Active

254 St Philip Street

Charleston SC, 29403

$3,799,000


$996.07 per sqft

Active

9 Beds

3,814 sqft

Multi-family

Built in 1852

PRE-CONSTRUCTION OPPORTUNITY! SHORT TERM RENTAL PROPERTY TO BE RENOVATED WITH NEW CONSTRUCTION OF SECONDARY BUILDING! Traditional Charleston meets modern design is what you will find in this to be refined property by Cozy Development. To be renewed to the highest quality, this property will undergo a major renovation that boasts luxury finishes in these single family dwellings. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street,the epicenter of nightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests.

PROPERTY WILL BE FULLY RENOVATED, FURNISHED, TURNKEY The property to feature two single family detached buildings. The existing property to feature two bedrooms downstairs and three bedrooms upstairs with five full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded stainless steel appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit included a zero degree walk in tiled shower with an illuminated shower niche, and wood floors throughout. NEW CONSTRUCTION The second home, which will be new construction built on this property will feature five bathrooms and four dedicated bedrooms with a top story loft, perfect to make a fifth bedroom or media room. This property is modern and virtually maintenance free!

HIGH CASHFLOW PROPERTY This property was previously fully licensed and operating, and will be re-licensed once construction completes. Financial projections completed by a third party service are available upon request. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change.

This property is located in an X flood zone.

Final approval on new construction structure is in process.

23025287

MLS ID

November 5, 2023

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

9


Interior Features

Ceiling Fan(s)


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Heat Pump

Exterior/Building Features

Lot Size

0.09 Acres


Roof

Metal


Sewer

Public Sewer

School Information

High School

Burke


Elementary School

Mitchell

Other Property Details

Area Name

51 - Peninsula Charleston Inside of Crosstown


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Water Source

Public


Pool

No


Utilities

Charleston Water Service, Dominion Energy

Courtesy of The Boulevard Company, LLC with Jonathan Hoff

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Kim Meyer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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