Rare fully permitted STR duplex one block from King Street in the accommodation overlay district. One-bedroom STR units are the most efficient and profitable in the asset class due to less wear and tear on the building from guests as well as lower utility bills, carrying costs and high occupancy. In addition this property lends itself to an owner occupant who wants to be close to Upper King Street while having a tenant pay their mortgage. The spacious first floor unit has an open studio floor plan with a large sitting area, full-service kitchen, sleeping area, and bathroom with laundry units. The unit boasts crisp floor-to-ceiling shiplap, new laminate floors, stone countertops, white custom cabinetry, and high-end appliances. The second story featuresa traditional one-bedroom unit. 36 Morris Street boasts abeautiful shaded, fully fenced backyard with historic brick paving, elevated wood patios, afountain, and mature crepe myrtle and palmetto trees creating a shady southern oasis.The exterior features traditional wood sash windows, weatherboard siding, partial return cornicedetails, piazzas with traditional posts and railings, and a sought-after terne metal roof. Built as asingle-family residence circa 1885, the house was later modified for commercial use on theground floor, which is evident in a projecting shop entry bay with a tin roofed hood, historiclarge-pane shop window, and extra door onto Morris Street. These historic modifications makethe house function seamlessly as two separate units today.Wealthy carpenter and mill owner Daniel Cannon and Colonel Barnard Elliott, a RevolutionaryWar officer, planter, and member of Provincial Congress, created Cannonborough andElliottborough in the late eighteenth century. The diverse neighborhood held a mixture ofindustrial businesses, modest farms, small cottages, tenements, and large ""urban plantations"" thatwere subdivided in the late nineteenth century to create new suburban lots for houses like 36Morris Street. Irish and German immigrants, Jewish residents, free black, enslaved, and native-born white artisans called the area home in the nineteenth century. 36 Morris was home toseveral African American owner occupants in the early twentieth century. John D. Spencerowned the house by 1917 and lived there with his two sons (one was a fireman while the otherwas often arrested for petty offenses, speaking to the area's colorful character in the past). Mr.Spencer added an indoor bathroom by 1927 and lovingly maintained the house. GermanAmerican Clarence B. Schachte (1880-1953) purchased and renovated the house in 1947, whichmight be when the shop entry was added. His heirs sold 36 Morris to Alphonso and Sarah Clark,who lived there for many years.The neighborhood features a well-balanced diversity of use including residents, restaurants, andbusinesses in a walkable historic city. The house is located on Morris Street between St. Philipand Coming Street, near Charleston's trendy upper King Street but two blocks away in a quietresidential part of the neighborhood. Major renovation in 2015 and owner rents two parking spots close by for guests as needed
Listing Date: 09-13-2023
Sold Date: 09-22-2023
Aprox Days on Market: 
8 day(s)
Listing Sold: 
7 month(s), 7 day(s) ago
Original Asking Price: $1,235,000
Asking Price: $1,235,000
Selling Price: $1,200,000
Price Difference From Original:
Reduced By $35,000
Price Difference From Asking:
Reduced By $35,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 2
Levels: Two
Year Built: 1885
Floors: Ceramic Tile, Wood
Rent Control: No
Misc Ext: Front Porch
Pool Private: No
Style: Charleston Single
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.04
Lot Size Units: Acres
Acres: 0.04
Lot Sqft: 1742.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Raised Slab
Exterior: Wood Siding
New Construction: No
Roof: Metal
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 2
Sold Date: 2023-09-22T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 1326
Water Source: Public
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office Tift Properties