111 Cannon Street, Charleston SC 29403 — photo 1 of 33
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$3,875,000

Active

111 Cannon Street, Charleston SC 29403

Charleston, SC 29403View on map

7 bedrooms7 bathrooms2811 sq ftResidential Income

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

95 days on market — longer time listed often means the seller is more open to negotiation.

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

Property typeResidential Income
Bedrooms7
Bathrooms7
Square footage2811 sq ft
StatusActive
MLS number26016384
CityCharleston
StateSC
Zip code29403

How buying works with Nestor

1

Get Nestor Certified

Complete identity verification to meet the requirements for requesting showings through Nestor.

2

Schedule your tour

Request showings through Nestor. NovaCasa coordinates the appointment and notifies you when it is confirmed.

3

Make your offer

Nestor helps you build a strong, competitive offer based on comps and market data.

4

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

7 bd7 ba2811 sqft

Potential Cost Advantage

$96,875

Est. 2.5–3% buyer-side savings vs. traditional agent. Flat $599 Nestor fee applies.

EQUAL
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.

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Equal Housing Opportunity. Nestor and Novacasa LLC are committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, national origin, religion, sex, familial status, disability, or any other protected class. All listings are provided without regard to protected characteristics.

Listing data provided by the Coastal Trident MLS (CTMLS) and the Charleston Trident Association of REALTORS® (CHSMLS) via Bridge Interactive. Information is deemed reliable but not guaranteed. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. NovaCasa Realty, LLC is an authorized IDX/VOW participant. All listing data is subject to CTMLS/CHSMLS copyright.

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