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Two-Unit Short-Term Rental Property
For Sale
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111 Cannon Street, Charleston, SC 29403

Turnkey, furnished two-unit setup with seven bedrooms and private outdoor amenities for short-term guests.

Property Size2,811 SF
Price / SF$1,415
Days on Market67

Property Features for 111 Cannon Street

General Information

Standard status Active
Size 2,811 SF
Total Parking Spaces 1
Property subtype Multifamily
Zoning City of Charleston - LB - Limited Business

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1910
Units 2
Listing Agency: The Boulevard Company
Listed By: Matt Anderson · License #SC
Source: Crexi
Added: Jun 6 Changed: Aug 8 Last Checked: Aug 10 at 1:08PM

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 turnkey two-unit short-term rental property is configured with a 4-bedroom/4-bath Unit A and a 3-bedroom/3-bath Unit B, for a total of 7 bedrooms and 7 bathrooms. The home has been fully renovated from its original historic residence character, with professional design and contracting work completed. Both units are professionally furnished and thoughtfully appointed, and the sale includes appliances, fixtures, and furnishings, allowing for immediate operation without additional outfitting.

Located at 111 Cannon Street in Charleston, the property is described as being in the heart of downtown. The outdoor space is a standout feature, with a private backyard retreat that includes a spa, built-in grill, lounge deck, and a large outdoor dining area, along with blue stone patios, brick walkways, custom landscaping, and iron gates.

For buyers seeking a ready-to-operate short-term rental, the property is presented as having professional management in place and a demonstrated guest-review history, with remarks noting consistent 5-star guest reviews. The listing also references 2026 revenue projections and existing bookings, with additional financial and expense details available upon request. With convenient walk and bike access to MUSC and nearby dining and retail, the layout supports flexible guest stays across the two distinct unit configurations.

Key Highlights

  • Two‑unit property (built 1910) with 7 total bedrooms and 7 total bathrooms
  • Unit A: 4 bed / 4 bath; Unit B: 3 bed / 3 bath (each unit professionally furnished)
  • Renovated historic residence with appliances, fixtures, and furnishings included for a turnkey setup

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5,584
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Turnkey, furnished two-unit setup with seven bedrooms and private outdoor amenities for short-term guests.
Where is this short term rental property located?
The property is located at 111 Cannon Street Charleston, SC.
What is the asking price?
The asking price for this property is $3,980,000.
What are key features of this property?
This property features: Two‑unit property (built 1910) with 7 total bedrooms and 7 total bathrooms; Unit A: 4 bed / 4 bath; Unit B: 3 bed / 3 bath (each unit professionally furnished); Renovated historic residence with appliances, fixtures, and furnishings included for a turnkey setup
(843) 806-9830 Call to check price and availability
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