Viewing Listing MLS# 31003235 | 56 Cannon Street UNIT A,B,C,D, Charleston SC
Charleston, SC 29403
- $1,129.61Price per SqFt
- 5,532SqFt
- 16Days on Market
- N/AZoning
- 1865Year Built
- Multi FamilyUse
- MLS# 31003235
- Commercial Sales
- Multi Family
- Active
- Approx Time on Market16 days
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
Introducing an exceptional investment opportunity to own 4 active, legal short term rental units encompassing 3 buildings in the heart of Charleston's coveted Cannonborough Elliotborough neighborhood. This property includes a total of 14 bedrooms & 14 bathrooms. The front historic blue building is a renovated duplex, which features 4 bedrooms & 4 bathrooms per unit. To the rear of the property stand 2 newly constructed single family homes, each with 3 bedrooms & 3 bathrooms. These properties present a rare chance to own a piece of Charleston's historic charm, combined with modern amenities & lucrative income. The seamless integration of modern conveniences & historic details ensures a comfortable & captivating living experience for residents or guests alike. Convenient on site parking further enhances the property's appeal, ensuring hassle-free accessibility. With all units currently operating as legal, active short-term rentals, this property presents an enticing income-generating opportunity for savvy investors. Seize this opportunity to invest in the Holy City's only neighborhood allowing legal and welcomed short term vacation rental properties.
Building Info
Anchored: No
Year Built: 1865
Financial
Garage / Parking
Parking Type: Surface
Lot Info
County: Charleston
Land Size: 0.21
Misc
Title: 4 STR units in Downtown Charleston with 3 buildings and a total of 14 beds, 14 bathrooms.
Offer Compensation
Property Info
Second Property Subtype: Hospitality, Multi Family
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: 1031 Exchange, Cash, Conventional
Property Type: A
Original Price: $6,249,000
Property Use Type: Commercial, Investment, Multi-Family
Class Type: Multi Family
Sold Info
Sqft Info
Rentable Area: 5532
Unit Info
Unit: A,B,C,D
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Directions
From Hwy 17 N, bear right onto Cannon Street, property will be on your left, just after Felix St.Courtesy of listing office Keller Williams Realty Charleston West Ashley