123 Cannon Street

Description

Welcome to this owner occupied, exceptional income-producing property! Nestled in the heart of historic Charleston, this charming Charleston Single family home dating back to 1852 presents a remarkable investment opportunity. Located in the sought-after Short Term Rental (STR) district and boasting full licensing and sprinkler system compliance (13D), this fully furnished gem is ready for immediate occupancy. Situated just two blocks away from the renowned MUSC and nestled in the highly desirable Cannonborough-Elliottborough neighborhood, this property offers convenient access to vintage stores, bakeries, and an array of popular restaurants. The allure of this 170-year-old historic home lies in its meticulous updates, seamlessly blending high-end finishes with the timeless charmof its original architecture. Prepare to be captivated by the grand double piazzas, striking jib windows, and the captivating original heart pine flooring. With 9-foot ceilings, eight gorgeous fireplaces, and exposed brick, this home exudes character at every turn. The tasteful fusion of local antiques and exquisite pieces from Restoration Hardware, Mitchell Gold + Bob Williams, and Crate & Barrel ensures a stylish and comfortable living experience. Each bed is adorned with brand new, luxuriously comfortable Helix mattresses, guaranteeing a restful night's sleep. Unit A, situated on the first floor, offers 413 square feet of living space. This king studio apartment features a kitchenette and a full private bath, all fully updated. With private access to the veranda through the accessible jib window, this unit preserves the original wood floors and antique fireplace, emanating timeless appeal. Currently utilized as a short-term rental, it presents a lucrative income stream. Located at the back of the first floor, Unit B spans 905 square feet. This stunning unit showcases an updated kitchen boasting new cabinets, stainless steel appliances, quartz countertops, and elegant black walnut open shelving. The two bedrooms are thoughtfully separated by an open and spacious living area. The full bathroom features custom tilework and a walk-in shower adorned with high-end fixtures. A laundry area with a folding table adds convenience to this unit. True to its historical roots, the heart pine wood floors and two fireplaces infuse the space with an authentic 1800s ambiance. Currently serving as a short-term rental, Unit B offers an additional source of income. Prepare to be wowed by Unit C, where traditional architecture harmonizes with a modern vibe. The gourmet kitchen boasts new white cabinets, stainless steel appliances, and stunning Sapele wood countertops. It seamlessly flows into the gorgeous great room, featuring a unique double-sided fireplace and four tall jib windows leading to the upstairs piazza. A separate sitting room or office with custom built-in shelves and another fabulous fireplace add to the allure. The master suite is open and bright, complete with a romantic fireplace, veranda access, a skylight, walk-in closet, full bathroom, and laundry facilities. The floor also includes a storage room, pantry, numerous coat closets, and a half bath. The third floor offers two additional bedrooms, a walk-in closet, and a full bathroom featuring a claw foot tub. As a delightful bonus, all the exquisite furniture, including the Turkish rugs, is included with the property. Rest assured, this home has been meticulously maintained. The HVAC systems have been recently upgraded, and the majority of the windows have been replaced. The chimneys have been expertly repointed, and the roof has been recently resealed. A comprehensive renovation in 2006 included new wiring, plumbing, insulation, and more, ensuring modern comfort without compromising the home's historic integrity. With ample parking for three cars at the rear of the property, including a convenient turning area, as well as three dedicated street parking spaces, convenience is at your doorstep. Most import