$1,850,000
62 1/2 Cannon Street
Charleston, SC 29403
  • 6Beds
  • 6Full Baths
  • N/AHalf Baths
  • 3,450SqFt
  • 1885Year Built
  • 0.10Acres
  • MLS# 24012317
  • Residential
  • Single Family Detached
  • Sold


Overview

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.



Sale Info

Listing Date: 05-15-2024

Sold Date: 06-21-2024

Aprox Days on Market: 
    1 month(s), 5 day(s)

Listing Sold: 
    4 month(s), 18 day(s) ago

Original Asking Price: $2,390,000

Asking Price: $2,390,000

Selling Price: $1,850,000

Price Difference From Original: 
Reduced By $540,000

Price Difference From Asking: 
Reduced By $540,000

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  6

Building Info

Levels:  Two

Year Built:  1885

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Front Porch

Exterior Features:  Balcony

Pool Private:  No

Style:  Charleston Single

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Desclocation:  Bedroom, Family Room, Living Room

Interior Features:  Ceiling - Smooth, High Ceilings, Living/Dining Combo, Loft

Fireplace:  Yes

Lot Info

Lot Size:  0.10

Lot Desc:  Level

Lot Size Units:  Acres

Acres:  0.10

Lot Sqft:  4356

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  2

Foundation:  Raised Slab

Exterior:  Wood Siding

New Construction:  No

Property Subtype:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  6

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2024-06-21T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  3450

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, Dominion Energy

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Simmons Pinckney

High:  Burke

Directions

King Street To Right On Cannon Home Is On The Right Rutledge To Left On Cannon Home On Left

Courtesy of listing office Hayden Jennings Properties 

Mortgage Calculator

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Price & Status History (on kennedyrealty.com since Wed, May 15th 2024)
  • Original Price: $2,390,000
  • Current Price: $2,390,000
  • Price Reduced: $0
Date ChangedFromTo
06/21/2024Active ContingentSold
05/25/2024ActiveActive Contingent

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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-08-2024 10:29 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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