24 Hanover Street, Charleston, SC 29403

$950,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,181 Lot Size (sq. ft.): 2,178 Status: Active
Current Price: $950,000 List Date: 4/11/2025 Last Modified: 7/09/2025

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 harb

Supplements: or 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.

More Information MLS# 25010029

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2025-04-11 Status: Active List Price: $950,000 Current Price: $950,000

Location Tax Legal

Tax Map #: 4590902058 Street #: 24 Street Name: Hanover Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Eastside Elementary School: Sanders Clyde Middle School: Simmons Pinckney High School: Burke Directions: MEETING ST TO WOLFE ST LEFT ONTO HANOVER ST

General Property Info

Bedrooms: 3 Primary Bedroom – Main Level: Yes Baths - Full: 3 Baths - Total: 3 Stories: 1 Primary Structure Apx SqFt: 1181 Year Built: 1880 Acreage: 0.05 Other Structures Y/N: Yes Potential Short Sale: No HOA Fee: No Auction: No

Other Structure

Other Structure Type: Guest House Other Structure Beds: 1 Other Structure Full Baths: 1 Other Structure Apx SqFt: 120 Other Structure Notes: 1 bed, kitchen, and full bath

Property Features

SqFt Source: Hired Measurement SF Detached Style: Bungalow; Carriage/Kitchen House; Cottage; Live/Work; Ranch; Traditional Lot Description: 0 - .5 Acre Misc Exterior: Fence - Wooden Enclosed; Patio; Patio - Covered; Porch - Front Porch; Storage; Workshop Exterior: Vinyl Siding Attic Features: Access Foundation: Crawl Space Misc Interior: Walk-In Closets New Owned: Pre-Owned Rooms: Bonus; Formal Living; Foyer; Great; Mother-In-Law Suite; Office; Other (Use Remarks) Primary Bedroom: Ceiling Fan; Downstairs Cooling: Central Air Floors: Wood Possession: At Closing Proposed Financing: Any Assumable: No


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Listing Office: Three Real Estate LLC
Last Updated: July - 09 - 2025
24 Hanover Street, Charleston, SC 29403- MLS# 25010029
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24 Hanover Street, Charleston, SC 29403
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