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$2,425,000
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Property Description
***$400,000 in total revenue for 2024. Appraisal in hand at $2,640,000.***Unbeatable location! Situated 1/2 a block from King Street's most popular restaurants, bars, and shopping, 40 Spring Street A&B is a permitted short-term rental duplex with an impressive rental history. Unit A consists of 3BD/3BA and Unit B consists of 3BD/3.5BA, with the ability to sleep a total of 16 guests. Each unit is sold fully stocked and furnished, has its own outdoor living space, and the property comes with 6 off-street parking spots in the rear. *LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04283 + 04284*This property is part of a partial portfolio sale consisting of the following addresses: - 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 - 60 & 60 ½ Cannon Street (16BD/13BA) TMS: 460-08-03-038 Combined, 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244 - 65 Spring Street (commercial space) TMS: 460-08-03-053
Full Property Details
Full Property Details for 40 Spring Street #A & B
General
- Sold For: $2,425,000
- Status: Closed
- Type: Duplex
- Source: Charleston_Trident_MLS
- MLS ID: 24025694
- Added to Site: 502 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bedrooms
- Total Bedrooms: 6
Location
- Area: 51 - Peninsula Charleston Inside of Crosstown
- County: Charleston
- Subdivision: Elliotborough
- Driving Directions: From King Street Turn Onto Spring 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
- Heating Type: Wall Unit(s)
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: Asphalt
- Entry Location: Ground Level
- Stories/Levels: 2
- Building Size: 2711
- Square Feet: 2,711
- Year Built: 1900
Unit Information
Unit 1
- Square Feet: 1355
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Square Feet: 1355
- Total Bathrooms: 3
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Zoning: Conforming
Financial Considerations
- Terms: Any
Listed by The Boulevard Company
Sold by EXP Realty LLC
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Schools
Schools serving 40 Spring Street #A & B
School District:Charleston County School District
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School 2 Perry Street, Charleston, SC 29403 | PK-5 | 0.3 mi |
James Simons Elementary School 741 King Street, Charleston, SC 29403 | K-5 | 0.7 mi |
Simmons Pinckney Middle School 244 President Street, Charleston, SC 29403 | 6-8 | 0.6 mi |
Burke High School 244 President Street, Charleston, SC 29403 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Spring Street #A & B
Date
Details
Price
Change
Source
3/03/2025
Sold
$2,425,000
-2.61%
MLS
1/30/2025
Price Reduced
$2,490,000
-9.45%
MLS
11/21/2024
Price Reduced
$2,750,000
-10.06%
MLS
10/07/2024
Listed
$3,057,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Spring Street #A & B, Charleston, SC 29403 (MLS# 24025694) is a Duplex property that was sold at $2,425,000 on March 03, 2025. Want to learn more about 40 Spring Street #A & B? 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.

