24 Hanover St, Charleston, SC 29403

Charming Downtown Charleston Home with Detached Guest Suite - Income Potential & Prime Location! This beautifully updated historic home is just three blocks from King Street, in one of Charleston's fastest-growing and most exciting neighborhoods. The main home features original hardwood floors, updated electrical and plumbing (2014), a shaded front porch, private courtyard, and rare off-street parking. Inside, the kitchen and bathrooms have been thoughtfully updated to blend modern comfort with classic charm offering stylish finishes, upgraded fixtures, and functional layouts that enhance everyday living. A fully renovated detached guest suite (with private entrance and parking) is currently generating $1,500/month in short-term rental income. It's the ideal setup for Airbnb or VRBO and offers immediate cash flow for buyers looking to invest. Surrounded by some of the city's highest-rated restaurants, cafes, and nightlife (all within 2-3 blocks) this location is already buzzing with energy and poised for even more growth. Just 0.09 miles away, the highly anticipated Union Pier redevelopment is underway. This transformative project, already under contract with a developer, will bring a world-class public park, new retail, waterfront access, and cultural attractions. The main park entrance will be directly behind Harris Teeter (just steps from this home) and is set to dramatically enhance the area's value and lifestyle. You're also minutes from the upcoming Lowcountry Lowline, a 1.7-mile urban trail and greenspace corridor, and within two blocks of three parks. The nearby waterfront, future riverwalk and redeveloped docks promise even more connectivity, beauty, and activity. This is more than just a charming Charleston home; it's a smart opportunity in a flourishing area with major upside. Whether you're looking for a primary residence with character, a second home, or a high-performing investment, now is the time to buy into one of Charleston's most exciting neighborhoods.