162 Spring Street A, B, C, D, E, Charleston, SC 29403 (MLS# 26014816)

162 Spring Street A, B, C, D, E, Charleston, SC 29403

$5,000,000
Property Type: MultiFamily Square Footage: 5,881 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $5,000,000 List Date: 5/21/2026 Last Modified: 8/28/2026

Overview

Description

On pace for over $400,000 in gross revenue! Introducing 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston’s STR overlay. Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant. The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total) The middle building is a 4BR/3BA single-family home built in 2018. The perfect house to own downtown, that doesn’t come with the deferred maintenance of a 100 year old historic home.

Supplements: The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula — Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that ske

Listing Details MLS# 26014816

Location, Tax & Legal

Tax Map #
4601102089
Street #
162
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
Cannonborough-Elliotborough
Elementary School
James Simons
Middle School
Simmons Pinckney
High School
Burke

Contract Info

MLS List Date
2026-05-20
Primary Structure List Price/SqFt
850.2

General Property Info

Number of Units
4
Total Apx SqFt
5881
Year Built
1880
Acreage
0.22
Lease Purchase
No
Potential Short Sale
No
Other Structures Y/N
No

Income Expenses Fees

Annual Expenses
181323.19
Net Income
281476

Unit 1

SqFt
950

Unit 2

SqFt
1325

More Information

Unit 3

SqFt
1608

Unit 4

SqFt
1608

Property Features

SqFt Source: Hired Measurement Roof: Metal Exterior: Vinyl Siding Driveway: Gravel Architectural Style: Single Family Detached; Triplex Zoning: Conforming Cooling: Electric; Natural Gas Heat: Central; Electric; Natural Gas Sale Includes: All Furniture Proposed Financing: Any; Cash; Conventional Loan; Exchange Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
IDX
Listing Office: Premier Realty
Last Updated: August – 28 – 2026
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