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$1,099,000
3 Beds 3.5 Baths 26024162 MLS Eastside SubDv. Active Status
3 Bedrooms | 3.5 Baths | 1,869 Sq. Ft. | 2-Car Garage | Downtown CharlestonA rare combination of space, parking, and versatility in Downtown Charleston's thriving Eastside community! Built in 2016, this attractive 3-bedroom, 3.5-bath home features three private bedroom ensuites, a spacious two-car garage, beautiful hardwood floors, and freshly painted interior and exterior.The elevated design provides a major downtown advantage with a large two-car garage offering off-street parking and additional storage. The bright main living level features an open living and dining area and a well-appointed kitchen with quartz countertops, shaker-style cabinetry, tile backsplash, stainless steel appliances, and bar seating.The flexible floor plan offers three bedrooms, each with its ownprivate bath, making it ideal for a primary residence, roommates, guests, or investment use. The second living floor has two bedrooms and two private baths. The entire third floor is dedicated to the primary suite with a walk-in closet, private bath, and outdoor porch access. Additional highlights include a metal roof, generous closet space, and newer construction. The home is currently furnished, and furnishings may potentially convey with an acceptable offer. With three private suites, two-car parking, and a convenient location in the thriving Eastside community, 83 Cooper Street offers an excellent opportunity for both owner-occupants and investors. Buy it furnished. Move right in!

83 Cooper Street, Charleston

$1,999,999
7 Beds 7 Baths 26021152 MLS Eastside SubDv. Active Status
BRING ALL OFFERS! X Flood Zone - No Flood Insurance Required! A rare opportunity to own two charming 2021 construction homes in pristine condition on one lot just blocks from King Street in the heart of downtown Charleston. 11 Hanover Street offers incredible flexibility for a College of Charleston parent, owner-occupant, or investor. Both buildings have been rented since June 1, 2022, with tenants currently in place through May 31, 2027 (Building A) and April 30, 2027 (Building B). Current ownership has never increased rents, which have remained at $1,500 per bedroom since 2022, generating $10,500 per month in rental income. With current market rents ranging from approximately $1,850-$2,100 per bedroom, a new owner has significant upside potential to increaseincome at lease expiration. Tenants are responsible for all utilities with the exception of Wi-Fi. The property is eligible for the STR CAT 2 Bed & Breakfast permit, allowing an owner to occupy one of the two buildings at the 4% owner-occupied tax rate while legally operating the other as a nightly short-term rental at the 6% tax rate. Projected gross revenue for owner-occupying Building B and short-term renting Building A is approximately $133,000 annually. The front home (A) features 4 bedrooms, 4 full bathrooms, and 2,084 square feet, while the rear home (B) offers 3 bedrooms, 3 full bathrooms, and 1,378 square feet. Both homes were completed in 2021 and have been meticulously maintained since construction. Properties have recently been landscaped and interiors painted. Additional highlights include metal roofs, tankless water heaters for endless hot water, raised slab foundations (no crawlspace maintenance or moisture concerns), a transferable termite bond through Elam's, PLENTY off-street parking, and the ability to apply for additional residential parking decals through the City of Charleston. Offering an unbeatable downtown location, rare X Flood Zone designation, modern construction, multiple investment strategies, and substantial income potential, 11 Hanover Street is truly a one-of-a-kind opportunity in downtown Charleston.

11 Hanover Street Unit #A,B, Charleston