MLS ID: 26021150
For Sale - $1,999,999

About this property

Bedrooms 7
sq2 3462
Lot Size 0.1300 acres
Year Built 2021
DOM 69

Address

Address:
11 Hanover Street
Subdivision:
Eastside
Zip Code:
29403
County:
Charleston
State:
SC

Features and Amenities

Cooling
Central Air
Heating
Heat Pump
Roof
Metal
Security Features
Security System
Interior Features
Ceiling Fan(s)
Utilities
Charleston Water Service, Dominion Energy
Other
Central

Description

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 increase incomeat 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.

Schools

Name Address Phone Type Grade
Burke High 244 President Street 8435794815 Public 9-12 SPED
Name Address Phone Type Grade
Charleston Charter School for Math and Science 1002 King Street 8437203085 Public 6-12 SPED
Name Address Phone Type Grade
Charleston Development Academy 233 Line Street 8437222689 Public PK-8 SPED
James Simons Montessori 741 King Street 8437247763 Public PK-8 SPED
Name Address Phone Type Grade
Charleston Progressive 382 Meeting Street 8437202967 Public PK-5 SPED
Mitchell Elementary 2 Perry Street 8437247261 Public PK-5 SPED
Sanders-Clyde Elementary 805 Morrison Drive 8437247783 Public PK-5 SPED
Name Address Phone Type Grade
Compass Collegiate Academy 34 Race Street 8434109765 Public K-3 SPED
Name Address Phone Type Grade
Simmons Pinckney Middle 244 President Street 8437247789 Public 6-8 SPED
Name Address Phone Type Grade
Ashley Hall School 172 Rutledge Avenue 843-722-4088 Private PreK-12
Name Address Phone Type Grade
Harvest Time International Academy 227 Huger Street 843-567-5911 Private K-12
subdivision
Active Listings
Avg DoM
Avg Price
air harbor , Charleston
3
356
$525,259
albemarle , Charleston
1
441
$586,979
alta vista , Charleston
1
119
$550,000
ansonborough , Charleston
27
359
$2,643,567
arbor trace , Charleston
1
7
$390,000
arboretum , Charleston
6
336
$309,365
archdale , Charleston
3
387
$448,743
ardmore , Charleston
6
340
$378,062
5
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$1,102,800
4
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$813,690
2
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$573,624
2
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$643,727
1
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$1,218,767
ashley house , Charleston
6
360
$310,300
ashley park , Charleston
6
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$385,844
4
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$478,956
2
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$480,000
4
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$240,121
ashleyville , Charleston
3
278
$436,636
3
270
$1,011,975
avondale , Charleston
7
344
$925,085
2
443
$897,875
1
168
$1,450,000
1
238
$705,170
bayfront , Charleston
7
329
$832,900
3
416
$704,784
1
513
$1,147,000
2
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$603,364
belle terre , Charleston
1
304
$2,932,250
1
525
$1,252,709
1
453
$358,664
3
475
$1,365,354
6
435
$2,711,454
2
166
$469,492
2
537
$325,280
bolton , Charleston
1
525
$387,967
13
353
$538,235
bowen island , Charleston
1
833
$2,009,500
briarcliff , Charleston
1
289
$470,750
4
243
$242,752
1
137
$899,990
bruno acres , Charleston
1
384
$382,500
1
250
$1,526,667
byrnes downs , Charleston
2
366
$865,401
3
321
$428,967
1
234
$1,625,000
5
415
$1,902,182
19
444
$1,878,110
5
319
$450,482
capri isles , Charleston
4
408
$1,058,980
carolina bay , Charleston
17
377
$603,412
7
245
$239,553
carver , Charleston
1
67
$325,000
castlewood , Charleston
2
389
$355,412
center park , Charleston
1
275
$1,155,000
centerville , Charleston
2
256
$557,177
central park , Charleston
8
221
$912,338
1
60
$325,000
3
365
$667,021
1
411
$687,000
1
320
$466,633
church creek , Charleston
3
368
$428,909
2
264
