$2,315,000
Charleston, SC 29403
MLS# 23023569
Status: Closed
2268 sqft
1 / 9
Property Description
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 of
Details
Contract Info
MLS List Date: 2023-10-15
Status: Closed
List Price: $2,590,000
Current Price: $2,315,000
Primary Structure List Price/SqFt: 1141.98
Location Tax Legal
Tax Map #: 4601201060
Street #: 183
Street Name: St Philip
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 11 - Town of McClellanville
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Located near the corner at Cannon Street and Saint Philip Street
General Property Info
Number of Units: 2
# Stories: 1
Ground Level: No
Primary Structure Apx SqFt: 2268
Year Built: 1852
Acreage: 0.04
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Status Change Info
Sold Date: 2024-01-18
Sold Price/SqFt: 1020.72
New Mortgage Type: Conventional
Unit 1
Bedrooms: 3
Baths: 3
Unit 2
Bedrooms: 3
Baths: 3
Property Features
SqFt Source: Builder/Owner
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Other (Use Remarks)
Architectural Style: Duplex
Cooling: Central Air
Heat: Heat Pump
Sale Includes: All Furniture
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
nightlife 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
Listing Office: The Boulevard Company
Last Updated: August - 28 - 2025
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