60 Cannon Street, 60 & 60 1/2, Charleston, SC 29403 (MLS# 24025688)

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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, LLC
Last Updated: November - 21 - 2024
60 Cannon Street, 60 & 60 1/2, Charleston, SC 29403- MLS# 24025688
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