Multifamily in Short-term Overlay
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$420,000 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
87 Spring Street is one of two multi-family properties situated side by side at 87 and 89 Spring Street. The property is ±6,096 SF and includes 5 units, which are all rented for the 2018-2019 school year. With an average of 5 million visitors annually, there is no better time than now to capitalize on the demand for accommodations by converting these properties to short-term rentals.
Located a few blocks from King Street, within the vibrant Spring Street corridor. Encompassing a comfortable and safe urban setting built for the boutique-shopper, food connoisseur or fitness enthusiast, the Spring and King Street corridors showcase an eclectic mix of activities. As downtown Charleston continues to evolve, the upper peninsula is testing the traditional boundaries and inviting people to expand their thinking, territory and experiences.
In addition to the bustling Spring and King Streets, 87-89 Spring Street is in close proximity to the Medical District, Westedge/Discovery District and the College of Charleston. Aside from catering to the traveler visiting Charleston for a leisurely stay, 87-89 Spring Street would make the perfect residences for families visiting college students, medical professionals on business trips, or families of hospital patients.
Easy access on/off the peninsula from Highway 17-Septima Clark Parkway via Spring Street.
Attachments & Media
||51 - Peninsula Chas. inside of crosstown
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