56 Cannon Street, Unit A B C D

Charleston, SC 29403

$6,249,000
Price
14
Beds
14
Baths
5,532 Sq. Ft.
$1,130 / Sq. Ft.
5,532
Sq. Ft.
$1,130
per Sq. Ft.

Description

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...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.
  1. Listed by Keller Williams Realty Charleston West Ashley

Property Details for 56 Cannon Street, Unit A B C D

Subdivision Name
Cannonborough-Elliotborough

Location

Listing Courtesy of Keller Williams Realty Charleston West Ashley
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LISTING UPDATED: 04/15/2024 06:16 PM

Property Details for 56 Cannon Street, Unit A B C D

StatusActive
MLS #24009378
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1865
Lot Size0.21 AC / 9,147 SF
CountyCharleston County

Location

Listing Courtesy of Keller Williams Realty Charleston West Ashley
Add your commute

Building Information for 56 Cannon Street, Unit A B C D

Stories2Residences4Year Built1865Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$34,103 per month

30 year fixed, 7.25% Interest

Principal and Interest

$34,103

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Cannon Street, Unit A B C D

Summary
Location and General Information
  • Latitude: 32.790777
  • Longitude: -79.944173
  • Directions: From Hwy 17 N, Bear Right Onto Cannon Street, Property Will Be On Your Left, Just After Felix St.
Taxes and HOA
  • Tax Map Number: 4600803040
School Information
  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney
Parking
  • Attached Garage YN: None
  • Carport YN: None
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: Other (Use Remarks)
Property
Lot Information
  • Building Area Total: 5532.0
  • Building Area Units: Square Feet
  • Foundation Details: Crawl Space, Slab
  • Other Structures: None
  • New Construction YN: No
  • Structure Type: Duplex, Quadruplex, Single Family Detached
Property and Assessments
  • Photos Count: 67
  • Photo Rights: I own the photos or have the right to use: Yes
Utilities
  • Utilities: Charleston Water Service, Dominion Energy
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating YN: Yes
  • Cooling: Central Air
  • Cooling YN: Yes
  • Heating: Forced Air
  • Interior Features: Ceiling Fan(s)
  • Stories: 2
Exterior Features
  • Community Features: Bus Line
  • Construction Materials: Wood Siding
  • Roof: Metal
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1 Information
  • Unit 1: SqFt: 1560
  • Unit 1: Bedrooms: 4
  • Unit 1: Baths: 4
Unit 2 Information
  • Unit 2: SqFt: 1560
  • Unit 2: Bedrooms: 4
  • Unit 2: Baths: 4
Unit 3 Information
  • Unit 3: SqFt: 1206
  • Unit 3: Bedrooms: 3
  • Unit 3: Baths: 3
Unit 4 Information
  • Unit 4: SqFt: 1206
  • Unit 4: Bedrooms: 3
  • Unit 4: Baths: 3

Property History for 56 Cannon Street, Unit A B C D

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 56 Cannon Street, Unit A B C D

This home is within Charleston 01 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mitchell Elementary School
PublicPK to 5

James Simons Elementary School
PublicPK to 8

Simmons Pinckney Middle School
Public6 to 8

Burke High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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56 Cannon Street, Unit A B C D is a multi-family home for sale in Charleston, SC 29403. This property was listed for sale on April 15, 2024 by Keller Williams Realty Charleston West Ashley, it's currently listed at $6,249,000. This listing's school district is Charleston 01 School District. Nearby schools include Mitchell Elementary School, James Simons Elementary School and Simmons Pinckney Middle School. 56 Cannon Street, Unit A B C D is a 14-bed, 14-bath, 5,532 sqft multi-family home built in 1865.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Charleston West Ashley

We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Based on information from one of the following Multiple Listing Services: Charleston Trident MLS and MLS of Hilton Head Island. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS,© 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.