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2-Unit Short-Term Rental Property
For Sale
$3,875,000

111 Cannon St, Charleston, SC 29403

Furnished accommodations include private outdoor amenities and appliances, fixtures, and furnishings in the sale.

Property Size2,811 SF
Price / SF$1,378
Days on Market20

Property Features for 111 Cannon St

General Information

Standard status Active
Size 2,811 SF
Property subtype Multi-Family

Building Details

Year Built 1910
Listing Agency: The Boulevard Company
Listed By: Matt Anderson · License #89024
Source: Yourcharlestonhomelistings
Added: Sep 26 Changed: Oct 1 Last Checked: Oct 14 at 11:11PM

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

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Investment Insights

Based on property information with market context.

Built in 1910, this 2,811-square-foot property is configured as two short-term rental units with seven bedrooms and seven bathrooms. Unit A has four bedrooms and four bathrooms; Unit B has three bedrooms and three bathrooms. The renovated units are furnished, and appliances, fixtures, and furnishings are included. The property is fully permitted for short-term rental use.

Outdoor features include a spa, built-in grill, lounge deck, dining area, bluestone patios, brick paths, landscaped grounds, and iron gates. MUSC and the shops, restaurants, and nightlife of Cannonborough-Elliotborough and Upper King Street are within walking and biking distance.

Key Highlights

  • Two units with a combined 7 bedrooms and 7 bathrooms
  • 2,811 square feet; built in 1910
  • Unit A: 4 bedrooms and 4 bathrooms; Unit B: 3 bedrooms and 3 bathrooms

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

7,054
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished accommodations include private outdoor amenities and appliances, fixtures, and furnishings in the sale.
Where is this short term rental property located?
The property is located at 111 Cannon St Charleston, SC.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: Two units with a combined 7 bedrooms and 7 bathrooms; 2,811 square feet; built in 1910; Unit A: 4 bedrooms and 4 bathrooms; Unit B: 3 bedrooms and 3 bathrooms
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