162 Spring Street, #A, Charleston, SC, 29403 | $999,000

Welcome to 162 Spring Street, Unit A, where location, charm, and flexibility converge in one of Charleston's most walkable and dynamic neighborhoods. Just a short stroll from King Street's world-renowned restaurants, boutiques, and nightlife, this fully-furnished, turnkey property offers the perfect mix of historic appeal and modern comfort--with the rare bonus of off-street parking. Whether you're looking for a pied-a-terre, a profitable licensed short-term rental (STR), or a stylish primary residence, Unit A delivers unmatched versatility in a coveted downtown setting. Skip the car--dine at local hotspots like Xiao Bao, R Kitchen, Southbound, and more. Or grab coffee from neighborhood favorites just around the corner. The best of Charleston is literally at your doorstep. Inside, you'll find 950 square feet of bright, open living space designed for easy living and entertaining. Two generous bedrooms offer ample privacy, while the open-concept layout connects kitchen, dining, and living areas with a welcoming flow. Large windows let the natural light pour in, highlighting hardwood floors and tasteful furnishings throughoutall of which convey with the sale. This unit also boasts a fully permitted and active short-term rental license, along with a strong rental history and professional management in place. The dedicated off-street parking space is a true rarity for this location, offering convenience and peace of mind. With a low-maintenance exterior and no HOA, this property makes ownership easy and enjoyable. Positioned within the short-term rental overlay, this property is uniquely situated for maximum income potential while still offering the livability and charm that Charleston buyers crave. Whether you're an investor seeking cash flow or a buyer wanting to enjoy the Charleston lifestyle without compromise, 162 Spring Street, Unit A is a rare opportunity in an unbeatable location.

Features

  • Parking: Off Street
  • Heating: Electric
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Cannonborough-Elliotborough
  • Development: 51 - Peninsula Charleston Inside of Crosstown
  • Year Built: 1880
  • Approx Sq. Feet: 950
  • Acreage: 0.22
  • Elem. School: Mitchell
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 25010284
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/25010284/162springstreet_charleston_sc?source=qrflyer
Copyright © 2025  Charleston Trident MLS
Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of Charleston Premier Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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162 Spring Street, #A, Charleston, SC, 29403

$999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,200 $799,200 $799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.751% 6.666%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,856 $5,117 $6,962
Total Monthly Payment $4,948 $5,209 $7,054

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.