Eastside Homes with 3 Stories Levels

Eastside Homes with 3 Stories Levels

Welcome to Eastside, a vibrant subdivision located in Charleston, South Carolina. Nestled in the heart of Charleston County, Eastside offers a picturesque setting and a close-knit community atmosphere.

Charleston, known for its rich history and Southern charm, is a city that seamlessly blends the old with the new. Eastside, in particular, captures this essence with its charming homes and tree-lined streets.

One notable feature of the homes in Eastside is their three-story levels. These multi-level residences provide ample space for families and individuals alike. With three stories, homeowners have the luxury of extra living areas, bedrooms, or even home offices. This unique feature ensures that everyone in the household has their own private space while still enjoying the benefits of shared living areas.

In addition to the spacious interiors, Eastside offers a range of amenities and conveniences. Residents can take advantage of nearby parks, shopping centers, and restaurants, all within a short distance from their doorstep. The subdivision also boasts excellent schools, making it an ideal choice for families with children.

Whether you're looking for a charming home with three stories or a community that offers a perfect blend of convenience and tranquility, Eastside in Charleston, South Carolina, has it all. Come and discover the beauty and warmth of this wonderful subdivision.

Newest Eastside Homes with 3 Stories Levels

$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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