$808,998
1
276
$467,636
5
308
$1,305,139
clarks point , Charleston
2
284
$849,867
clarks sound , Charleston
1
555
$459,500
clearview , Charleston
5
278
$1,054,570
1
407
$1,667,374
8
395
$343,561
2
454
$734,680
1
21
$4,700,000
2
277
$2,048,500
crafts house , Charleston
1
465
$926,250
creek point , Charleston
1
391
$509,425
creekside , Charleston
3
209
$1,541,333
1
127
$635,000
crosscreek , Charleston
2
371
$639,062
15
117
$663,850
44
358
$1,862,338
1
397
$69,000
28
362
$3,925,005
8
339
$1,959,940
9
326
$425,322
3
56
$872,707
dellwood , Charleston
2
291
$721,792
dockside , Charleston
3
558
$271,188
2
373
$554,000
double oaks , Charleston
1
121
$420,000
1
415
$1,050,000
dovefield , Charleston
4
377
$219,393
downtown , Charleston
4
469
$1,106,991
3
389
$588,555
dupont , Charleston
1
411
$230,000
e f street , Charleston
2
241
$602,500
1
331
$658,625
5
333
$658,833
eastside , Charleston
20
387
$979,523
eastwood , Charleston
2
326
$1,357,636
3
293
$1,347,991
5
436
$1,388,781
1
509
$603,000
etiwan park , Charleston
1
250
$1,576,600
fairfield , Charleston
1
218
$2,115,000
1
34
$446,500
1
338
$502,980
farmington , Charleston
7
236
$600,361
4
84
$868,248
forest acres , Charleston
3
334
$503,782
forest lakes , Charleston
5
297
$548,322
1
365
$522,019
3
418
$1,119,608
1
218
$889,000
7
424
$1,849,000
2
316
$465,600
gadsdenboro , Charleston
4
384
$1,320,770
garden hill , Charleston
1
380
$1,033,000
geddes hall , Charleston
1
431
$601,806
general lee , Charleston
1
645
$444,333
1
320
$1,194,408
goat island , Charleston
1
481
$239,000
9
374
$663,696
grand bees , Charleston
8
382
$528,339
32
361
$450,294
3
69
$433,500
2
342
$470,833
grants court , Charleston
1
263
$1,000,445
grantville , Charleston
1
273
$650,000
green acres , Charleston
2
495
$643,000
greencrest , Charleston
1
626
$532,500
3
339
$389,850
4
340
$1,900,874
harbor creek , Charleston
1
352
$708,360
harbor oaks , Charleston
2
275
$530,160
harbor place , Charleston
2
330
$652,829
harbor view , Charleston
1
184
$1,297,000
harborwalk , Charleston
1
200
$598,267
1
181
$1,210,000
2
309
$1,688,750
34
387
$2,216,634
1
350
$842,800
heathwood , Charleston
1
474
$593,562
1
480
$403,300
hemmingwood , Charleston
1
384
$421,490
2
326
$563,834
hunt club , Charleston
5
362
$633,426
4
334
$1,099,053
indigo point , Charleston
1
219
$1,258,333
island bluff , Charleston
1
341
$314,078
2
568
$1,200,000
james island , Charleston
5
380
$590,599
2
446
$556,471
2
266
$593,833
1
187
$1,753,750
kingsland , Charleston
2
178
$434,750
2
320
$728,980
landsdowne , Charleston
1
281
$513,200
lantana , Charleston
1
410
$446,483
laurel park , Charleston
5
362
$783,040
lawton bluff , Charleston
11
422
$759,699
lawton high , Charleston
2
63
$507,000
legares , Charleston
1
1,840
$1,093,500
lenevar , Charleston
3
306
$635,684
3
430
$800,561
1
360
$613,780
longbranch , Charleston
3
286
$475,280
lynwood , Charleston
3
334
$574,378
4
270
$863,111
magnolia , Charleston
2
291
$615,530
1
397
$561,500
2
331
$491,260
marsh cove , Charleston
1
452
$480,154
marsh oaks , Charleston
3
126
$647,225
maryville , Charleston
5
333
$488,856
4
378
$577,644
melrose , Charleston
4
365
$533,969
11
301
$171,649
1
337
$501,412
mepkin place , Charleston
2
442
$200,892
3
393
$404,625
1
353
$452,500
mill creek , Charleston
1
210
$302,000
mira vista , Charleston
6
352
$380,544
moreland , Charleston
2
380
$1,008,869
1
413
$1,122,125
myrtle grove , Charleston
1
445
$465,733
12
396
$890,348
1
63
$615,000
1
381
$760,000
1
309
$946,750
1
301
$1,212,500
oak bend , Charleston
8
146
$1,086,676
oak bluff , Charleston
5
577
$717,075
oak forest , Charleston
1
257
$522,966
oak island , Charleston
1
410
$1,350,500
1
487
$314,000
oakcrest , Charleston
2
438
$622,193
2
384
$741,940
2
382
$596,938
1
332
$3,109,889
orange grove , Charleston
