relaxing. Unit A (First-Floor Suite): 4 Bedrooms | 3 Bathrooms Bedroom 1: King Bed, En Suite Bath, TV Bedroom 2: King Bed, En Suite Bath, TV Bedroom 3: Queen Bed, TV Bedroom 4: Queen Bed, TV Shared Full Bath for Queen Bedrooms Spacious Living Area & Fully Equipped Kitchen Private Porch & Off-Street Parking (1 Spot) Unit B (Second-Floor Suite): 4 Bedrooms | 3.5 Bathrooms Bedroom 1: King Bed, Shared En Suite Bath Bedroom 2: King Bed, Shared En Suite Bath Bedroom 3: Queen Bed, En Suite Bath Bedroom 4: Queen Bed, En Suite Bath Living Room: Queen Sleeper Sofa Full Kitchen & Living Space Private Charleston-Style Porch Shared Back Patio & Off-Street Parking (1 Spot) Prime Downtown Location: Situated in the sought-after Elliotborough/Cannonborough district, this home is surrounded by Charleston's best culinary spots, including Xiao Bao Biscuit, Chubby Fish / Seahorse, Verns, Southbound, and Welton's Tiny Bakeshop. Just a short stroll to King Street, guests enjoy access to boutique shopping, historic attractions, and vibrant nightlife. Plus, it's only 15 minutes from the beach! This turn-key investment property offers strong revenue potential in one of Charleston's most desirable neighborhoods. Don't miss out schedule your showing today!
LISTED BY IOP Residential Real Estate, (843) 242-8883
