140 Spring St

Charleston, SC 29403

$3,100,000
Price
7
Beds
3,034 Sq. Ft.
$1,022 / Sq. Ft.
3,034
Sq. Ft.
$1,022
per Sq. Ft.
New
New
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140 spring- pool render
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Description

An exceptional opportunity to acquire a fully renovated, fully licensed commercial short-term rental complex in the heart of downtown Charleston. 140 Spring Street is a boutique, three-unit offering designed to command premium nightly rates while delivering a rare combination of privacy, parking, and outdoor living--features that consistently outperform in Charleston's high-barrier STR market. The property features two spacious 3-bedroom / 2-bath residences and one well-appointed 1-bedroom unit,...An exceptional opportunity to acquire a fully renovated, fully licensed commercial short-term rental complex in the heart of downtown Charleston. 140 Spring Street is a boutique, three-unit offering designed to command premium nightly rates while delivering a rare combination of privacy, parking, and outdoor living--features that consistently outperform in Charleston's high-barrier STR market. The property features two spacious 3-bedroom / 2-bath residences and one well-appointed 1-bedroom unit, creating multiple income streams ideal for group travel, extended stays, and high-yield weekend demand. Renovations were thoughtfully executed to preserve historic charm while delivering modern finishes that today's guests expect. A true differentiator is the private, walled courtyard exclusive to one of the 3-bedroom units. Complete with a gazebo, brick fireplace, and dedicated sitting area, this outdoor sanctuary significantly enhances guest experience and booking appeal. The courtyard also offers potential for a plunge poolan extraordinary rarity in downtown Charleston and a proven lever for materially increasing ADRs and annual revenue. Off-street parking further strengthens the asset's competitive position, while in-place commercial STR licensing allows for immediate operation with no entitlement risk. Beyond operational performance, ownership offers significant tax advantages unique to short-term rentals, including the potential for accelerated depreciation and cost segregation, which may allow investors to offset a substantial portion of incomeoften without passive activity limitations, subject to individual circumstances and tax strategy. This is a rare opportunity to acquire a stabilized, scalable, and tax-advantaged STR asset in one of the Southeast's most supply-constrained and resilient markets. This is a rare opportunity to acquire a stabilized, scalable, and tax-advantaged STR asset in one of the Southeast's most supply-constrained and resilient markets $300,000.00/ in annual revenue projected from a reputable local management company, contact listing agent for more info.
  1. Listed by Birchin Lane Realty Advisors, LLC

Property Details for 140 Spring Street

Architectural Style
Victorian, Villa
Subdivision Name
Cannonborough-Elliotborough
LISTING UPDATED: 01/30/2026 12:48 PM

Property Details for 140 Spring Street

StatusActive
MLS #26002821
Days on MarketListed Today
Taxes$28,052 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1890
Lot Size0.08 AC / 3,484 SF
CountyCharleston County

Location

Listing Courtesy of Birchin Lane Realty Advisors, LLC
Add your commute

Building Information for 140 Spring Street

Stories3Year Built1890Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$17,447 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,109

Property Taxes

$2,338

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Spring Street

Summary
Location and General Information
  • Latitude: 32.789638
  • Longitude: -79.949077
  • Directions: Spring Street Between Rutledge And Kracke Street
Taxes and HOA
  • Tax Map Number: 4601102055
School Information
  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney
Parking
  • Attached Garage YN: None
  • Carport Spaces: 0.0
  • Carport YN: False
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: Off Street
Property
Lot Information
  • Building Area Total: 3034.0
  • Building Area Units: Square Feet
  • Lot Features: 0 - .5 Acre
  • Other Structures: No
  • New Construction YN: No
Property and Assessments
  • Property Attached YN: No
  • Photos Count: 29
  • Photo Rights: I own the photos or have the right to use: Yes
  • Assumable: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating YN: No
  • Bathrooms Half: 0
  • Cooling YN: No
  • Fireplace YN: No
  • Levels: 3 Stories
  • Stories: 3

Property History for 140 Spring Street

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

CHS Regional MLS #26002821

$3,100,000—
DateEvent & SourcePrice
01/30/2026

Listed (Active)

CHS Regional MLS #26002821

$3,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 140 Spring Street

This home is within Charleston 01 School District.
Rating
School
Type
Grades
Distance
Mitchell Elementary School
Public - PK to 5
James Simons Elementary School
Public - PK to 8
Simmons Pinckney Middle School
Public - 6 to 8
Burke High School
Public - 9 to 12
Rating
School
Distance
Mitchell Elementary School
PublicPK to 5

James Simons Elementary School
PublicPK to 8

Simmons Pinckney Middle School
Public6 to 8

Burke High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 140 Spring Street, Charleston, SC 29403

140 Spring Street is a single family home for sale in Charleston, SC 29403. This property was listed for sale on January 30, 2026 by Birchin Lane Realty Advisors, LLC, it's currently listed at $3,100,000. This listing's school district is Charleston 01 School District. Nearby schools include Mitchell Elementary School, James Simons Elementary School and Simmons Pinckney Middle School. 140 Spring Street is a 7-bed, 5-bath, 3,034 sqft single family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Birchin Lane Realty Advisors, LLC

We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Based on information from one of the following Multiple Listing Services: Charleston Trident MLS, LowCountry Regional and REsides, Inc. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS, High Country Association of REALTORS,© 2024 REsides and LowCountry Regional Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.