Modern Two-Home Multifamily
For Sale
$1,999,999
11 Hanover St Unit A B, Charleston, SC 29403
Two 2021-built homes offer flexible ownership and rental configurations near King Street.
Property Size3,462 SF
Price / SF$577.70
Days on Market49
Property Features for 11 Hanover St Unit A B
General Information
Standard status
Active
Size
3,462 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/4BA, 1 x 3BR/3BA
Multifamily Units
2
Additional Details
Gross Income
$126,000
Building Details
Year Built
2021
Buildings
2
Listing Agency:
The Boulevard Company
(843) 806-9830
Listed By:
Sl Saad
Source:
Homefindercharleston
Added: Jul 13
Changed: Aug 29
Last Checked: Aug 25 at 6:45AM
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 detached homes on one lot, completed in 2021 and totaling 3,462 square feet. The front residence contains 4 bedrooms, 4 full bathrooms, and 2,084 square feet; the rear residence provides 3 bedrooms, 3 full bathrooms, and 1,378 square feet. Both homes have been maintained since construction, with recent landscaping and interior painting. Metal roofs, tankless water heaters, raised slab foundations, and a transferable termite bond add to the property’s physical profile.
Located at 11 Hanover Street near King Street in downtown Charleston, the property is in an X Flood Zone. Existing leases extend through May 31, 2027, for Building A and April 30, 2027, for Building B. The property is eligible for the STR CAT 2 Bed & Breakfast permit, and the homes include off-street parking 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 in an X Flood Zone. Existing leases extend through May 31, 2027, for Building A and April 30, 2027, for Building B. The property is eligible for the STR CAT 2 Bed & Breakfast permit, and the homes include off-street parking with the ability to apply for additional residential parking decals through the City of Charleston.
Key Highlights
- Two homes on one lot with 3,462 SF combined
- Building A: 4 bedrooms, 4 full bathrooms, and 2,084 SF
- Building B: 3 bedrooms, 3 full bathrooms, and 1,378 SF
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,098
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two 2021-built homes offer flexible ownership and rental configurations near King Street.
Where is this multifamily property located?
The property is located at 11 Hanover St Unit 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 homes on one lot with 3,462 SF combined; Building A: 4 bedrooms, 4 full bathrooms, and 2,084 SF; Building B: 3 bedrooms, 3 full bathrooms, and 1,378 SF
