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265 Coming Street #A+B

Charleston, SC 29403
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Bed 8

Bed

Bath 0

Bath

SqFt3,312

Sqft

Acres0.11

Acre(Lot)

Welcome to 265 Coming Street, a rare, turnkey investment opportunity in the heart of Downtown Charleston, featuring two newly built, architecturally refined luxury residences with long-term, secured income already in place.Both homes are fully leased from 2024 through May 2027, generating $15,700 per month and $188,400 in annual gross incomewith zero vacancy since construction. Unit A is leased at $7,600 per month and Unit B at $8,100 per month, and each lease includes built-in annual rent increases of $100 per bedroom. This escalated structure results in projected income of $16,500 per month and $198,000 annually for 2026, providing immediate cash flow with predictable growth. All tenants have renewed through the full multi-year lease period, offering exceptional income stability rarely found in Downtown Charleston. Constructed in 2024 by Old City Builders, one of Charleston's most respected high-end historic builders, the property blends enduring craftsmanship with modern efficiency. Designed to complement the surrounding historic fabric, both residences reflect a commitment to longevity, quality construction, and thoughtful architectural detail. Interior designer, Studio Maman Interiors, brings a refined, architectural sensibility to both homes. Her curated material selections, balanced palette, and attention to scale elevate the interiors to a level more commonly associated with primary residences or luxury short-term rentalssetting these homes apart within the student rental market. Situated on an X Flood Zone lot (no flood insurance required), the property consists of two separate single-family detached structures, each rising three stories and offering dedicated off-street parking. Zoned DR-2F, the site benefits from efficient land use, modern systems, and long-term flexibility. Together, the residences total over 3,300 square feet and include eight bedrooms, seven full bathrooms, two half bathrooms, and four off-street parking spaces. Each home offers a thoughtfully designed layout that balances open living areas with private bedroom suites, creating a highly functional and durable living environment well-suited for long-term tenancy. 265 Coming Street represents a rare convergence of secure income, modern construction, architectural integrity, and design-forward execution. With long-term leases already in place through 2027, annual rent escalations, and a proven history of zero vacancy, this property offers a compelling opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,225,000

AD Id : 71096439

MLS Id : 25032576

Beds : 8

Lot Size : 0.11 Acre

Living Area Size : 3,312

Year Built : 2024

Garage : 2

County : Charleston

Subdivision: Elliotborough

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Feature Features

  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Heating & Cooling

    Heating: Heat Pump Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2024 Construction Materials: Wood Siding Security System: Fire Sprinkler System, Security System
  • Exterior Features

    Foundation Details: Crawl Space

  • Lot Information

    Lot Size Area: 0.11 Lot Size Units: Acres Lot Square Feet: 4,792 Lot Acres: 0.11 Stories: 3 Main Square Feet: 0.11

    Property Information

    Property Type: Residential Income Structure Type: Duplex, Single Family Detached Subdivision: Elliotborough

  • Parking Information

    # of Garage Spaces: 2 Parking Total: 2 2 Car, Other

  • Elementary School: Mitchell
    Junior High School: James Simons
    Senior High School: Burke
  • Utility Information

    Charleston Water Service, Dominion Energy
  • Location Information

    Direction: From I-26, Take Exit 221b Toward Meeting Street/visitors Center. Merge Onto Meeting Street And Continue For About A Mile. Turn Right Onto Line Street, Then Left Onto Coming Street. Continue A Few Blocks And 265 Coming Street Will Be On Your Right In The Heart Of Downtown Charleston.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19 America Street #A AN.., Charleston, SC, 29403 $1,145,000 6 -- 2,000 2,000 SqFt
20 Amherst Street #APT B, Charleston, SC, 29403 $429,900 2 1 993 993 SqFt
66 America Street #AB, Charleston, SC, 29403 $1,199,000 6 -- 2,800 2,800 SqFt
66 America Street #AB, Charleston, SC, 29403 $1,199,000 -- -- --
13 Iron Forge Alley, Charleston, SC, 29403 $909,900 3 3.5 1,806 1,806 SqFt
24 Iron Frg Alley, Charleston, SC, 29403 $899,900 3 3.5 1,600 1,600 SqFt
21 Line Street, Charleston, SC, 29403 $619,000 4 -- 1,252 1,252 SqFt
12 Sheppard Street, Charleston, SC, 29403 $699,999 6 -- 1,702 1,702 SqFt
77 Pitt Street, Charleston, SC, 29403 $2,700,000 10 -- 4,300 4,300 SqFt
66 Warren Street, Charleston, SC, 29403 $3,695,000 -- -- --

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ByOwner last updated this listing 06/23/2026 @ 05:23

MLS: 25032576 LISTED BY: Marjorie Corbin, EXP Realty LLC SOURCE: CHS Regional MLS

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