1 / 33 photos
1 / 33 photos



$3,875,000
Active111 Cannon Street, Charleston SC 29403
Charleston, SC 29403View on map
Est. $20,604/mo with 20% down at 6.99%
MLS #26016384
Potential Cost Advantage with Nestor
$96,875
Based on $3,875,000 and a typical 2.5%–3.0% buyer-side compensation. Actual savings vary.
No buyer agent commission requested
You pay a flat $599 fee to Nestor when your offer is accepted — that's it.
★ Why Nestor flags this home
Quick facts
About this home
Stunning, turnkey short-term rental opportunity in the heart of downtown Charleston. This exceptional two-unit property features a total of 7 bedrooms and 7 bathrooms, including a 4 bed / 4 bath Unit A and a 3 bed / 3 bath Unit B, offering immediate income potential ($375k+) with professional management already in place and a proven track record of consistent 5-star guest reviews. Originally a historic residence, the property has been completely renovated by a premier general contractor and interior design team, blending classic Charleston character with modern functionality. Each unit is professionally furnished and thoughtfully appointed, and the sale includes all appliances, fixtures, and furnishings providing a seamless, turnkey investment.The outdoor living experience sets this property apart, featuring a private backyard retreat with spa, built-in grill, expansive lounge deck, and large outdoor dining area. Blue stone patios and brick walkways are complemented by custom landscaping and iron gates, creating one of the most distinctive and upscale outdoor environments in the city. Projected 2026 revenue is estimated at $367,000, with over $200,000 already booked, underscoring the property's strong performance and demand. Additional financials and expense details are available upon request. Ideally located within walking and biking distance to MUSC, as well as the vibrant shops, restaurants, and nightlife of Cannonborough-Elliotborough and Upper King Street, this offering presents a rare opportunity to acquire a high-performing, fully permitted short-term rental asset in one of Charleston's most sought-after neighborhoods.
Property details
How buying works with Nestor
Get Nestor Certified
Complete identity verification to meet the requirements for requesting showings through Nestor.
Schedule your tour
Request showings through Nestor. NovaCasa coordinates the appointment and notifies you when it is confirmed.
Make your offer
Nestor helps you build a strong, competitive offer based on comps and market data.
Nestor tracks to closing
We manage deadlines, inspections, and keep you on track to close.
Listing information deemed reliable but not guaranteed. © 2026 Nestor. All rights reserved.
$3,875,000
111 Cannon Street, Charleston SC 29403
Charleston, SC 29403
Potential Cost Advantage
$96,875
Est. 2.5–3% buyer-side savings vs. traditional agent. Flat $599 Nestor fee applies.
HOUSING
OPPTY
Equal Housing Opportunity. All real estate listings are provided without regard to race, color, national origin, religion, sex, familial status, disability, or any other protected class. Listing data is deemed reliable but not guaranteed. Nestor and Novacasa LLC are committed to full compliance with all applicable fair housing laws. MLS data is provided for informational purposes only and does not constitute an offer or solicitation.