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183 St Philip Street, Charleston, SC 29403
$2,315,000
183 St Philip Street, Charleston, SC 29403View this property at 183 St Philip Street, Charleston, SC 29403
183 St Philip StreetCharlestonSC29403
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Property Description
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
Full Property Details
Full Property Details for 183 St Philip St
General
- Sold For: $2,315,000
- Status: Closed
- Type: Duplex
- MLS ID: 23023569
- Added to Site: 216 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Other (Use Remarks)
Location
- Area: 51 - Peninsula Charleston Inside of Crosstown
- County: Charleston
- Subdivision: Cannonborough-Elliotborough
- Driving Directions: Located Near The Corner At Cannon Street And Saint Philip Street
School Information
- Elementary School: Memminger
- Middle School: Simmons Pinckney
- High School: Burke
Community
- Community Name: 51 - Peninsula Charleston Inside of Crosstown
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Charleston Water Service, Dominion Energy
Structural Information
- Structure Type: Duplex
- Construction: Wood Siding
- Foundation: Crawl Space
- Roof: Metal
- Stories/Levels: 1
- Building Size: 2268
- Square Feet: 2,268
- Year Built: 1852
Unit Information
Unit 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Total Bathrooms: 3
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by The Boulevard Company, LLC
Sold by The Exchange Company, LLC
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Schools
Schools serving 183 St Philip St
School District:Charleston 01 School District
Rating | Name | Grades | Distance |
---|---|---|---|
20 Beaufain St, Charleston, SC 29401 | PK-5 | 0.8 mi | |
244 President St, Charleston, SC 29403 | 6-8 | 0.7 mi | |
244 President St, Charleston, SC 29403 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 183 St Philip St
Date
Details
Price
Change
Source
1/18/2024
Sold
$2,315,000
-10.62%
MLS
10/15/2023
Listed
$2,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
183 St Philip Street, Charleston, SC 29403 (MLS# 23023569) is a Duplex property that was sold at $2,315,000 on January 18, 2024. Want to learn more about 183 St Philip Street? Do you have questions about finding other Duplex real estate for sale in Charleston? You can browse all Charleston real estate or contact a Coldwell Banker agent to request more information.