62 1/2 Cannon Street

Charleston, SC 29403

$2,390,000
Price
6
Beds
6
Baths
3,450 Sq. Ft.
$693 / Sq. Ft.
3,450
Sq. Ft.
$693
per Sq. Ft.

Description

Excellent investment opportunity in legal STR district! Large duplex located in the heart of Charleston's highly sought-after Cannonbourgh Neighborhood, a short term rental (STR) overlay district, 62 A1/2 Cannon Street offers a perfect opportunity for investors or homeowners seeking an income producing property. Situated within walking distance of King Street shopping, neighborhood coffee shops, bars and restaurants, this 1880's multi-family home is ideal for enjoying the best that Charleston has...Excellent investment opportunity in legal STR district! Large duplex located in the heart of Charleston's highly sought-after Cannonbourgh Neighborhood, a short term rental (STR) overlay district, 62 A1/2 Cannon Street offers a perfect opportunity for investors or homeowners seeking an income producing property. Situated within walking distance of King Street shopping, neighborhood coffee shops, bars and restaurants, this 1880's multi-family home is ideal for enjoying the best that Charleston has to offer. In 2015, the home underwent a complete renovation with a legally permitted 1100 square foot addition bringing the total to 3450 square feet. It contains six bedrooms, six full bathrooms, four full gas range kitchens with full size refrigerators, and 3 washer/dryer hookups. Custom cabinetry and decorative elements are crafted from salvage material from the renovation, making for a one-of-a-kind look throughout all parts of the building. The front part is the larger historic section of the house featuring exposed brick chimneys, high ceilings and original heart pine floors. On the lower level you can enjoy a wide front porch facing the street with a view of the famous Sugar Bakeshop. From under the painted transom window and original front door with original doorbell hardware you will find a washer/dryer space, a huge front bedroom to one side and an expansive open-plan kitchen and living room. Two bathrooms with unique hand-picked marble and old-growth lumber complete the aesthetic. Upstairs features the same attention to detail. All hardware is either painstakingly restored or carefully replaced with period reproductions. Beautiful modern bathrooms will offer a comfortable a luxurious experience, while new appliances will make cooking and cleaning enjoyable. As with downstairs, there is a substantial one-bedroom apartment and this one includes an artistically preserved claw-foot tub from the original house that acts as a shower and bath. The back porch is ideal for a hammock, and with the wraparound balcony, the front porch is ideal for a relaxing evening in a secluded private space. One of the gems of this house is the third-story sunroom and full floor size roof deck in the 2015 addition, singular among houses of this area. This versatile space can be used for entertaining, everyday coffee or sunbathing. The lot has the ability to accommodate three rows of two cars for a total of six off-street parking spaces, which is almost unheard of in this neighborhood.
  1. Listed by Hayden Jennings Properties

Property Details for 62 1/2 Cannon Street

Architectural Style
Charleston Single
Subdivision Name
Cannonborough-Elliotborough

Location

Listing Courtesy of Hayden Jennings Properties
Add your commute
LISTING UPDATED: 05/25/2024 12:20 PM

Property Details for 62 1/2 Cannon Street

StatusActive Under Contract
MLS #24012317
Days on Market6
Taxes$10,624 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1885
Lot Size0.10 AC / 4,356 SF
CountyCharleston County

Location

Listing Courtesy of Hayden Jennings Properties
Add your commute

Building Information for 62 1/2 Cannon Street

Stories2Year Built1885Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$13,929 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,043

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 62 1/2 Cannon Street

Summary
Location and General Information
  • Latitude: 32.790526
  • Longitude: -79.94464
  • Directions: King Street To Right On Cannon Home Is On The Right Rutledge To Left On Cannon Home On Left
Taxes and HOA
  • Tax Map Number: 4600803037
School Information
  • Elementary School: Mitchell
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney
Parking
  • Attached Garage YN: None
  • Carport Spaces: 0.0
  • Carport YN: False
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: Off Street
Property
Lot Information
  • Building Area Total: 3450.0
  • Building Area Units: Square Feet
  • Foundation Details: Raised Slab
  • Lot Features: Level
  • Other Structures: None
  • New Construction YN: No
Property and Assessments
  • Property Attached YN: No
  • Photos Count: 49
  • Photo Rights: I own the photos or have the right to use: Yes
  • Assumable: No
Utilities
  • Utilities: Charleston Water Service, Dominion Energy
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heating YN: Yes
  • Bathrooms Half: 0
  • Cooling: Central Air
  • Cooling YN: Yes
  • Fireplace Features: Bedroom, Family Room, Living Room
  • Fireplace YN: Yes
  • Flooring: Ceramic Tile, Wood
  • Heating: Heat Pump
  • Interior Features: Ceiling - Smooth, High Ceilings, Living/Dining Combo, Loft
  • Room Master Bedroom Level: Lower
  • Levels: Two
  • Stories: 2
Exterior Features
  • Patio And Porch Features: Front Porch
  • Construction Materials: Wood Siding
  • Exterior Features: Balcony

Property History for 62 1/2 Cannon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 62 1/2 Cannon Street

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.

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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 Hayden Jennings Properties

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.