SELLER FINANCING AVAILABLE for this rare opportunity to purchase four contiguous sites in the heart of downtown on a major thoroughfare! This portfolio offers 5 multifamily properties and 1 commercial building. These are high performing monthly rentals in the highly sought after Cannonborough-Elliotborough neighborhood with ample off-street parking. It is ideal for STRs as it sits in the STR Overlay Zone. The possibilities are endless, as they may be operated as-is, renovated or redeveloped. All in walking distance to MUSC, the College of CHS and only 3 blocks from the shops and restaurants on King Street! Entire site is highly visible, at the corner of Spring Street and Rutledge Avenue. Almost 3/4s of an acre available for redevelopment.
Anchored: No
Year Built: 1971
Parking Type: Surface
County: Charleston
Land Size: 0.72
Title: 109, 111 1/2, 115, 117 Spring Street Properties
Second Property Subtype: Multi Family, Office, Retail
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Conventional, Owner Will Carry, Private Financing Available
Property Type: A
Original Price: $16,000,000
Property Use Type: Commercial, Mixed Use, Multi-Family
Class Type: Multi Family
Rentable Area: 15103
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Engel & Volkers Charleston