175 Spring Street, Charleston, SC 29403 (MLS# 31007919)

175 Spring Street, Charleston, SC 29403

$997,500

Property Type: Commercial Sale Square Footage: 1,738 Status: Active

Current Price: $997,500 List Date: 2/16/2026 Last Modified: 4/01/2026

Overview

Description

Fully renovated turnkey duplex investment offering immediate rental income with comprehensive 2025 renovations. Every major system updated for worry-free ownership. Major 2025 Improvements: Complete subfloor/crawlspace renovation with professional rodent proofing. Both units feature full kitchen renovations with modern finishes. New PVC plumbing installed from units to street connection eliminates future concerns. Recently sealed roof with reinstated termite bond. First floor noise dampening inserts enhance tenant comfort by reducing sound transmission between units. Fully leased generating immediate cash flow. Extensive renovations mean minimal future capital requirements, focus on income generation, not repairs. Perfect for investors seeking premium, low-maintenance rental property with strong tenant satisfaction and reliable income potential. Move-in ready with quality improvements throughout. Ideal turnkey investment opportunity.

Listing Details MLS# 31007919

Location

Street Number: 175
Street Name: Spring
Street Suffix: Street
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 4601104103
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Secondary Sub-Type: Office
Listing Name: 175 Spring Street
Property Condition: Existing
Number of Units Total: 2
Building Area Total: 1738
Lot Acres: 0.04
Typical SqFt Per Floor: 869
Smallest Parcel Available: 0.04
Gross Rent Multiplier: 13.26
LEED Certified: No
Zoning: City of Charleston - GB - General Business
Property Visibility: Excellent
List Price/Acre: 24937500
List Price/SqFt: 573.94
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2026-02-15
Original List Price: 1050000
Tax Legal Description: 175 Spring

Building Related

Percent Occupied: 100
General Condition: Excellent
Stories Total: 2
Year Built: 1890
Year Renovated: 2024
Parking Total: 2
Parking Ratio: 1.15
Number Of Buildings: Yes

Land Related

Part of Planned Development?: No
Frontage Length: 360
Lot Depth: 540
In Flood Plain?: Yes

Financials

Tax Assessed Value: 44760

More Information

Status Change Info

Status Change Date: 2026-02-16

Auction Details

Auction: No

Area and Location

Airports: Charleston International Airport
Highway Access: US-17

Building Detail

Laundry: In Each Unit

Directions & Remarks

Directions: Continue onto US-17 S/Septima P. Clark Pkwy Follow Bogard St and President St to Spring St Make a Slight right onto Bogard St Turn left onto President St Turn right at the 2nd cross street onto Spring St Property is on left hand side of Spring Street
Public Remarks: Fully renovated turnkey duplex investment offering immediate rental income with comprehensive 2025 renovations. Every major system updated for worry-free ownership. Major 2025 Improvements: Complete subfloor/crawlspace renovation with professional rodent proofing. Both units feature full kitchen renovations with modern finishes. New PVC plumbing installed from units to street connection eliminates future concerns. Recently sealed roof with reinstated termite bond. First floor noise dampening inserts enhance tenant comfort by reducing sound transmission between units. Fully leased generating immediate cash flow. Extensive renovations mean minimal future capital requirements, focus on income generation, not repairs. Perfect for investors seeking premium, low-maintenance rental property with strong tenant satisfaction and reliable income potential. Move-in ready with quality improvements throughout. Ideal turnkey investment opportunity.

Property Sub Type

Multi Family: Yes
Office: Yes

Existing Lease Type

Gross: Yes

Roof

Metal: Yes

Current Use

Residential: Yes
Student Housing: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Duplex: Yes

Construction Materials

Wood Siding: Yes

Parking Type

Surface: Yes

Heating

Heat Pump: Yes

Cooling

Heat Pump: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Gravel: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Property Features

Property Sub Type: Multi Family; Office Current Use: Residential; Student Housing Special Listing Conditions: Standard Structure Type: Duplex Existing Lease Type: Gross Roof: Metal Construction Materials: Wood Siding Parking Type: Surface Heating: Heat Pump Cooling: Heat Pump Road Frontage Type: City Street Road Surface Type: Gravel Water Source: Public Sewer: Public Sewer Listing Terms: 1031 Exchange; Cash; Conventional

Documents

CapEx Summary ›

Disclosure & Lead Paint ›

Listing Office: Jones Lang LaSalle Brokerage

Last Updated: April - 01 - 2026

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