11 Hanover Street, Charleston, SC 29403
MULTI_FAMILY - Charleston, SC
Property Features for 11 Hanover Street
General Information
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Both buildings have been rented since June 1, 2022. Tenants are in place through May 31, 2027 for Building A and through April 30, 2027 for Building B. Tenants are responsible for all utilities except Wi-Fi. The property is in an X Flood Zone and is described as not requiring flood insurance.
Operational features include metal roofs, tankless water heaters, and raised slab foundations. A transferable termite bond through Elam’s is included, along with plenty of off-street parking and the ability to apply for additional residential parking decals through the City of Charleston. The property is eligible for the STR CAT 2 Bed & Breakfast permit, allowing one building to be operated as a nightly short-term rental while the other is owner-occupied under the stated owner-occupied tax rate.
Key Highlights
- Two‑building duplex built in 2021, with a total property size of 3,462 SF
- Building A: 4 bedrooms, 4 full bathrooms, 2,084 SF; tenants through May 31, 2027
- Building B: 3 bedrooms, 3 full bathrooms, 1,378 SF; tenants through April 30, 2027
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 29403, SC
Market
Vacancy Rate% for Multifamily in South region