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
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Data last updated 5:50 PM UTC, 2/20/2025