35 Cannon Street, Charleston, SC 29403

$3,195,000
Property Type: MultiFamily Square Footage: 3,262 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $3,195,000 List Date: 10/22/2026 Last Modified: 10/27/2026

Overview

Description

Welcome to 35 & 35 ½ Cannon Street, a rare, turnkey three-unit short-term rental investment opportunity in Charleston's highly desirable Cannonborough-Elliotborough neighborhood, just two blocks from King Street. Projected to generate $313,000 in stabilized gross rental revenue in 2027, this fully furnished, professionally managed property offers investors an established income-producing asset in one of Downtown Charleston's most sought-after locations. Two separate buildings on one parcel. The property features two 2-bedroom, 2.5-bath residences of approximately 1,049 SF each, both with private piazzas, along with a detached two-story, 3-bedroom, 2.5-bath single-family residence of approximately 1,164 SF featuring front and upper porches. Together, the three units offer approximately

Supplements: 3,262 heated SF, 7 bedrooms, and five on-site parking spaces--a rare amenity in Downtown Charleston. Front house driveway has 3 tandem, back house has 2 spaces on left side. All three units are actively licensed short-term rentals with transferable STR permits, allowing for non-owner-occupied rental operations. Extensively renovated in 2023, impro ...

Listing Details MLS# 26028901

Location, Tax & Legal

Tax Map #
4601201053
Street #
35
Street Name
Cannon
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29403
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
63 - City of Charleston
Subdivision
Downtown
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke
Directions
on the right side between St phillip and Coming street when heading towards King st.

Contract Info

MLS List Date
2026-10-22
Total List Price/SqFt
979.46

General Property Info

Number of Units
3
# Stories
2
Total Apx SqFt
3262
Year Built
1880
Acreage
0.09
Potential Short Sale
No
Other Structures Y/N
No

Unit 1

SqFt
1049

Unit 2

SqFt
1049

Unit 3

SqFt
1164

More Information

Property Features

SqFt Source: Hired Measurement Roof: Architectural; Metal Exterior: Wood Siding Foundation: Crawl Space Driveway: Concrete; Other (Use Remarks) Architectural Style: Single Family Detached; Triplex Cooling: Central Air; Ductless; Heat Pump; Wall Unit(s) Heat: Ductless; Heat Pump; Wall Unit(s) Sale Includes: All Furniture Proposed Financing: Any; Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
IDX
Listing Office: King and Society Real Estate
Last Updated: October - 27 - 2026
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