78 Society St Charleston, SC 29401
Charleston City Market NeighborhoodEstimated payment $17,339/month
Total Views
9,418
5
Beds
5
Baths
3,059
Sq Ft
$948
Price per Sq Ft
Highlights
- Fireplace in Bedroom
- Charleston Architecture
- The community has rules related to allowing live work
- Marble Flooring
- High Ceiling
- 2-minute walk to Courtenay Square
About This Home
Welcome to the R.C. Salas House located at 78 Society St. This unique property, with a history dating back to the 1880s, is located in the heart of downtown's commercial district. The building is situated along the bustling section of Society Street between Meeting Street and King Street, just a few blocks north of the Charleston Place Hotel.Thoughtfully designed for comfort and charm, this turnkey property features twoseparate units, ideal for investors looking to maximize rental revenue. Importantly, the property benefits from a rare BZAZ special exception, which allows for the operation of two legal accommodation units on the property. This is a premier investment property, with a proven track record of short-term rental success on Airbnb and VRBO-(the current owner has operated the property as a self-managed short term rental operation for several years). In addition to two on-site (tandem) parking spaces, the property benefits from an off-site parking easement with the right to use two parking spaces in the adjacent property that are located immediately next to 78 Society St (there is no monthly cost for the use of these spaces and are available 24/7).
The downstairs unit sleeps 4 guests with 2 bedrooms and 2.5 bathrooms. The upstairs unit sleeps 8 guests with 3 bedrooms and 1.5 bathrooms. The entire home accommodates up to 12 guests with a total of 5 bedrooms, 3 full baths, and 2 half baths. This home features fully equipped kitchens on both levels, 7 fireplaces (not used by owner), charming, enclosed side porches, and a picturesque courtyard in the back. For a creative investor, the rear section of the property may offer an opportunity to expand the structure or build a supplemental building (buyer to study and verify).
Why You'll Love it!
- Turnkey: Ready for immediate rental income
-Prime Location: In the heart of downtown Charleston. One block from King Street, two blocks from Market Street, walking distance to fine dining and shopping!
-Strong Rental History: A high performing short-term rental with outstanding reviews.
-Versatile Investment: Rent as two separate units or as one large home. Property is also zoned General Commercial.
-X-500 flood zone (flood insurance not required by lenders).
Don't miss this rare opportunity to own a profitable, well-established investment property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,501
Year Built
- Built in 1882
Lot Details
- 4,356 Sq Ft Lot
- Privacy Fence
Home Design
- Charleston Architecture
- Brick Foundation
- Metal Roof
Interior Spaces
- 3,059 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- High Ceiling
- Multiple Fireplaces
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Utility Room
- Laundry Room
- Basement
- Crawl Space
- Eat-In Kitchen
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Bedroom
Outdoor Features
- Patio
- Front Porch
Schools
- Memminger Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- No Heating
Community Details
- Downtown Subdivision
- The community has rules related to allowing live work
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $15,501 | $54,200 | $0 | $0 |
| 2022 | $86 | $54,200 | $0 | $0 |
| 2021 | $14,219 | $54,200 | $0 | $0 |
| 2020 | $14,115 | $54,200 | $0 | $0 |
| 2019 | $12,886 | $47,130 | $0 | $0 |
| 2017 | $12,219 | $47,130 | $0 | $0 |
| 2016 | $11,901 | $47,130 | $0 | $0 |
| 2015 | $11,355 | $47,130 | $0 | $0 |
| 2014 | $9,749 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $2,900,000 | 0.0% | $948 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $2,900,000 | -12.1% | $948 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $3,300,000 | 0.0% | $1,079 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $3,300,000 | -5.7% | $1,079 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $3,500,000 | 0.0% | $1,144 / Sq Ft |
| 04/03/2025 04/03/25 | For Sale | $3,500,000 | -- | $1,144 / Sq Ft |
Source: CHS Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $404,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $1,185,000 | Commercial | |
| Closed | $100,000 | Commercial | |
| Closed | $50,000 | Commercial | |
| Closed | $420,000 | Commercial | |
| Previous Owner | $465,563 | Commercial | |
| Previous Owner | $500,000 | Commercial |
Source: Public Records
Similar Homes in Charleston, SC
Source: CHS Regional MLS
MLS Number: 25009004
APN: 457-04-04-029
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