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$3,980,000
111 Cannon Street
Charleston, SC 29403
MLS# 26016384
2811 sqft
111 Cannon Street, Charleston, SC 29403
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111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403 111 Cannon Street, Charleston, SC 29403

Property Description
Stunning, turnkey short-term rental opportunity in the heart of downtown Charleston. This exceptional two-unit property features a total of 7 bedrooms and 7 bathrooms, including a 4 bed / 4 bath Unit A and a 3 bed / 3 bath Unit B, offering immediate income potential ($375k+) with professional management already in place and a proven track record of consistent 5-star guest reviews. Originally a historic residence, the property has been completely renovated by a premier general contractor and interior design team, blending classic Charleston character with modern functionality. Each unit is professionally furnished and thoughtfully appointed, and the sale includes all appliances, fixtures, and furnishings providing a seamless, turnkey investment.

Details
Contract Info
MLS List Date: 2026-06-05
Status: Active
List Price: $3,980,000
Current Price: $3,980,000
Primary Structure List Price/SqFt: 1415.87
Location Tax Legal
Tax Map #: 4601502001
Street #: 111
Street Name: Cannon
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Directions: Take Rutledge Avenue South then turn right on to Cannon St. Property is located on left-hand side of the street.
General Property Info
Number of Units: 2
# Stories: 2
Primary Structure Apx SqFt: 2811
Year Built: 1910
Acreage: 0.13
Potential Short Sale: No
Other Structures Y/N: No
Unit 1
Bedrooms: 3
Baths: 3
Unit 2
Bedrooms: 4
Baths: 4
Property Features
SqFt Source: Tax Records
Roof: Metal
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Other (Use Remarks)
Architectural Style: Duplex
Cooling: Heat Pump
Heat: Heat Pump
Amenities: Cable TV; Hot Tubs; Pool; Trash
Sale Includes: All Furniture
Proposed Financing: Cash
Possession: Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
The outdoor living experience sets this property apart, featuring a private backyard retreat with spa, built-in grill, expansive lounge deck, and large outdoor dining area. Blue stone patios and brick walkways are complemented by custom landscaping and iron gates, creating one of the most distinctive and upscale outdoor environments in the city. Projected 2026 revenue is estimated at $367,000, with over $200,000 already booked, underscoring the property's strong performance and demand. Additional financials and expense details are available upon request. Ideally located within walking and biking distance to MUSC, as well as the vibrant shops, restaurants, and nightlife of Cannonborough-Elliotborough and Upper King Street, this offering presents a rare opportunity to acquire a high-performing, fully permitted short-term rental asset in one of Charleston's most sought-after neighborhoods.

Listing Office: The Boulevard Company

Last Updated: June - 09 - 2026

111 Cannon Street, Charleston, SC 29403 - MLS# 26016384

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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About Me

Josiah Williams was born and raised in the Holy City and loves everything the city has to offer. He believes Charleston has something to offer for everyone; whether you enjoy the outdoors, amazing cuisine or the deep history embedded within this great city.

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Sullivan’s Island, SC 29482

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