Introducing an exceptional investment opportunity to own 4 active, legal short term rental units encompassing 3 buildings in the heart of Charleston's coveted Cannonborough Elliotborough neighborhood. This property includes a total of 14 bedrooms & 14 bathrooms. The front historic blue building is a renovated duplex, which features 4 bedrooms & 4 bathrooms per unit. To the rear of the property stand 2 newly constructed single family homes, each with 3 bedrooms & 3 bathrooms. These properties present a rare chance to own a piece of Charleston's historic charm, combined with modern amenities & lucrative income. The seamless integration of modern conveniences & historic details ensures a comfortable & captivating living experience for residents or guests alike. Convenient on site parking further enhances the property's appeal, ensuring hassle-free accessibility. With all units currently operating as legal, active short-term rentals, this property presents an enticing income-generating opportunity for savvy investors. Seize this opportunity to invest in the Holy City's only neighborhood allowing legal and welcomed short term vacation rental properties.
Anchored: No
Year Built: 1865
Parking Type: Surface
County: Charleston
Land Size: 0.21
Title: 4 STR units in Downtown Charleston with 3 buildings and a total of 14 beds, 14 bathrooms.
Second Property Subtype: Hospitality, Multi Family
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: 1031 Exchange, Cash, Conventional
Property Type: A
Original Price: $6,249,000
Property Use Type: Commercial, Investment, Multi-Family
Class Type: Multi Family
Rentable Area: 5532
Unit: A,B,C,D
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Keller Williams Realty Charleston West Ashley