254 St Philip StCharleston, SC 29403

Property Details for 254 St Philip St

Property size (Sq ft)

2,175 SF

Property type

Residential income homes

Description

This stunning, brand-new two-story multifamily property, located at 254 St. Philip St in Charleston, SC, presents a unique investment opportunity. Boasting 2,175 square feet, this South of France-inspired architectural home is situated in the highly sought-after Short Term Rental (STR) overlay district, ensuring high occupancy rates. The property features five bedrooms, each with an en-suite bathroom, catering to a wide range of guests. The modern kitchen is equipped with upgraded appliances, custom cabinets, quartz/quartzite countertops, and a luxury hand-molded backsplash. Additional features include Juliet balconies, a rooftop terrace offering picturesque Charleston views, zero-degree walk-in tiled showers with illuminated niches, and wood floors throughout. Its prime location provides easy walkability to King Street, Charleston's vibrant nightlife hub, and numerous restaurants and cafes. The property is fully compliant for STR use and will be licensed upon completion. Financial projections are available upon request. This is a virtually maintenance-free investment with significant potential for high returns. The asking price is $2,275,000. The property is zoned City of Charleston - GB - General Business, and its APN is 4600404015. This is a single-family rental portfolio within a single building.

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7951

Longitude

-79.944

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