183 St Philip Street
Charleston, SC 29403
- 6 beds
- – baths
- – sqft
- 1,742 sqft lot
- 1852 build
- – on site
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PRE-CONSTRUCTION OPPORTUNITY! FULLY LICENSED STR UNDER CONSTRUCTION WITH JANUARY 2024 COMPLETION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property will undergo a major renovation that boasts luxury finishes in this duplex. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter ofnightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. PROPERTY WILL BE EXTENSIVELY RENOVATED, FURNISHED, TURNKEY The property features two units, both with identical floor plans. Each unit features three bedrooms with three full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit include walk in tiled showers with an illuminated shower niche and wood floors throughout. Outside you'll enjoy two piazzas, perfect for a picturesque Charleston evening. The stone paver patio is another eye catching space that can be created as a gathering area for your guests that just adds to the efficiency this home offers. This property is modern and virtually maintenance free! HIGH CASHFLOW PROPERTY Although the property was previously fully licensed and operating, comparable data suggests gross short term rental revenue could exceed $220,000 yearly with the property being freshly renovated with a reworked floor plan. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Looking for projections? Financial projections have been completed by a third party company and are available. LOOKING FOR MULTIPLE SHORT TERM RENTALS (STRS)? 183 Saint Philip Street (23023569) and 23 Cannon Street (23020724) are unique due to sharing property lines. Both units can be purchased together for $4,499,000.00
Listing courtesy of CTAR / Jonathan Hoff / The Boulevard Company, LLC
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Last updated Jan 21, 2024
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MLS# 23023569 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/18/24
Jan 18, 2024
|
Sold | CTAR | $2,315,000 | -10.6% |
10/20/23
Oct 20, 2023
|
Sold Subject To Contingencies | CTAR | $2,590,000 | |
10/15/23
Oct 15, 2023
|
Listed / Active | CTAR | $2,590,000 |