Charleston, SC 29403,25 Cannon St
Charleston, SC 29403,25 Cannon St
Charleston, SC 29403,25 Cannon St
Charleston, SC 29403,25 Cannon St
Charleston, SC 29403,25 Cannon St
Charleston, SC 29403,25 Cannon St
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Listed by The Boulevard Company, LLC
Bought with Keller Williams Realty Charleston West Ashley

$1,600,000

$1,750,000

8.6%
Est.Price: ?

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Est. payment /mo

4 Beds

1,344 SqFt


SOLD DATE : 06/12/2023

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $1,190

Subdivision Cannonborough-Elliotborough

MLS Listing ID 23006050

Sold Date 06/12/23

Bedrooms 4

Year Built 1900

Lot Size 1,742 Sqft

Acres 0.04

Property Description

FULLY LICENSED STR IN OPERATION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property has undergone a studs out renovation that boasts luxury finishes with two separate dwelling units. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter of nightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. ((FULLY RENOVATED, FURNISHED, TURNKEY (Each of the units feature two full bedrooms and two full bathrooms which have been fully renovated with similar finishes throughout. The kitchen in each unit is the focal point of every home, which is why each kitchen is dressed in gold finishes and boasts upgraded stainless steel appliances, custom shaker cabinets with a farmhouse sink, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the units included walk in herringbone pattern tiled shower with an illuminated shower niche, wood floors throughout. Finally, the rear of the property has been reimagined with a paver patio, modern fencing with mounted lighting, café lighting, and turf. This property is modern and virtually maintenance free!((HIGH CASHFLOW PROPERTY(Although the property is newly licensed and just began operating as a short-term rental, comparable data suggests gross short term rental revenue could be up to $225,000 yearly.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Interior Features Ceiling Fan(s)

Heating Heat Pump, See Remarks

Cooling Central Air, Other

Exterior

Garage Spaces 1.0

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Metal

Total Parking Spaces 1

Building

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

Others

Financing Cash, Other (Use Agent Notes)

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