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Property type: Detached House
Year built: 1890
List Date: 2026-01-30
Lot Size: 0.0800 acres
Area
3034 ft2
Bedrooms
7
Full Baths
5
Days For Sale
0

Amenities

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, 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. $300,000.00/ in annual revenue projected from a reputable local management company, contact listing agent for more info.

What's YOUR Home Worth?

Schools

6-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
1002 King Street
8437203085
Public
6-12 SPED

6-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8437247789
Public
6-8 SPED

9-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8435794815
Public
9-12 SPED

K-12 Schools in 29403

Name
Address
Phone
Type
Grade
227 Huger Street
843-567-5911
Private
K-12

K-3 SPED Schools in 29403

Name
Address
Phone
Type
Grade
34 Race Street
8434109765
Public
K-3 SPED

PK-5 SPED Schools in 29403

Name
Address
Phone
Type
Grade
382 Meeting Street
8437202967
Public
PK-5 SPED
2 Perry Street
8437247261
Public
PK-5 SPED
805 Morrison Drive
8437247783
Public
PK-5 SPED

PK-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
233 Line Street
8437222689
Public
PK-8 SPED
741 King Street
8437247763
Public
PK-8 SPED
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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

    Listing Provided by Birchin Lane Realty Advisors, LLC

    140 Spring Street, Charleston, SC 29403
    MLS #29403
    $3,100,000
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