111 Cannon Street | Charleston | $3,980,000
SHOW DETAILS
111 Cannon Street
Charleston, SC 29403
$3,980,000
7
BEDS
2,811
SQ. FT.
111 Cannon StreetCharleston, SC 29403
For SALE
ACTIVE
$3,980,000
EST. 10,018.59/MO CALCULATE
7
BEDS
2,811
SQ. FT.
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.
Property Details
- MLS ID26016384
- Property TypeMulti Unit - Multiple
- Building Area Total2811
- Community FeaturesPool
- Days on Site1
- ExteriorWood Siding
- HeatingHeat Pump
- HeatingY/N1
- Home StyleDuplex
- Interior FeaturesCeiling Fan(s)
- Lot Dimensions0.13 acre(s)
- Lot Size0.13 Acres
- Other StructuresNo
- Parking FeaturesOther
- Roof TypeMetal
- SewerPublic Sewer
- Spa FeaturesCommunity, Hot Tub/Spa
- Stories2.0
- Structure TypeDuplex
- Units2
- UtilitiesCharleston Water Service, Dominion Energy
- WaterPublic
- Year Built1910
- acres0.13
Amenities
- Ceiling Fan(s)
Listed By / Shown By
Listed By
Agency Name: The Boulevard Company
Charleston Trident MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
Charleston Trident MLS
Web address QR Codes
111 Cannon Street
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