60 Cannon Street, 60 & 60 1/2, Charleston, SC 29403
$5,850,000
Property Type:
MultiFamily
Square Footage:
7,005
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$5,850,000
List Date:
10/07/2024
Last Modified:
11/21/2024
Description
Phenomenal STR rental history!!! 60 & 60 ½ Cannon Street is a 16BD/13BA trophy property providing investors with the rare opportunity to acquire an asset with tremendous presence, character, and scale in the city's most dynamic location. The property is situated on a deep 0.25-acre lot consisting of 13 off-street parking spots. It has already been condo'd into 5 separate tax map numbers split between a historic 1835 street facing triplex and 2004 rear duplex, each available for individual sale. TMS: 460-08-03-038 (All Units Combined), 60 A: 460-08-03-240, 60 B/C: 460-08-03-241 & 460-08-03-242, 60 ½ A: 460-08-03-243, and 60 ½ B: 460-08-03-244. All units will be sold fully stocked and furnished.
*LEGAL & LICENSED BY THE CITY OF CHARLESTON, PERMIT 04872, 04873, 04432, & 04433.*
Supplements: This property is part of a partial portfolio sale consisting of the following addresses: 40 Spring Street A&B (6BD/6.5BA) TMS: 460-08-02-024 90 Spring Street A&B (8BD/6.5BA) TMS:460-08-03-181 65 Spring Street (Commercial Space) TMS: 460-08-03-053
More Information MLS# 24025688
Contract Info
MLS List Date: 2024-10-07
Status: Active
List Price: $5,850,000
Current Price: $5,850,000
Location Tax Legal
Tax Map #: 4600803038
Street #: 60
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: Elliotborough
Elementary School: Mitchell
Middle School: Courtenay
High School: Burke
Directions: From King Street, turn onto Spring Street
General Property Info
Number of Units: 5
# Stories: 4
Ground Level: Yes
Primary Structure Apx SqFt: 7005
Year Built: 1835
Acreage: 0.25
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Unit 1
SqFt: 1561
Bedrooms: 3
Baths: 2
Unit 2
SqFt: 3159
Bedrooms: 7
Baths: 5
Unit 3
SqFt: 1143
Bedrooms: 3
Baths: 3
Unit 4
SqFt: 1143
Bedrooms: 3
Baths: 3
Property Features
SqFt Source: Hired Measurement
Roof: Architectural; Metal; Slate
Exterior: Wood Siding
Foundation: Crawl Space; Slab; See Remarks
Driveway: Gravel
Architectural Style: Duplex; Single Family Detached; Triplex
Zoning: Conforming
Cooling: Central Air
Heat: Electric; Natural Gas
Amenities: Cable TV; Trash
Sale Includes: All Furniture; Building and Land
Proposed Financing: Any
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: The Boulevard Company
Last Updated: November - 21 - 2024
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