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$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

$870,000
3 Beds 2 Baths 26016400 MLS Wagener Terrace SubDv. Active Status
Welcome to Wagener Terrace, one of Charleston's most desirable Peninsula neighborhoods, where timeless Southern charm meets modern comfort. This beautifully maintained home is a rare opportunity to own a true Charleston gem in the heart of the city -- with NO HOA.Step inside to discover refinished and stained pine hardwood floors, abundant natural light, fresh interior paint, and an inviting open-concept layout designed for both everyday living and entertaining. The updated kitchen features granite countertops, ample cabinetry, and seamless flow into the dining and living spaces.Significant recent improvements provide peace of mind, including a new roof (2026), newer Anderson windows throughout, updated plumbing (2022), and a newer HVAC system , wiring was updated in 2004.These major upgrades allow you to enjoy the character of a historic Charleston home with the confidence of modern updates. The thoughtfully designed floor plan offers spacious front bedrooms, while the private rear bedroom with its own full bath creates the perfect owner's retreat, guest suite, or flex space. Additional updates and like-new flooring in the rear portion of the home enhance both comfort and functionality. Outdoor living is just as impressive. The fenced backyard is a private oasis featuring mature fruit trees, a workshop with electricity, and plenty of space to relax or entertain on Charleston's beautiful evenings. An oversized parking pad accommodating four or more vehicles is an exceptional feature rarely found on the Peninsula. Ideally located just minutes from downtown Charleston, this home offers convenient access to The Citadel, MUSC, College of Charleston, Hampton Park, shopping, dining, breweries, and some of Charleston's most beloved local destinations. Blending historic character, modern upgrades, NO HOA, and an unbeatable location, this Wagener Terrace residence is truly one you do not want to miss. Schedule your private showing today!

26 Alberta Avenue, Charleston