2
582
$547,000
6
421
$508,527
3
342
$337,322
1
538
$996,114
1
237
$329,500
park circle , Charleston
1
304
$479,995
park place , Charleston
2
384
$463,544
parkdale , Charleston
2
275
$538,975
1
262
$597,500
parkshore , Charleston
1
547
$782,917
parkside hpr , Charleston
1
358
$508,373
2
333
$684,719
1
456
$251,320
patriot park , Charleston
1
180
$286,800
pecan grove , Charleston
2
364
$501,125
pelican cove , Charleston
1
359
$303,475
3
390
$405,344
peninsula , Charleston
1
440
$308,780
1
8
$599,000
1
362
$261,017
pier view , Charleston
2
352
$656,661
pierpont , Charleston
7
408
$610,844
pinecrest , Charleston
1
14
$429,500
2
331
$477,408
pinefield , Charleston
1
470
$6,963,267
point hope , Charleston
24
366
$920,343
point james , Charleston
1
404
$261,832
ponderosa , Charleston
2
385
$352,620
1
373
$570,091
quail hollow , Charleston
1
334
$287,450
quail run , Charleston
1
407
$674,580
1
301
$599,138
2
365
$301,586
12
355
$1,596,540
3
399
$313,390
rice hollow , Charleston
2
158
$609,725
ricefield , Charleston
2
208
$269,383
ripley cove , Charleston
2
133
$2,050,000
1
196
$1,420,000
riverfront , Charleston
6
320
$635,208
14
345
$1,518,800
rivers bend , Charleston
3
348
$226,780
rivers point , Charleston
3
292
$664,465
3
387
$316,310
riverview , Charleston
1
432
$811,633
1
472
$418,000
rosemont , Charleston
3
315
$194,917
3
343
$633,413
1
561
$587,333
sandhurst , Charleston
3
273
$769,995
1
442
$844,450
2
463
$637,042
seagate , Charleston
4
313
$301,067
1
501
$332,914
7
370
$858,926
2
521
$814,000
shadowmoss , Charleston
20
373
$535,919
2
52
$220,000
4
331
$387,373
sol legare , Charleston
7
197
$332,684
38
358
$4,000,194
2
430
$581,571
3
389
$1,727,930
springfield , Charleston
9
386
$403,086
2
331
$1,007,100
1
410
$948,692
stiles point , Charleston
2
368
$848,845
stone creek , Charleston
1
430
$664,969
stone edge , Charleston
1
315
$703,475
stono park , Charleston
3
382
$689,142
stono shores , Charleston
5
350
$789,220
2
384
$636,250
sunday hill , Charleston
1
398
$587,000
sylcope , Charleston
2
400
$511,414
3
362
$902,686
teal acres , Charleston
1
347
$479,500
terrabrook , Charleston
1
453
$845,211
12
443
$577,194
the bristol , Charleston
2
376
$972,500
8
325
$291,577
3
238
$1,048,333
the crescent , Charleston
2
457
$3,738,685
8
404
$168,345
5
347
$595,550
5
290
$2,442,915
7
428
$462,696
10
379
$261,369
5
306
$572,972
8
289
$402,533
1
166
$632,500
7
394
$412,811
the savannah , Charleston
1
301
$188,460
3
579
$1,412,922
1
193
$399,900
tidal view , Charleston
1
233
$976,667
20
551
$484,838
4
385
$491,359
19
375
$1,148,854
wando point , Charleston
1
292
$887,500
6
532
$1,487,495
1
281
$1,056,000
1
591
$776,667
1
482
$844,322
2
425
$408,982
2
270
$423,308
3
386
$1,255,889
12
305
$565,864
3
390
$622,404
1
289
$581,128
west point , Charleston
1
443
$277,167
westborough , Charleston
2
343
$479,631
westchester , Charleston
3
358
$486,650
westside , Charleston
22
381
$996,152
4
353
$734,248
2
401
$648,891
2
288
$264,800
willow walk , Charleston
3
332
$494,995
windermere , Charleston
3
399
$1,129,637
windsor hill , Charleston
2
311
$325,113
woodhaven , Charleston
4
294
$734,650
6
358
$1,006,206
woodlands , Charleston
4
440
$462,100
wraggborough , Charleston
6
295
$2,004,288
1
463
$775,714
6
367
$414,275

Mortgage Calculator

$
$
%
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Interest Rate as of: Thu, Oct. 01, 2026
$1,999,999Home Price
$1,999,999Monthly payment
$1,999,999Amount Financed
$1,999,999Annual cost of Loan

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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©2026 CTMLS, GGMLS, CCMLS & CMLS

The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

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11 Hanover Street, Charleston, SC, 29403