111 Cannon Street, Charleston, SC 29403 (MLS# 26016384)

111 Cannon Street, Charleston, SC 29403

New Listing
$3,980,000
Property Type: MultiFamily Square Footage: 2,811 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $3,980,000 List Date: 6/05/2026 Last Modified: 6/05/2026

Overview

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.

Supplements: 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. Pr

Listing Details MLS# 26016384

Location, Tax & Legal

Tax Map #
4601502001
Street #
111
Street Name
Cannon
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29403
Area
51 – Peninsula Charleston Inside of Crosstown
Tax District
71 – City of Charleston
Subdivision
Cannonborough-Elliotborough
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke
Directions
Take Rutledge Avenue South then turn right on to Cannon St. Property is located on left-hand side of the street.
Legal Description
111 Cannon

Contract Info

MLS List Date
2026-06-05
Primary Structure List Price/SqFt
1415.87

General Property Info

Number of Units
2
# Stories
2
Primary Structure Apx SqFt
2811
Year Built
1910
Acreage
0.13
Potential Short Sale
No
Other Structures Y/N
No

Income, Expenses & Fees

Gross Income
375000

More Information

Office/Member Info

Seller Concessions Negotiable Y/N
Yes

SqFt Source

Tax Records
Yes

Roof

Metal
Yes

Exterior

Wood Siding
Yes

Foundation

Crawl Space
Yes

Garage/Parking

Assigned Parking
Yes
Other (Use Remarks)
Yes

Driveway

Other (Use Remarks)
Yes

Architectural Style

Duplex
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Ceiling Fan
Yes
Dishwasher
Yes
Disposal
Yes
Gas Range
Yes
Hot Tub/Spa
Yes
Range Hood
Yes
Refrigerator
Yes
Stacked Washer/Dryer
Yes

Cooling

Heat Pump
Yes

Heat

Heat Pump
Yes

Amenities

Cable TV
Yes
Hot Tubs
Yes
Pool
Yes
Trash
Yes

Sale Includes

All Furniture
Yes

Proposed Financing

Cash
Yes

Possession

Tenants Rights
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Tax Records Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Other (Use Remarks) Architectural Style: Duplex Cooling: Heat Pump Heat: Heat Pump Amenities: Cable TV; Hot Tubs; Pool; Trash Sale Includes: All Furniture Proposed Financing: Cash Possession: Tenants Rights Utility Suppliers: Charleston Water Service; Dominion Energy
IDX
Listing Office: The Boulevard Company
Last Updated: June – 05 – 2026
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers’ personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.