About This Home

This 7-bedroom, 0-bathroom residential multi family at 111 Cannon Street in Charleston, SC is listed for $3,875,000 ($1,379 per sqft). Built in 1910, the home offers 2,811 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1910
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1910

Amenities

A/C
Listing 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 $375,000+ 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-Elliotborough 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.

Monthly Cost Estimate

$20,724/mo

20% down · 6.5% · 30 years

Principal$2,802
Interest$16,792
Insurance$1,130

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 $3,875,000 ($1,379/sqft). The estimated monthly payment is $20,724 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Matt Anderson.

MA

Matt Anderson

Agent at The Boulevard Company

Listed by The Boulevard Company · Broker phone: (843) 806-9830 · View on Broker Site · Broker website

MLS# 26026897· Source: CHS Regional MLS· 31 days on PropertySimple

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

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