Two-Home Multifamily
For Sale
$1,999,999
11 Hanover Street #A B, Charleston, SC 29403
Two 2021 residences provide flexible owner-occupant, long-term leasing, and short-term rental configurations near downtown Charleston.
Property SizeContact for details
Days on Market54
Property Features for 11 Hanover Street #A B
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
1 x 4BR/4BA, 1 x 3BR/3BA
Multifamily Units
2
Additional Details
Gross Income
$126,000
Road Access
Yes
Amenities
metal roofs
tankless water heaters
raised slab foundations
off-street parking
transferable termite bond
Security System
Central
Heat Pump
Central Air
Charleston Water Service, Dominion Energy, Metal
Building Details
Year Built
2021
Buildings
2
Listing Agency:
The Boulevard Company
Listed By:
Sl Saad
(843) 806-9830
Source:
Kw
Added: Jul 24
Changed: Sep 14
Last Checked: Sep 14 at 12:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulevard Company
Investment Insights
Based on property information with market context.
This multifamily property includes two separate residences completed in 2021 and maintained since construction. Building A contains 4 bedrooms, 4 full bathrooms, and 2,084 square feet, while Building B offers 3 bedrooms, 3 full bathrooms, and 1,378 square feet. Recent landscaping and interior painting complement metal roofs, tankless water heaters, raised slab foundations, central HVAC, and a transferable termite bond. Off-street parking is available, with the ability to apply for additional residential parking decals through the City of Charleston.
Located at 11 Hanover Street near King Street in downtown Charleston, the property is designated within the X Flood Zone. Both residences are currently leased, with Building A occupied through May 31, 2027, and Building B through April 30, 2027. The property is eligible for the STR CAT 2 Bed & Breakfast permit, supporting an owner-occupancy and short-term rental strategy subject to applicable requirements.
Located at 11 Hanover Street near King Street in downtown Charleston, the property is designated within the X Flood Zone. Both residences are currently leased, with Building A occupied through May 31, 2027, and Building B through April 30, 2027. The property is eligible for the STR CAT 2 Bed & Breakfast permit, supporting an owner-occupancy and short-term rental strategy subject to applicable requirements.
Key Highlights
- Two residences completed in 2021 on one lot near King Street in downtown Charleston
- Building A: 4 bedrooms, 4 full bathrooms, and 2,084 square feet
- Building B: 3 bedrooms, 3 full bathrooms, and 1,378 square feet
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,098
Businesses Nearby
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Business Placement
Demographics for 29403, SC
21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two 2021 residences provide flexible owner-occupant, long-term leasing, and short-term rental configurations near downtown Charleston.
Where is this multifamily property located?
The property is located at 11 Hanover Street #A B Charleston, SC.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Two residences completed in 2021 on one lot near King Street in downtown Charleston; Building A: 4 bedrooms, 4 full bathrooms, and 2,084 square feet; Building B: 3 bedrooms, 3 full bathrooms, and 1,378 square feet
