62 1/2 Cannon Street Charleston, SC $ 2,390,000
62 1/2 Cannon Street
$ 2,390,000
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62 1/2 Cannon Street

Charleston, SC, 29403
$ 2,390,000
Baths0.0 Sq 3,450

Monthly Estimate*

$ 15,885

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Studio

Multi-Family Home for sale in Charleston, SC

for $2,390,000. This 3,450 square foot home was built in 1885 on a lot size of 0.1.

Excellent investment opportunity in legal STR district! Large duplex located in the heart of Charleston's highly sought-after Cannonborough Neighborhood, in the short term rental (STR) overlay district, 62 1/2 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.

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Multi-Family Contingent

Price

$ 2,390,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.1

Year Built

1885

Town/City

Charleston

County/Region

Charleston

MLS | Web ID

24012421

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Charleston Water Service Dominion Energy
Roof Asphalt
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1885
County Charleston
New Construction No
Property Type Residential Income
Subdivision Name Cannonborough-Elliotborough
Garage Y/N No
Other Structures None
Status Active Contingent
Directions King St To Cannon St Home On Right
High School Burke
City Charleston
Zoning Description Conforming
MLS Area 51 - Peninsula Charleston Inside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 4356
Street Name Cannon
Elementary School Mitchell
Middle/Junior High School Simmons Pinckney
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active Under Contract
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Exterior
Parking Features Other (Use Remarks)
Water Source Public
Lot Size Area 0.1
Foundation Details Crawl Space
Building Area Total 3450
Lot Size Acres 0.1
Covered Spaces 0
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
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* Excluded Features
List By
Hayden Jennings Properties

Broker

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$15,885
Per Month
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Monthly Principal & Interest
$15,885
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4141575 Elementary School
1478873 Middle School
Burke High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$2,390,000 Listed Price

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62 1/2 Cannon Street, Charleston, SC, 29403 is a Multi-Family Home for sale at $2,390,000 with 3,450 sqft and a lot size of 0.1. 62 1/2 Cannon Street is a studio with 0.0 baths and was built in 1885. The property's zip code is 29403 which is in Charleston, SC