62 1/2 Cannon Street, Charleston, SC 29403

$2,390,000
6
BD
6
BA
3,450
SqFt
List Price
$2,390,000
Status
Active
MLS#
24012317
Year Built
1885
Style
Charleston Single
Living Area
3,450
Bedrooms
6
Bathrooms
6
Full-baths
6
Subdivision
Cannonborough-Elliotborough
Acres
0.10

Property Description

Excellent investment opportunity in legal STR district! Large duplex located in the heart of Charleston's highly sought-after Cannonbourgh Neighborhood, a short term rental (STR) overlay district, 62 A1/2 Cannon Street offers a perfect opportunity for investors or homeowners seeking an income producing property.Situated within walking distance of King Street shopping, neighborhood coffee shops, bars and restaurants, this 1880's multi-family home is ideal for enjoying the best that Charleston has to offer. In 2015, the home underwent a complete renovation with a legally permitted 1100 square foot addition bringing the total to 3450 square feet. It contains six bedrooms, six full bathrooms, four full gas range kitchens with full size refrigerators, and 3 washer/dryer hookups.Custom cabinetry and decorative elements are crafted from salvage material from the renovation, making for a one-of-a-kind look throughout all parts of the building. The front part is the larger historic section of the house featuring exposed brick chimneys, high ceilings and original heart pine floors. On the lower level you can enjoy a wide front porch facing the street with a view of the famous Sugar Bakeshop. From under the painted transom window and original front door with original doorbell hardware you will find a washer/dryer space, a huge front bedroom to one side and an expansive open-plan kitchen and living room. Two bathrooms with unique hand-picked marble and old-growth lumber complete the aesthetic. Upstairs features the same attention to detail. All hardware is either painstakingly restored or carefully replaced with period reproductions. Beautiful modern bathrooms will offer a comfortable a luxurious experience, while new appliances will make cooking and cleaning enjoyable. As with downstairs, there is a substantial one-bedroom apartment and this one includes an artistically preserved claw-foot tub from the original house that acts as a shower and bath. The back porch is ideal for a hammock, and with the wraparound balcony, the front porch is ideal for a relaxing evening in a secluded private space. One of the gems of this house is the third-story sunroom and full floor size roof deck in the 2015 addition, singular among houses of this area. This versatile space can be used for entertaining, everyday coffee or sunbathing. The lot has the ability to accommodate three rows of two cars for a total of six off-street parking spaces, which is almost unheard of in this neighborhood.

Additional Information

Levels
Two
Lot Description
Level
Interior Features
Ceiling - Smooth, High Ceilings, Living/Dining Combo, Loft
Construction
Wood Siding
Floors
Ceramic Tile, Wood
Cooling
Central Air
Heating
Heat Pump
Exterior Features
Balcony
Foundation
Raised Slab
Parking
Off Street
Elementary School
Mitchell
Middle School
Simmons Pinckney
High School
Burke

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Hayden Jennings from Listing Office: Hayden Jennings Properties.