106 Cannon Street A & B, Charleston, SC 29403

$2,400,000
Property Type: MultiFamily Square Footage: 2,904 Lot Size (sq. ft.): 3,920 Status: Closed
Current Price: $2,450,000 List Date: 1/21/2022 Last Modified: 6/10/2024

Overview

Description

106 Cannon is a fully operating legal short term rental in Downtown Charleston. This property features 2 units (Units A&B). Unit A is a 3 bedroom, 2.5 bath unit. Unit B is a 3 bedroom, 4 bath unit. This property has 4 off-street parking spaces. All furniture to convey.

Listing Details MLS# 22001590

Location, Tax & Legal

Tax Map #
4601102154
Street #
106
Street Name
Cannon
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29403
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
71 - City of Charleston
Subdivision
Cannonborough-Elliotborough
Elementary School
James Simons
Middle School
Simmons Pinckney
High School
Burke
Unit #
A & B
Legal Description
Unit A Tax ID: 4601102154 Unit B Tax ID: 4601102155

Contract Info

MLS List Date
2022-01-21
Primary Structure List Price/SqFt
843.66

General Property Info

Number of Units
2
# Stories
2
Primary Structure Apx SqFt
2904
Year Built
1890
Acreage
0.09
Potential Short Sale
No

Income Expenses Fees

Net Income
153240.93

Status Change Info

Sold Date
2022-04-25
Sold Price/SqFt
826.45
New Mortgage Type
Cash

Unit 1

SqFt
1293

More Information

Unit 2

SqFt
1611

Income, Expenses & Fees

Gross Income
241580.79

SqFt Source

Appraisal
Yes
Tax Records
Yes

Roof

Metal
Yes

Exterior

Wood Siding
Yes

Foundation

Crawl Space
Yes

Garage/Parking

Other (Use Remarks)
Yes

Driveway

Gravel
Yes

Architectural Style

Duplex
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Stacked Washer/Dryer
Yes
Washer
Yes

Cooling

Central Air
Yes

Sale Includes

All Furniture
Yes

Proposed Financing

Cash
Yes
Conventional Loan
Yes

Possession

At Closing
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Appraisal; Tax Records Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Gravel Architectural Style: Duplex Cooling: Central Air Sale Includes: All Furniture Proposed Financing: Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: Agent Group Realty
IDX
Last Updated: June - 10 - 2024
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