51 - Peninsula Charleston Inside of Crosstown Homes with James B Edwards Elementary school

**Discover the Charm of Peninsula Charleston: Your Ideal Home Awaits**

Nestled within the heart of Charleston, South Carolina, the Peninsula Charleston Inside of Crosstown is a captivating region that beautifully marries historic charm with modern convenience. Known for its vibrant culture and rich history, this area offers an exceptional lifestyle that appeals to families, professionals, and retirees alike. As you stroll through the tree-lined streets, you’ll be enchanted by the stunning architecture, lush parks, and the warm, welcoming community spirit that defines this unique neighborhood.

One of the standout features of this region is its proximity to James B. Edwards Elementary School, a highly regarded institution that prioritizes academic excellence and holistic development. Families residing here appreciate the accessibility to quality education, making it an ideal choice for those looking to provide their children with a strong foundation. The school’s dedicated staff and engaging programs foster a nurturing environment, ensuring that young learners thrive both academically and socially.

The homes in Peninsula Charleston reflect the area’s rich heritage, showcasing a blend of classic Lowcountry design and contemporary amenities. Whether you’re seeking a charming historic bungalow or a modern townhouse, you’ll find a diverse array of options that cater to every taste and budget. The community is also conveniently located near local shops, restaurants, and recreational facilities, offering residents an abundance of activities to enjoy.

Experience the allure of Peninsula Charleston Inside of Crosstown, where historic elegance meets modern living. Your dream home is waiting—come explore the possibilities today!

Newest 51 - Peninsula Charleston Inside of Crosstown Homes with James B Edwards Elementary school

$1,999,999

7 Beds ⋅ 26021150 MLS ⋅ Eastside SubDv. ⋅ Active Status

BRING ALL OFFERS! X Flood Zone - No Flood Insurance Required! A rare opportunity to own two charming 2021 construction homes in pristine condition on one lot just blocks from King Street in the heart of downtown Charleston. 11 Hanover Street offers incredible flexibility for a College of Charleston parent, owner-occupant, or investor. Both buildings have been rented since June 1, 2022, with tenants currently in place through May 31, 2027 (Building A) and April 30, 2027 (Building B). Current ownership has never increased rents, which have remained at $1,500 per bedroom since 2022, generating $10,500 per month in rental income. With current market rents ranging from approximately $1,850-$2,100 per bedroom, a new owner has significant upside potential to increase incomeat lease expiration. Tenants are responsible for all utilities with the exception of Wi-Fi. The property is eligible for the STR CAT 2 Bed & Breakfast permit, allowing an owner to occupy one of the two buildings at the 4% owner-occupied tax rate while legally operating the other as a nightly short-term rental at the 6% tax rate. Projected gross revenue for owner-occupying Building B and short-term renting Building A is approximately $133,000 annually. The front home (A) features 4 bedrooms, 4 full bathrooms, and 2,084 square feet, while the rear home (B) offers 3 bedrooms, 3 full bathrooms, and 1,378 square feet. Both homes were completed in 2021 and have been meticulously maintained since construction. Properties have recently been landscaped and interiors painted. Additional highlights include metal roofs, tankless water heaters for endless hot water, raised slab foundations (no crawlspace maintenance or moisture concerns), a transferable termite bond through Elam's, PLENTY off-street parking, and the ability to apply for additional residential parking decals through the City of Charleston. Offering an unbeatable downtown location, rare X Flood Zone designation, modern construction, multiple investment strategies, and substantial income potential, 11 Hanover Street is truly a one-of-a-kind opportunity in downtown Charleston.

11 Hanover Street Unit #A,B, Charleston

$1,999,999

7 Beds ⋅ 7 Baths ⋅ 26021152 MLS ⋅ Eastside SubDv. ⋅ Active Status

BRING ALL OFFERS! X Flood Zone - No Flood Insurance Required! A rare opportunity to own two charming 2021 construction homes in pristine condition on one lot just blocks from King Street in the heart of downtown Charleston. 11 Hanover Street offers incredible flexibility for a College of Charleston parent, owner-occupant, or investor. Both buildings have been rented since June 1, 2022, with tenants currently in place through May 31, 2027 (Building A) and April 30, 2027 (Building B). Current ownership has never increased rents, which have remained at $1,500 per bedroom since 2022, generating $10,500 per month in rental income. With current market rents ranging from approximately $1,850-$2,100 per bedroom, a new owner has significant upside potential to increaseincome at lease expiration. Tenants are responsible for all utilities with the exception of Wi-Fi. The property is eligible for the STR CAT 2 Bed & Breakfast permit, allowing an owner to occupy one of the two buildings at the 4% owner-occupied tax rate while legally operating the other as a nightly short-term rental at the 6% tax rate. Projected gross revenue for owner-occupying Building B and short-term renting Building A is approximately $133,000 annually. The front home (A) features 4 bedrooms, 4 full bathrooms, and 2,084 square feet, while the rear home (B) offers 3 bedrooms, 3 full bathrooms, and 1,378 square feet. Both homes were completed in 2021 and have been meticulously maintained since construction. Properties have recently been landscaped and interiors painted. Additional highlights include metal roofs, tankless water heaters for endless hot water, raised slab foundations (no crawlspace maintenance or moisture concerns), a transferable termite bond through Elam's, PLENTY off-street parking, and the ability to apply for additional residential parking decals through the City of Charleston. Offering an unbeatable downtown location, rare X Flood Zone designation, modern construction, multiple investment strategies, and substantial income potential, 11 Hanover Street is truly a one-of-a-kind opportunity in downtown Charleston.

11 Hanover Street Unit #A,B, Charleston

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