23 Cannon St Charleston 29403 MLS 23020724

$2,125,000

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Home Description: 23 Cannon St

FULLY LICENSED STR UNDER CONSTRUCTION WITH SEPTEMBER COMPLETION! Traditional Charleston meets modern design is what you will find in this newly refined property by Cozy Development. Renewed to the highest quality, this property has undergone a major renovation that boasts luxury finishes in this single family dwelling. IDEAL LOCATION Appointed within the short-term rental district; you'll be located within one quintessential neighborhoods of Charleston with the conveniences that are highly sought after with the possibility of operating as a licensed, unencumbered short term rental. If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter ofnightlife in Charleston.You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. PROPERTY WILL BE FULLY RENOVATED, FURNISHED, TURNKEY The property features two bedrooms downstairs and three bedrooms upstairs with three full bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded stainless steel appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit included a zero degree walk in tiled shower with an illuminated shower niche, and wood floors throughout. Outside you'll enjoy two piazzas, perfect for a picturesque Charleston evening. The stone paver patio and driveway is another eye catching feature that just adds to the efficiency this home offers. This property is modern and virtually maintenance free! HIGH CASHFLOW PROPERTY Although the property was previously fully licensed and operating, comparable data suggests gross short term rental revenue could be up to $220,000 yearly with the property being freshly renovated and having an additional bedroom added. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. NO FLOOD INSURANCE REQUIRED This property is located in an X flood zone.