111 Cannon St, Charleston, SC 29403
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111 Cannon St, Charleston, SC 29403
111 Cannon St, Charleston, SC 29403
111 Cannon St, Charleston, SC 29403
111 Cannon St, Charleston, SC 29403
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Matt Anderson

Matt Anderson

+1(843) 437-8386
Listed by   The Boulevard Company
$ 3,980,000
Est. payment /mo
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111 Cannon St Charleston, SC 29403

7 Beds

2,811 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,811 sqft

Price per Sqft $1,415

Subdivision Cannonborough-Elliotborough

MLS Listing ID 26016384

Bedrooms 7

HOA Y/N No

Year Built 1910

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Stunning, turnkey short-term rental opportunity in the heart of downtown Charleston. This exceptional two-unit property features a total of 7 bedrooms and 7 bathrooms, including a 4 bed / 4 bath Unit A and a 3 bed / 3 bath Unit B, offering immediate income potential ($375k+) with professional management already in place and a proven track record of consistent 5-star guest reviews. Originally a historic residence, the property has been completely renovated by a premier general contractor and interior design team, blending classic Charleston character with modern functionality. Each unit is professionally furnished and thoughtfully appointed, and the sale includes all appliances, fixtures, and furnishings providing a seamless, turnkey investment.The outdoor living experience sets this property apart, featuring a private backyard retreat with spa, built-in grill, expansive lounge deck, and large outdoor dining area. Blue stone patios and brick walkways are complemented by custom landscaping and iron gates, creating one of the most distinctive and upscale outdoor environments in the city. Projected 2026 revenue is estimated at $367,000, with over $200,000 already booked, underscoring the property's strong performance and demand. Additional financials and expense details are available upon request.

Ideally located within walking and biking distance to MUSC, as well as the vibrant shops, restaurants, and nightlife of Cannonborough-Elliotborough and Upper King Street, this offering presents a rare opportunity to acquire a high-performing, fully permitted short-term rental asset in one of Charleston's most sought-after neighborhoods.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Interior Features Ceiling Fan(s)

Heating Heat Pump

Exterior

Parking Features Other

Community Features Pool

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Metal

Building

Dwelling Type Duplex

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

NEARBY SCHOOL & BUSINESS

Matt Anderson

Matt Anderson

Team Lead - Broker Associate | License ID: 89024

+1(843) 437-8386

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