35 Cannon St, Charleston, SC 29403
35 Cannon St, Charleston, SC 29403
35 Cannon St, Charleston, SC 29403
35 Cannon St, Charleston, SC 29403
35 Cannon St, Charleston, SC 29403
35 Cannon St, Charleston, SC 29403
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Listed by   King and Society Real Estate
$ 3,195,000
Est. payment | /mo

7 Beds

3,262 SqFt


Save
$ 3,195,000
Est. payment | /mo
Save

7 Beds

3,262 SqFt

Key Details

Property Type Multi-Family, Single Family Home

Sub Type Duplex,Single Family Detached,Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $979

Subdivision Downtown

MLS Listing ID 26028901

Bedrooms 7

HOA Y/N No

Year Built 1880

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex,Single Family Detached,Triplex

Property Description

Welcome to 35 & 35 1/2 Cannon Street, a rare, turnkey three-unit short-term rental investment opportunity in Charleston's highly desirable Cannonborough-Elliotborough neighborhood, just two blocks from King Street. Projected to generate $313,000 in stabilized gross rental revenue in 2027, this fully furnished, professionally managed property offers investors an established income-producing asset in one of Downtown Charleston's most sought-after locations.Two separate buildings on one parcel. The property features two 2-bedroom, 2.5-bath residences of approximately 1,049 SF each, both with private piazzas, along with a detached two-story, 3-bedroom, 2.5-bath single-family residence of approximately 1,164 SF featuring front and upper porches. Together, the three units offer approximately3,262 heated SF, 7 bedrooms, and five on-site parking spaces--a rare amenity in Downtown Charleston. Front house driveway has 3 tandem, back house has 2 spaces on left side.

All three units are actively licensed short-term rentals with transferable STR permits, allowing for non-owner-occupied rental operations. Extensively renovated in 2023, improvements include new roofs, mechanical, electrical and plumbing systems, flooring, and select structural upgrades.

Located just steps from Charleston's acclaimed restaurants, shopping, and entertainment, this property combines a prime walkable location with established STR operations, professional management, and a fully furnished, turnkey offering. A compelling opportunity to acquire a renovated, income-producing investment property in the heart of Downtown Charleston.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Heating Heat Pump, Ductless, Wall Unit(s)

Cooling Central Air

Exterior

Parking Features Other

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Architectural,Metal

Building

Dwelling Type Duplex,Single Family Detached,Triplex

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 Any, Cash, Conventional

Listing Terms Any, Cash, Conventional

Financing Any,Cash,Conventional

Nearby Locations

Tara Bittl

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(908) 319-3851

bittltara@gmail.com

806 Johnnie Dodds Blvd, Mt Pleasant, SC 29464, USA

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35 Cannon St