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90 Spring Street A,B, Charleston, SC 29403

$2,375,000

FLOORPLANS BOTH UNITS -- 90 Spring First floor A, Second floor B

Property Type: MultiFamily Square Footage: 3,121 Lot Size (sq. ft.): 2,614 Status: Closed

Current Price: $2,375,000 List Date: 4/01/2025 Last Modified: 6/20/2025

Overview

Description

PRICED 250K BELOW APPRAISED VALUE! Professionally Measured: 3,121 total heated sqft! Historic Charleston Duplex - PRIME Short-Term Rental Investment. Appraised at $2,740,000 | $432,500 Revenue in 2024 | Projected 5-10% Rent Increase for 2025. A complete studs-out renovation by Archer Construction, meticulously crafted with attention to every detail. Located just 2 1/2 blocks from Charleston's iconic King Street, 90 Spring Street is a fully furnished 8-bed, 6.5-bath short-term rental duplex with an impressive rental history. This stunning historic property attracts high-end guests, including large groups and wedding parties, looking for a vibrant downtown experience. Property Highlights: Prime Location - Walk Score of 95! Steps from top restaurants, nightlife, and shopping.

Supplements: Two Spacious Units - Each featuring 4 bedrooms and high-end amenities for guests. Newly Added Parking - Two off-street parking spots enhance STR revenue potential. Outdoor Living Spaces - Private porches and a shared back patio, are perfect for relaxing. Unit A (First-Floor Suite): 4 Bedrooms | 3 Bathrooms Bedroom 1: King Bed, En Suite Bath, TV Be ... (Read more)

Listing Details MLS# 25008650

Location, Tax & Legal

Tax Map #: 4600803181
Street #: 90
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: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Directions: From King street, turn onto Spring Street, property will be on your right 2 1/2 blocks down
Unit #: A,B
Legal Description: 90 SPRING

Contract Info

MLS List Date: 2025-03-26
Primary Structure List Price/SqFt: 797.82

General Property Info

Number of Units: 2
# Stories: 2
Ground Level: No
Primary Structure Apx SqFt: 3121
Year Built: 1890
Acreage: 0.06
Potential Short Sale: No
Other Structures Y/N: No

Status Change Info

Sold Date: 2025-05-30
Sold Price/SqFt: 760.97
New Mortgage Type: Cash

Unit 1

SqFt: 1560

Unit 2

SqFt: 1560

More Information

Income, Expenses & Fees

Gross Income: 432500

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

SqFt Source

Appraisal: Yes

Roof

Metal: Yes

Exterior

Wood Siding: Yes

Foundation

Crawl Space: Yes

Zoning

Conforming: Yes

Garage/Parking

1 Car: Yes

Driveway

Concrete: Yes

Architectural Style

Duplex: Yes

New Owned/Pre-owned

Pre-Owned: Yes

Equipment/Appliances

Ceiling Fan: Yes
Dishwasher: Yes
Disposal: Yes
Electric Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes

Cooling

Central Air: Yes
Heat Pump: Yes
Wall Unit(s): Yes

Heat

Central: Yes
Heat Pump: Yes
Wall Unit(s): Yes

Proposed Financing

Any: Yes

Possession

At Closing: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Utility Suppliers

Charleston Water Service: Yes
Dominion Energy: Yes

Property Features

SqFt Source: Appraisal Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Concrete Architectural Style: Duplex Zoning: Conforming Cooling: Central Air; Heat Pump; Wall Unit(s) Heat: Central; Heat Pump; Wall Unit(s) Proposed Financing: Any Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy

Listing Office: Crown Coast Properties

Last Updated: June - 20 - 2025

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