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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.
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
Amenities
Monthly Cost Estimate
$21,286/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
111 Cannon Street
Charleston, SC 29403
Cannonborough-Elliotborough
Features & Amenities
Interior Features
Property Details
Construction
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.





