Investment STR Opportunity in Historic District Downtown Charleston - Unlock the doors to a lucrative investment opportunity with Two brand new luxury Multi-Family Residential STR buildings For Sale. Set for completion in September 2024 located in the highly coveted Short Term Rental Accommodations Overlay District. Front Unit A is two story, fully remodeled in 2024 with 5 bedrooms and 5 bathrooms in approximately 1652 SF. Rear Unit B is brand new construction and is approx. 1852 SF and is also two story and offers 5 bedrooms, 5 bathrooms with a roof top deck on the third floor. Both units are on one lot, built with the highest quality craftsmanship, this property offers luxury finishes with modern fixtures, can sleep up to 16 plus guests and all furnishings and bookings convey at closing. Have the option to live in one unit and short term rent the other for a generous financial benefit or short-term rent both properties and maximize your income return on your investment. This property is new construction and will be fully compliant for STR. The property will be licensed upon completion and operating upon renovations being completed. The building features 4 off-street parking spaces and consists of two distinct units both equipped with brand new plumbing, electrical systems, drywall, appliances, and lighting. Don't miss out on this unique property that combines historical allure with contemporary functionality and profitability. Although the property may have been previously fully licensed and operating, the newly renovated floor plan and financials may differ upon remodel completion. Financials available upon request. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Call listing agent for showing availability.
| Property Type | Multi-Family |
|---|---|
| Year Built | 1852 |
| Renovated Year | 2024 |
| Listing ID | YN8WF2 |
| MLS ID | 31003775 |
| Style | Multi Family - 2-4 Units |
| Building Size | 3,504 SF |