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$1,175,000
4 Beds ⋅ 3.5 Baths ⋅ 26022452 MLS ⋅ Eastside SubDv. ⋅ Active Status
Experience the pinnacle of Historic Downtown Charleston living in this meticulously renovated, classic Charleston Single house. Located just steps from the highly anticipated Union Pier redevelopment, this 4-bedroom, 3-bathroom masterpiece seamlessly blends timeless southern charm with high-end modern luxury. The light-filled interior boasts beautifully restored historic details and a premium chef's kitchen perfect for entertaining. Enjoy morning coffee or evening breezes on the iconic dual covered piazzas. A standout feature of this property is the flexible ground-floor or rear room featuring its own exterior entrance--perfectly suited as a private home office, guest quarters, or an income-producing separate rental unit, with off-street parking and a rear courtyard.Walk to world-class dining, shopping, and the waterfront from this unbeatable downtown location. Situated in a rapidly appreciating pocket of the peninsula, you are a short walk from King Street, local parks, and the waterfront. Move-in ready luxury with built-in flexibility!

67 Drake Street, 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