11 Hanover Street A,B, Charleston, SC 29403 (MLS# 26021152)

11 Hanover Street A,B, Charleston, SC 29403

New Listing

$1,999,999

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Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 3,462 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $1,999,999 List Date: 7/24/2026 Last Modified: 7/24/2026

Overview

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

Supplements: income 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 g ... (Read more)

Listing Details MLS# 26021152

Location, Tax & Legal

Tax Map #: 4590902019
Street #: 11
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: James B Edwards
Middle School: Simmons Pinckney
High School: Burke
Directions: From 17 North or South, exit onto East Bay St, from East Bay turn right onto Reid and then right onto Hanover St. The home will be on your left.
Unit #: A,B
Legal Description: 11 Hanover

Contract Info

Sub-Type: Single Family Detached
MLS List Date: 2026-07-24
Primary Structure List Price/SqFt: 577.7

General Property Info

Primary Bedroom – Main Level: No
Baths - Full: 7
Baths - Total: 7
Stories: 3
Primary Structure Apx SqFt: 3462
Ownership: Fee Simple
Year Built: 2021
Acreage: 0.13
Other Structures Y/N: No
Potential Short Sale: No
C/R: No
Occupancy: Leased
Lease Purchase: Yes
HOA Fee: No

Office/Member Info

Seller Concessions Negotiable Y/N: No

SqFt Source

Appraisal: Yes

Roof

Metal: Yes

More Information

Lot Description

0 - .5 Acre: Yes

Misc Exterior

Deck: Yes
Fence - Partial: Yes
Thermal Windows/Doors: Yes

Exterior

Cement Plank: Yes

SF Detached Style

Charleston Single: Yes

Foundation

Raised Slab: Yes

Garage/Parking

Assigned Parking: Yes
Off-Street Parking: Yes

Stories/Levels

2 Stories: Yes
3 Stories: Yes

Equipment/Appliances

Ceiling Fan: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Security System: Yes
Washer: Yes

Cooling

Central Air: Yes

Heat

Central: Yes
Heat Pump: Yes

Rooms

Eat-In-Kitchen: Yes
Family: Yes
Laundry: Yes
Living/Dining Combo: Yes
Pantry: Yes

Amenities

Trash: Yes

Assumable

No: Yes

Primary Bedroom

Ceiling Fan: Yes
Upstairs: Yes
Walk-In Closets: Yes

Proposed Financing

Any: Yes

Misc Interior

Ceiling - Cathedral/Vaulted: Yes
Ceiling - Smooth: Yes
Ceilings - 9'+: Yes
Garden Tub/Shower: Yes
Kitchen Island: Yes
Walk-In Closets: Yes

New Owned

Pre-Owned: Yes

Floors

Ceramic Tile: Yes
Luxury Vinyl Plank: Yes

Possession

At Closing: Yes

Special

Termite Bond: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Utility Suppliers

Charleston Water Service: Yes
Dominion Energy: Yes

Green Features

Tankless Water Heater: Yes

Property Features

SqFt Source: Appraisal SF Detached Style: Charleston Single Lot Description: 0 - .5 Acre Misc Exterior: Deck; Fence - Partial; Thermal Windows/Doors Roof: Metal Exterior: Cement Plank Foundation: Raised Slab Misc Interior: Ceiling - Cathedral/Vaulted; Ceiling - Smooth; Ceilings - 9'+; Garden Tub/Shower; Kitchen Island; Walk-In Closets New Owned: Pre-Owned Rooms: Eat-In-Kitchen; Family; Laundry; Living/Dining Combo; Pantry Primary Bedroom: Ceiling Fan; Upstairs; Walk-In Closets Cooling: Central Air Floors: Ceramic Tile; Luxury Vinyl Plank Heat: Central; Heat Pump Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy Special: Termite Bond Amenities: Trash Proposed Financing: Any Assumable: No Green Features: Tankless Water Heater

Listing Office: The Boulevard Company

Last Updated: July - 24 - 2026

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