140 Spring StreetCharleston, SC, 29403
$3,100,000
ActiveCharleston, SC 29403View on map
Est. $16,483/mo with 20% down at 6.99%
MLS #26002812
Potential Cost Advantage with Nestor
$77,500
Based on $3,100,000 and a typical 2.5%–3.0% buyer-side compensation. Actual savings vary.
No buyer agent commission requested
You pay a flat $599 fee to Nestor when your offer is accepted — that's it.
★ Why Nestor flags this home
Quick facts
About this home
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.
Property details
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Nestor tracks to closing
We manage deadlines, inspections, and keep you on track to close.
Listing information deemed reliable but not guaranteed. © 2026 Nestor. All rights reserved.
$3,100,000
140 Spring Street, Charleston SC 29403
Charleston, SC 29403
Potential Cost Advantage
$77,500
Est. 2.5–3% buyer-side savings vs. traditional agent. Flat $599 Nestor fee applies.
HOUSING
OPPTY
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