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MLS ID: 25010029
For Sale - $975,000

About this property

Bedrooms 3
Baths 3
sq2 1181
Lot Size 0.0500 acres
Year Built 1880
DOM 64

Address

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

Features and Amenities

Cooling
Central Air
Floors
Wood
Style
Traditional, Carriage/Kitchen House, Cottage, Ranch
Interior Features
Walk-In Closet(s), Formal Living, Entrance Foyer, Great, In-Law Floorplan
Fireplace Features
Living Room
Lot Features
0 - .5 Acre
Other
Ceiling Fan(s)

Description

Renovated Downtown Charleston Home with Detached Guest Suite - Income Potential & Prime Location Near Union Pier! This beautifully updated historic home is located just three blocks from King Street in one of Charleston's fastest-growing and most dynamic neighborhoods. A fully renovated detached guest suite with its own private entrance and parking is currently generating over $1,500/month in short-term rental income, offering immediate cash flow for Airbnb or VRBO investors. Set in a flourishing area already buzzing with restaurants, cafes, parks, and nightlife, the property also sits just 0.09 miles from the future entrance to Union Pier, a transformational 65-acre waterfront redevelopment that will introduce world-class parks, retail, dining, and cultural spaces along Charleston's harbor front. Inside the main home, you'll find original hardwood floors, a shaded front porch, and a private courtyard; alongside recent upgrades including all-new appliances (2023/24), updated bathrooms and vanities with stone countertops, a Kingston brass kitchen faucet (2024), Rinnai tankless water heater, and a stainless undermount sink. All light fixtures, door hardware, and interior/exterior paint were refreshed in 2023/24. Electrical was updated in 2022, plumbing in 2023/24, and new fencing and under-house insulation were completed in 2023/24. Union Pier, now under contract with a long-term community-focused developer, will reshape the surrounding district into a walkable, accessible waterfront neighborhood with extensive green space, mixed-income housing, resilient infrastructure, and a vibrant public realm. This historic shiftcombined with nearby projects like the Lowcountry Lowline urban trailmakes this property an exceptionally smart buy for future passive income. Whether you're looking for a primary residence, second home, or an income-producing investment, this is a rare chance to own in the heart of Charleston just as the waterfront evolves into a new era of lifestyle, culture, and value.

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

Price Change history

  1. $1,100,000 $931/SqFt

  2. $975,000 $826/SqFt

Mortgage Calculator

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Interest Rate as of: Sat, Jun. 14, 2025
$ 975,000Home Price
$ 5,132Monthly payment
$ 780,000Amount Financed
$ 61,582Annual cost of Loan
$ 1,847,471Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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24 Hanover Street, Charleston, SC, 29403
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