#24026793, Listing Office: Chamberlain Chesnut Real Estate
Property details
About 132 Spring St
Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor. Both residential units stay consistently booked with short term renters due to the ideal location, inherent charm and extremely appealing living space to enjoy. Since completion of the building's full high-end renovation in 2016, 132 Spring Street has offered numerous avenues of stable, solid revenue year after year. The property also includes two off-street parking spaces along Ashley Avenue. Financials/numbers on short-term rental history available upon request.
Highlights
Summary
- MLS Number: 25000118
- Office Name: William Means Real Estate, LLC
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Last updated on: 1/31/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,495,000
132 Spring St
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Price information
Property sales
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Nearby schools
1
Julian Mitchell Elementary School
Public Magnet PK-5
0.3 mi
•2 Perry St
4
Charleston Progressive
Public Magnet PK-5
0.7 mi
•382 Meeting St
4
James Simons Montessori School
Public District KG-5
0.8 mi
•741 King St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,791. The most common annual income of people living in Charleston, SC is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 132 Spring St
This home is located at 132 Spring St in Charleston, SC and zip code 29403 in the The Peninsula neighborhood. This 4,074 square foot home, which was built in 1940, sits on a 0.07 acre lot. Features: 4 bedrooms, 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $3,495,000.
While more than 21 listings in Charleston, SC in December 2024 were sold above asking price, there were more than 57 listings sold at asking price, and more than 165 were sold below. The number of homes for sale in Charleston, SC decreased by 4.3% between November and December 2024.