Catylist ID: #30569093
160 Spring St - 8 bedrooms in 2 houses - Licensed VRBO
Multi-Family for Sale
|Catylist Listing ID:||30569093|
|Property Subtypes:||Duplex/Fourplex, Mixed Use, Student Housing, Other|
|Number of Units:||2 Units|
|Building Size (RSF):||4,585 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.16 Acres|
|Unit Price:||$1,099,500 Per Unit|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller, Purchase Money Mortgage|
|Vacation Rental Income:||Yes|
Overview / Comments
Turn-key vacation rental opportunity: fully furnished and equipped, and licensed with the City of Charleston. 6 bedrooms total (sleeps 20).
Two homes on one lot, separated by four off-street parking spaces. Both homes have been well maintained and both have vacation rental licenses with the City of Charleston, providing exceptional opportunity and flexibility for a buyer. For example, a buyer can continue to rent both houses as short term rentals, as the current owners do. Or a buyer can rent the back Carriage House as a short-term rental & live in the front house (or vice versa), covering a significant portion of their ownership expenses with short-term rental income.
Most of the furniture conveys with the sale of the real property.
All existing future VRBO/Airbnb reservations will carry forward to the new owner, if desired. 8 bedrooms total (sleeps 20).
The front Main House is a beautiful historic Charleston Double (3,800 sq ft), built in 1840. This three-story, 6 bedroom, 3 1/2 bath home was completely remodeled in 2008 (new roof, HVAC, plumbing, electrical), and has been regularly updated since then. The Main House boasts hardwood floors, a large fully equipped kitchen, top of the line appliances, a gracious living area, five porches, and a private patio.
The modern 2-bedroom, 1 bath Carriage House (785 sq ft) is directly behind the Main House. Four off-street parking spaces are between the Main House and Carriage House, providing separation and privacy for each house.
Attachments & Media
|Nearest MSA:||Charleston-North Charleston|
|Submarket/Township:||51 - Peninsula Chas. inside of crosstown|
|Zoning:||LB - Limited Business|
|Total Number of Buildings:||2|
|Parking Description:||4 off street parking stalls between the Main House and the Carriage House|
|Total Parking Spaces:||4|
|Zoning Description:||LB w/ STR Overlay. These are legal and licensed vacation rentals.|
|In Flood Plain?:||Yes|
|Easements Description:||Perpetual access easement exists over the adjacent alley, providing right of access to the 4 parking spaces|
|Land Ownership:||Fee simple|
|Proximity:||1 mile||3 miles||5 miles|
Jake H LibaireBirchin Lane Realty Advisors, LLC SCCMLS Member
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