$5,300,000

162 Spring St Unit A, B, C, D, & E Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood

Estimated payment $33,760/month

Total Views 2,397
12 Beds
-- Bath
5,881 Sq Ft
$901 Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • Cooling Available
  • Ceiling Fan
  • Furnished
  • Central Heating
  • Stacked Washer and Dryer

About This Home

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.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 skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.

Listing Agent

Mason Wright

Premier Realty License #113381 Listed on: 05/20/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 9,583 Sq Ft Lot
  • Zoning described as Conforming

Parking

  • Open Parking

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 5,881 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Fire Sprinkler System
  • Stacked Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Cannonborough Elliotborough Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1880
  • Lot Size Acres: 0.22
  • Inclusions: All Furniture
  • Subdivision Name: Cannonborough-Elliotborough
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Single Family Detached, Triplex
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Range, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Washer
  • Total Bedrooms: 12
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Metal
  • Construction Type: Vinyl Siding
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Zoning Description: Conforming

Multi Family

  • Annual Gross Income: 462799
  • Property Net Operating Income: 281476
  • Annual Operating Expense: 181323.19

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2026 05/20/26 For Sale $5,300,000 +16.0% $901 / Sq Ft
04/15/2022 04/15/22 Sold $4,570,000 -13.0% $777 / Sq Ft View Prior Sale
02/14/2022 02/14/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $5,250,000 -- $893 / Sq Ft
Source: CHS Regional MLS

Source: CHS Regional MLS

MLS Number: 26014816

CHS Regional MLS
South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

162 Spring St Unit A, B, C, D, & E, Charleston, SC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2026 Charleston Trident MLS. All Rights Reserved

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Listing Agent
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Premier Realty
(854) 946-5067
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