62 1/2 Cannon Street, Charleston, SC 29403

$1,850,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 3,450 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $2,390,000 List Date: 5/15/2024 Last Modified: 6/22/2024

Overview

Description

Excellent investment opportunity in legal STR district! Large duplex located in the heart of Charleston's highly sought-after Cannonbourgh Neighborhood, a short term rental (STR) overlay district, 62 ½ Cannon Street offers a perfect opportunity for investors or homeowners seeking an income producing property. Situated within walking distance of King Street shopping, neighborhood coffee shops, bars and restaurants, this 1880's multi-family home is ideal for enjoying the best that Charleston has to offer. In 2015, the home underwent a complete renovation with a legally permitted 1100 square foot addition bringing the total to 3450 square feet. It contains six bedrooms, six full bathrooms, four full gas range kitchens with full size refrigerators, and 3 washer/dryer hookups.

Supplements: Custom cabinetry and decorative elements are crafted from salvage material from the renovation, making for a one-of-a-kind look throughout all parts of the building. The front part is the larger historic section of the house featuring exposed brick chimneys, high ceilings and original heart pine floors. On the lower level you can enjoy a wide f ...

Listing Details MLS# 24012317

Location, Tax & Legal

Tax Map #
4600803037
Street #
62 1/2
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
Mitchell
Middle School
Simmons Pinckney
High School
Burke
Directions
King Street to right on Cannon home is on the right Rutledge to left on Cannon home on left
Legal Description
62 CANNON

Contract Info

Sub-Type
Single Family Detached
MLS List Date
2024-05-15
Primary Structure List Price/SqFt
692.75

General Property Info

Primary Bedroom – Main Level
Yes
Baths - Full
6
Baths - Total
6
Stories
2
Primary Structure Apx SqFt
3450
Ownership
Fee Simple
Year Built
1885
Acreage
0.1
Other Structures Y/N
No
Potential Short Sale
No
C/R
No
Lease Purchase
No
HOA Fee
No

Status Change Info

Sold Date
2024-06-21
Sold Price/SqFt
536.23
New Mortgage Type
Cash

Tax/Fees

Special Assessment
No
Taxes
10624

SqFt Source

Tax Records
Yes

More Information

Lot Description

Level
Yes

SF Detached Style

Charleston Single
Yes

Exterior

Wood Siding
Yes

Foundation

Raised Slab
Yes

Garage/Parking

Off-Street Parking
Yes

Misc Exterior

Balcony
Yes
Porch - Front Porch
Yes

Stories/Levels

2 Stories
Yes

Equipment/Appliances

Electric Dryer Hookup
Yes
Gas Range
Yes
Refrigerator
Yes
Washer Hookup
Yes

Cooling

Central Air
Yes

Heat

Heat Pump
Yes

Rooms

Living/Dining Combo
Yes
Loft
Yes

Assumable

No
Yes

Primary Bedroom

Downstairs
Yes

Proposed Financing

Any
Yes

Misc Interior

Ceiling - Smooth
Yes
Ceilings - 9'+
Yes

New Owned

Pre-Owned
Yes

Floors

Ceramic Tile
Yes
Wood
Yes

FP Desc/Location

Bedroom
Yes
Family Room
Yes
Living Room
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Tax Records SF Detached Style: Charleston Single Lot Description: Level Misc Exterior: Balcony; Porch - Front Porch Exterior: Wood Siding Foundation: Raised Slab Misc Interior: Ceiling - Smooth; Ceilings - 9'+ New Owned: Pre-Owned Rooms: Living/Dining Combo; Loft Primary Bedroom: Downstairs Cooling: Central Air Floors: Ceramic Tile; Wood Heat: Heat Pump Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy Proposed Financing: Any Assumable: No
Listing Office: Hayden Jennings Properties
IDX
Last Updated: June - 22 - 2024
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