MLS# 31003775 | 254 Saint Philip St. UNIT A&B Charleston SC | subdivision
843-225-7007
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Charleston, SC 29403
- $1,140.13Price per SqFt
- 3,504SqFt
- 90Days on Market
- N/AZoning
- 1852Year Built
- HospitalityUse
- MLS# 31003775
- Commercial Sales
- Hospitality
- Active
- Approx Time on Market2 months, 28 days
- AreaHistoric Charleston
- CountyCharleston
- Subdivision N/A
Overview
Investment Hospitality STR Opportunity in Historic District Downtown Charleston - Unlock the doors to a lucrative investment opportunity with Two brand new luxury Multi-Family Hospitality Residential STR buildings For Sale. Set for completion in September 2024 located in the highly coveted Short Term Rental Accommodations Overlay District. Front Unit A is finished and booking guests now. It is a two story, fully remodeled in 2024 with 5 bedrooms and 5 bathrooms in approximately 1652 SF. Rear Unit B is brand new construction and is approx. 1852 SF and is also two story and offers 5 bedrooms, 5 bathrooms with a roof top deck on the third floor. Both units are on one lot, built with the highest quality craftsmanship, this property offers luxury finishes with modern fixtures, can sleep up to 16 plus guests and all furnishings are negotiable to purchase and STR bookings convey at closing. Have the option to live in one unit and short term rent the other for a generous financial benefit or short-term rent both properties and maximize your income return on your investment. This property is new construction and will be fully compliant for STR. The property will be licensed upon completion and operating upon renovations being completed. The building features 4 off-street parking spaces and consists of two distinct units both equipped with brand new plumbing, electrical systems, drywall, appliances, and lighting. Don't miss out on this unique property that combines historical allure with contemporary functionality and profitability. Although the property may have been previously fully licensed and operating, the newly renovated floor plan and financials may differ upon remodel completion. Financials available upon request. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Call listing agent for showing availability.
Building Info
Anchored: No
Year Built: 1852
Financial
Garage / Parking
Parking Type: Surface
Lot Info
County: Charleston
Land Size: 0.09
Misc
Title: Multi-Unit Hospitality Residential STR Property for Sale
Offer Compensation
Property Info
Second Property Subtype: Hospitality, Multi Family
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Conventional
Property Type: A
Original Price: $3,995,000
Property Use Type: Commercial, Hospitality, Inn, Investment, Residential, Vacation/Resort
Class Type: Hospitality
Sold Info
Sqft Info
Rentable Area: 3504
Unit Info
Unit: A&B
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Directions
From Bogard Street, turn left on Saint Philip Street, continue North until reaching 254 Saint Philip.Courtesy of listing office Coldwell Banker Comm/Atlantic Int'l - 8437449877
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