1514 Balsam Street, Charleston, SC 29407
Overview
Description
Supplements: ... (Read more) for everyday living, entertaining, or relaxing at home. What sets this property apart is its exceptional adaptability. A separate private entrance leads to an additional portion of the home that is currently operating successfully as an Airbnb, presenting an outstanding opportunity for supplemental income, multigenerational living, guest accommodations, or a private work-from-home setup. Whether you are an owner-occupant looking to offset expenses or an investor seeking a flexible income-producing asset, the possibilities here are substantial. The opportunity continues outdoors, where the oversized lot opens the door to even more potential. Tucked behind the main home is an additional structure already in place and underway, complete with water and electricity already connected. This existing improvement creates a remarkable head start for a future guest house, studio, workshop, rental unit, or possible multifamily expansion, subject to any necessary approvals. Opportunities to acquire a property with this kind of built-in infrastructure and upside are increasingly difficult to find. Located in the desirable 29407 zip code, this property offers outstanding convenience to everything Charleston has to offer. Historic Downtown Charleston is just minutes away, area beaches are within a short drive, and nearby restaurants, shopping, and everyday conveniences are easily accessible. With the West Ashley Bikeway directly in back of the property, outdoor recreation and connectivity are literally right outside your door. Whether you are searching for a primary residence with character, an investment with proven income, or a property with expansion and value-add potential, this is a rare chance to secure something truly special in one of Charleston's most convenient and desirable areas. Properties with this level of flexibility, charm, and opportunity seldom come to market.
Listing Details MLS# 26020354
Location, Tax & Legal
- Tax Map #
- 3500700042
- Street #
- 1514
- Street Name
- Balsam
- Street Suffix
- Street
- County
- Charleston
- State
- SC
- Zip Code
- 29407
- Area
- 11 - West of the Ashley Inside I-526
- Tax District
- 63 - City of Charleston
- Subdivision
- Ardmore
- Elementary School
- Stono Park
- Middle School
- West Ashley
- High School
- West Ashley
- Directions
- Take Savannah Hwy. Turn on Oak Dr. Right on Balsam
- Legal Description
- Lt 75 Sec B
Contract Info
- MLS List Date
- 2026-07-16
- Primary Structure List Price/SqFt
- 267.43
General Property Info
- Number of Units
- 2
- # Stories
- Yes
- Ground Level
- Yes
- Total Apx SqFt
- 1664
- Year Built
- 1965
- Acreage
- 0.21
- Lease Purchase
- No
- Potential Short Sale
- No
- Other Structures Y/N
- No
Unit 1
- SqFt
- 1388
Unit 2
- SqFt
- 274
Office/Member Info
- Seller Concessions Negotiable Y/N
- Yes
More Information
SqFt Source
- Previous Listing
- Yes
Roof
- Asphalt Shingle
- Yes
Exterior
- Brick - Veneer
- Yes
Foundation
- Slab
- Yes
Garage/Parking
- Other (Use Remarks)
- Yes
Architectural Style
- Duplex
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Equipment/Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
- Stacked Washer/Dryer
- Yes
Cooling
- Central Air
- Yes
Heat
- Electric
- Yes
Amenities
- Bus Line
- Yes
- Cable TV
- Yes
Proposed Financing
- Any
- Yes
Possession
- At Closing
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- Charleston Water Service
- Yes
- Dominion Energy
- Yes
Property Features