$2,425,000
SOLD MAR 3, 2025

40 Spring St Unit A & B Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood
6 Beds
-- Bath
2,711 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$895 Per Sq Ft

21% Below List Price

118 Days on Market

Highlights

  • Furnished
  • Ceiling Fan
  • Heating Available
  • Cooling Available
  • Wood Siding

About This Home

As of March 2025

***$400,000 in total revenue for 2024. Appraisal in hand at $2,640,000.***Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*This property is part of a partial portfolio sale consisting of the following addresses:

- 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181

- 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244

- 65 Spring Street (commercial space) TMS: 460-08-03-053

Last Agent to Sell the Property

Saralouise 'SL' Saad

The Boulevard Company License #109635 Listed on: 10/07/2024

The Boulevard Company

Last Buyer's Agent

Marjorie Corbin

EXP Realty LLC License #110460

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,711 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Schools

  • Memminger Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Elliotborough Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1900
  • Lot Size Acres: 0.09
  • Inclusions: All Furniture
  • Subdivision Name: Elliotborough
  • Directions: From King Street Turn Onto Spring Street.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Refrigerator
  • Total Bedrooms: 6
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3920.399999
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4600802024

Multi Family

  • Number Of Units Total: 2

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $2,425,000 -2.6% $895 / Sq Ft
01/30/2025 01/30/25 Price Changed $2,490,000 -9.5% $918 / Sq Ft
11/21/2024 11/21/24 Price Changed $2,750,000 -10.1% $1,014 / Sq Ft
10/07/2024 10/07/24 For Sale $3,057,500 -- $1,128 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Saralouise 'SL' Saad

    Seller's Agent in 2025

    Saralouise 'SL' Saad

    The Boulevard Company

    (864) 430-1730

    10 in this area

    121 Total Sales

    Section Image
  • Marjorie Corbin

    Buyer's Agent in 2025

    Marjorie Corbin

    EXP Realty LLC

    (803) 807-1928

    8 in this area

    109 Total Sales

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 24025694

CHS Regional MLS

South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

40 Spring St Unit A & B, Charleston, SC

This home is located at 40 Spring St Unit A & B, Charleston, SC 29403 and is currently priced at $2,425,000, approximately $894 per square foot. This property was built in 1900. 40 Spring St Unit A & B is a home located in Charleston County with nearby schools including Mitchell Elementary School, James Simons Elementary School, and Simmons Pinckney Middle.

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. © 2025 Charleston Trident MLS. All Rights Reserved

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