40 Spring Street A & B, Charleston, SC 29403 (MLS# 24025694)

$2,425,000

40 Spring Street A & B
Charleston, SC 29403
MLS# 24025694
Status: Closed
2711 sqft

1 / 42

40 Spring Street A & B, Charleston, SC 29403

Property Description
***$400,000 in total revenue for 2024. Appraisal in hand at $2,640,000.*** Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*

Details

Contract Info

MLS List Date: 2024-10-07

Status: Closed

List Price: $2,490,000

Current Price: $2,425,000

Primary Structure List Price/SqFt: 918.48

Location Tax Legal

Tax Map #: 4600802024

Street #: 40

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: Elliotborough

Elementary School: Memminger

Middle School: Simmons Pinckney

High School: Burke

Directions: From King Street turn onto Spring Street.

General Property Info

Number of Units: 2

# Stories: 2

Ground Level: Yes

Primary Structure Apx SqFt: 2711

Year Built: 1900

Acreage: 0.09

Potential Short Sale: No

Other Structures Y/N: No

Status Change Info

Sold Date: 2025-03-03

Sold Price/SqFt: 894.5

New Mortgage Type: Conventional

Unit 1

SqFt: 1355

Bedrooms: 3

Baths: 3

Unit 2

SqFt: 1355

Bedrooms: 3

Baths: 3.5

Property Features

SqFt Source: Tax Records

Roof: Asphalt Shingle

Exterior: Wood Siding

Foundation: Crawl Space

Driveway: Gravel

Architectural Style: Duplex

Zoning: Conforming

Cooling: Wall Unit(s)

Heat: Wall Unit(s)

Sale Includes: All Furniture

Proposed Financing: Any

Possession: At Closing

Special: Termite Bond

Utility Suppliers: Charleston Water Service; Dominion Energy

Supplements

This property is part of a partial portfolio sale consisting of the following addresses: - 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 - 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244 - 65 Spring Street (commercial space) TMS: 460-08-03-053

Listing Office: The Boulevard Company

Last Updated: November - 05 - 2025

40 Spring Street A & B, Charleston, SC 29403 - MLS# 24025694

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