258 St Philip Street

Charleston, SC 29403

$1,500,000
Price
4
Beds
2
Baths
1,384 Sq. Ft.
$1,084 / Sq. Ft.
1,384
Sq. Ft.
$1,084
per Sq. Ft.

Description

Downtown Charleston turnkey short-term rental investment nestled in the coveted Elliotborough neighborhood. Boasting General Business zoning, this property presents a unique opportunity to rent out both units, maximizing your potential income. The strategic location places you in the heart of the vibrant King Street nightlife and a plethora of renowned restaurants. Upon entering each unit, you'll notice the abundance of light that each space lets in. Both units have spacious bedrooms. Each unit has...Downtown Charleston turnkey short-term rental investment nestled in the coveted Elliotborough neighborhood. Boasting General Business zoning, this property presents a unique opportunity to rent out both units, maximizing your potential income. The strategic location places you in the heart of the vibrant King Street nightlife and a plethora of renowned restaurants. Upon entering each unit, you'll notice the abundance of light that each space lets in. Both units have spacious bedrooms. Each unit has been thoughtfully designed with modern-style kitchens featuring stainless steel appliances and ample cabinet space, offering a perfect blend of style and functionality. The tastefully done bathrooms showcase modern vanities andexquisite tile work, adding a touch of luxury to the living spaces. Additionally, both units feature charming porches, providing a delightful outdoor retreat for residents. The property also has a large lot for parking, making downtown living a huge convenience. This property only has one direct neighbor and no buildings to the other side of it. With a proven track record of gross income averaging $135,000 over the past three years, this property stands as a reliable and lucrative investment opportunity. Don't miss your chance - schedule a showing today and seize this golden opportunity to own a piece of Elliotborough's allure!"
  1. Listed by Three Real Estate LLC

Property Details for 258 St Philip Street

Subdivision Name
Elliottborough

Location

Listing Courtesy of Three Real Estate LLC
Add your commute
LISTING UPDATED: 04/22/2024 10:14 AM

Property Details for 258 St Philip Street

StatusActive
MLS #24002709
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1852
Lot Size0.07 AC / 3,049 SF
CountyCharleston County

Location

Listing Courtesy of Three Real Estate LLC
Add your commute

Building Information for 258 St Philip Street

Stories2Residences2Year Built1852Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$8,873 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 258 St Philip Street

Summary
Location and General Information
  • Latitude: 32.795155
  • Longitude: -79.944253
  • Directions: Turn Left Onto King Street. Turn Right Onto Line Street. Turn Right Onto St Philip Street. Destination Will Be On The Right.
Taxes and HOA
  • Tax Map Number: 4600404013
School Information
  • Elementary School: Mitchell
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney
Parking
  • Attached Garage YN: None
  • Carport YN: None
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: Other (Use Remarks)
Property
Lot Information
  • Building Area Total: 1384.0
  • Building Area Units: Square Feet
  • Foundation Details: Crawl Space
  • Other Structures: None
  • New Construction YN: No
  • Structure Type: Duplex
Property and Assessments
  • Photos Count: 36
  • Photo Rights: I own the photos or have the right to use: Yes
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating YN: Yes
  • Cooling YN: No
  • Heating: Electric
  • Interior Features: Ceiling Fan(s)
  • Stories: 2
Exterior Features
  • Construction Materials: Wood Siding
  • Roof: Asphalt
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1 Information
  • Unit 1: Bedrooms: 2
  • Unit 1: Baths: 1
Unit 2 Information
  • Unit 2: Bedrooms: 2
  • Unit 2: Baths: 1

Property History for 258 St Philip Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 258 St Philip Street

Taxable ValueLand-Additions-Total-
Tax Record2022$8,250 ($687 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,384 SqFtAbove Grade Finished SqFt1,384 SqFtStories2Lot Size3,049 SqFtStyleSingle Family ResidenceYear Built1852CountyCHARLESTONAPN460-04-04-013

Schools near 258 St Philip Street

This home is within Charleston 01 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
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.

Similar Homes

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258 St Philip Street is a multi-family home for sale in Charleston, SC 29403. This property was listed for sale on February 2, 2024 by Three Real Estate LLC, it's currently listed at $1,500,000. 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. 258 St Philip Street is a 4-bed, 2-bath, 1,384 sqft multi-family home built in 1852.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Three Real Estate 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 and MLS of Hilton Head Island. 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, 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.