Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 7-bedroom, 0-bathroom residential multi family at 111 Cannon Street in Charleston, SC is listed for $3,980,000 ($1,416 per sqft). Built in 1910, the home offers 2,811 sqft of living space on a 0.13 acres lot.

Agent 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-Ell

iotborough 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.

Key Features

  • Built in 1910
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1910

Amenities

A/C

Monthly Cost Estimate

$21,286/mo

20% down · 6.5% · 30 years

Principal$2,878
Interest$17,247
Insurance$1,161

Estimates only. Actual payments may vary.

Location

111 Cannon Street

Charleston, SC 29403

Cannonborough-Elliotborough

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Construction

Wood Siding

Heating

Heat Pump (Heating)

Questions & Answers

This 7-bedroom, 0-bathroom residential multi family at 111 Cannon Street is listed at $3,980,000 ($1,416/sqft). The estimated monthly payment is $17,247 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.13 acre lot, 2 stories. Interior Features: Ceiling Fan(s).

This property is listed by Matt Anderson and can be reached at (843) 806-9830 or matt@mattandersonproperties.com.

MA

Matt Anderson

Agent at The Boulevard Company

(843) 806-9830

Listed by The Boulevard Company · View on Broker Site

MLS# 26016384· Source: listhub· Updated 1 days ago

Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 Cannon Street, Charleston, SC 29403

Open this listing in: