About This Home

This 7-bedroom, 0-bathroom residential multi family at 35 Cannon Street in Charleston, SC is listed for $3,195,000 ($979 per sqft). Built in 1880, the home offers 3,262 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1880
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
1880

Amenities

A/C
Listing Description

Welcome to 35 & 35 1/2 Cannon Street, a rare, turnkey three-unit short-term rental investment opportunity in Charleston's highly desirable Cannonborough-Elliotborough neighborhood, just two blocks from King Street. Projected to generate $313,000 in stabilized gross rental revenue in 2027, this fully furnished, professionally managed property offers

investors an established income-producing asset in one of Downtown Charleston's most sought-after locations.Two separate buildings on one parcel. The property features two 2-bedroom, 2.5-bath residences of approximately 1,049 SF each, both with private piazzas, along with a detached two-story, 3-bedroom, 2.5-bath single-family residence of approximately 1,164 SF featuring front and upper porches.

Together, the three units offer approximately3,262 heated SF, 7 bedrooms, and five on-site parking spaces--a rare amenity in Downtown Charleston. Front house driveway has 3 tandem, back house has 2 spaces on left side. All three units are actively licensed short-term rentals with transferable STR permits, allowing for non-owner-occupied rental operations.

Extensively renovated in 2023, improvements include new roofs, mechanical, electrical and plumbing systems, flooring, and select structural upgrades. Located just steps from Charleston's acclaimed restaurants, shopping, and entertainment, this property combines a prime walkable location with established STR operations, professional management, and a fully furnished, turnkey offering. A compelling opportunity to acquire a renovated, income-producing investment property in the heart of Downtown Charleston.

Monthly Cost Estimate

$17,088/mo

20% down · 6.5% · 30 years

Principal$2,311
Interest$13,845
Insurance$932

Estimates only. Actual payments may vary.

Location

35 Cannon Street

Charleston, SC 29403

Downtown

Property Details

Construction

Wood Siding

Heating

Heat Pump (Heating)Other (Heating)Ductless (Heating)

Cooling

Central Air

Questions & Answers

This 7-bedroom, 0-bathroom residential multi family at 35 Cannon Street is listed at $3,195,000 ($979/sqft). The estimated monthly payment is $17,088 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.09 acre lot, 2 stories.

This property is listed by Hunter Diggins.

HD

Hunter Diggins

Agent at King and Society Real Estate

Listed by King and Society Real Estate · View on Broker Site · Broker website

MLS# 26028901· Source: CHS Regional MLS· 9 days on PropertySimple

Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

35 Cannon Street, Charleston, SC 29403

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