Viewing Listing MLS# 22001048

$4,950,000 | 12 beds | N/A full baths | N/A half baths | 5,881 sqft

$4,570,000
162 Spring Street UNIT A, B, C, D, & E
Charleston, SC 29403
  • 12Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 5,881SqFt
  • 1880Year Built
  • 0.22Acres
  • MLS# 22001048
  • Multi Family
  • Sold

  • Approx Time on Market3 months,
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionElliottborough

Overview

162 Spring is a fully operating short term rental and legally zoned in the short term rental overlay of Downtown Charleston. This property features 5 units in 3 separate buildings. The front building includes (2) 2BR/2BA apartments, and a fully leased NNN commercial space.The middle and back building are both 4BR/3BA homes built in 2018.In addition, this property has 7 off-street parking spaces. All furniture to convey.


Sale Info

Listing Date: 01-14-2022

Sold Date: 04-15-2022

Aprox Days on Market: 
    3 month(s), 0 day(s)

Listing Sold: 
   1 Year(s), 11 month(s), 13 day(s) ago

Original Asking Price: $5,250,000

Asking Price: $4,950,000

Selling Price: $4,570,000

Price Difference From Original: 
Reduced By $680,000

Price Difference From Asking: 
Reduced By $380,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Building Info

Year Built:  1880

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.22

Lot Size Units:  Acres

Acres:  0.22

Lot Sqft:  9583.2

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  B

Stories:  2

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  More than 4

Room Info

Beds:  12

Sale / Lease Info

Sold Date:  2022-04-15T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  1,608

Unit Sqft:  1,325

Unit Sqft:  950

Unit Sqft:  1,608

Unit Sqft:  390

Sqft:  5881

Unit Info

Unit Bedrooms:  4

Number of Units Total:  5

Unit:  A, B, C, D, & E

Unit Bedrooms:  2

Unit Bedrooms:  2

Unit Bedrooms:  4

Utilities / Hvac

Heating:  No

Cooling:  No

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Simons

Middle:  Simmons Pinckney

High:  Burke

Courtesy of listing office Boneworks LLC 

Featured Lender

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Ronda Hammang

AnnieMac Home Mortgage

843-460-3303
rhammang@annie-mac.com
https://rondahammang.annie-mac.com

AnnieMac Correspondent, AnnieMac Wholesale, The Mortgage Company and LoFiDirect are Divisions of AnnieMac Home Mortgage which is a d/b/a of American Neighborhood Mortgage Acceptance Company, LLC . NMLS # 338923. AnnieMac Home Mortgage is an Equal Opportunity Employer with headquarters located at 700 East Gate Drive, Suite 400, Mt. Laurel, New Jersey, 08054. Please visit our website at https://rondahammang.annie- mac.com/pages/licensing for our complete list of state licenses. This communication is not intended to imply that any of our loan products will be offered by or in conjunction with HUD, FHA, VA the U.S. government or any federal, state or local governmental body. This email contains business-to-business information which is solely intended for real estate and mortgage professionals and is not intended for consumer use or distribution. Programs, rates, terms and conditions are subject to change without notice. You are receiving this email from your current connection with AnnieMac Home Mortgage. 

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Price & Status History (on 55pluscharlestonsc.com since Fri, Jan 14th 2022)
  • Original Price: $5,250,000
  • Current Price: $4,950,000
  • Price Reduced: $300,000
Date ChangedFromTo
04/15/2022$4,570,000 $4,950,000 Increase by $380,000
04/15/2022$4,950,000 $4,570,000 Reduced by $380,000
02/06/2022$4,995,000 $4,950,000 Reduced by $45,000
01/27/2022$5,250,000 $4,995,000 Reduced by $255,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Realty ONE Group Coastal are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-28-2024 5:05 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 5:05 PM EST est.

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