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$849,900
4 Beds ⋅ 4 Baths ⋅ 26024782 MLS ⋅ Eastside SubDv. ⋅ Active Status
Welcome to 73 Hanover Street, a rare opportunity in Charleston's vibrant Eastside neighborhood -- one of the peninsula's most sought-after pockets for investors, parents of college students, and anyone craving downtown living with modern convenience.This 4-bedroom, 4-full-bath home is a proven income producer, offering the kind of turnkey rental performance that's hard to find on the peninsula. Built newer than the majority of homes in this historic corridor, it delivers the charm of downtown Charleston living without the maintenance headaches that come with older construction -- a huge win for owners who want reliable cash flow, not a constant repair list.It's also an ideal setup for families with a student at the College of Charleston: live in or reserve one bedroom for your child, arent out the remaining three to offset the mortgage, build equity, and give your student built-in roommates in a safe, well-located home.Head up to the private rooftop terrace and take in sweeping 360-degree views of the city, including a stunning sightline of the Ravenel Bridge -- a standout feature that sets this property apart from anything else in the neighborhood, and a serious draw for renters and guests alike. Location seals the deal. Just a short walk to the shops, restaurants, and nightlife of King Street, residents get the best of downtown Charleston at their doorstep -- morning coffee, dinner reservations, and weekend energy all within easy reach.Whether you're an investor chasing peninsula rental income or a parent looking to turn tuition into an asset, 73 Hanover Street offers a rare combination of location, low maintenance, and income potential in the heart of downtown Charleston.

73 Hanover Street, Charleston
$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