162 Spring Street A, B, C, D, E, Charleston, SC 29403

New Listing
$5,300,000
Property Type: MultiFamily Square Footage: 5,881 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $5,300,000 List Date: 5/21/2026 Last Modified: 5/22/2026

Overview

Description

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.

Supplements: 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 ske ...

Listing Details MLS# 26014816

Location, Tax & Legal

Tax Map #
4601102089
Street #
162
Street Name
Spring
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29403
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
71 - City of Charleston
Subdivision
Cannonborough-Elliotborough
Elementary School
James Simons
Middle School
Simmons Pinckney
High School
Burke
Unit #
A, B, C, D, E
Legal Description
162 Spring

Contract Info

MLS List Date
2026-05-20
Primary Structure List Price/SqFt
901.21

General Property Info

Number of Units
4
Primary Structure Apx SqFt
5881
Year Built
1880
Acreage
0.22
Lease Purchase
No
Potential Short Sale
No
Other Structures Y/N
No

Income Expenses Fees

Annual Expenses
181323.19
Net Income
281476

Unit 1

SqFt
950

Unit 2

SqFt
1325

More Information

Unit 3

SqFt
1608

Unit 4

SqFt
1608

Income, Expenses & Fees

Gross Income
462799

SqFt Source

Hired Measurement
Yes

Roof

Metal
Yes

Exterior

Vinyl Siding
Yes

Zoning

Conforming
Yes

Garage/Parking

Assigned Parking
Yes

Driveway

Gravel
Yes

Architectural Style

Single Family Detached
Yes
Triplex
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Built-In Electric Oven
Yes
Ceiling Fan
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Fire Sprinkler
Yes
Gas Range
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator
Yes
Stacked Washer/Dryer
Yes
Washer
Yes

Cooling

Electric
Yes
Natural Gas
Yes

Heat

Central
Yes
Electric
Yes
Natural Gas
Yes

Sale Includes

All Furniture
Yes

Proposed Financing

Any
Yes
Cash
Yes
Conventional Loan
Yes
Exchange
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Hired Measurement Roof: Metal Exterior: Vinyl Siding Driveway: Gravel Architectural Style: Single Family Detached; Triplex Zoning: Conforming Cooling: Electric; Natural Gas Heat: Central; Electric; Natural Gas Sale Includes: All Furniture Proposed Financing: Any; Cash; Conventional Loan; Exchange Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
IDX
Listing Office: Premier Realty
Last Updated: May - 22 - 2026
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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