265 Coming Street Unit A+B | Charleston | $3,250,000
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265 Coming Street Unit A+B
Charleston, SC 29403
$3,250,000
8
BEDS
3,312
SQ. FT.
265 Coming Street Unit A+BCharleston, SC 29403
For SALE
ACTIVE
$3,250,000
EST. 8,181.01/MO CALCULATE
8
BEDS
3,312
SQ. FT.
Property Description
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 income with 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 rentals setting 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.
Property Details
- MLS ID25032576
- Property TypeMulti Unit - Multiple
- Building Area Total3312
- CoolingCentral Air
- Days on Site78
- ExteriorWood Siding
- Garage2
- HeatingHeat Pump
- HeatingY/N1
- Home StyleDuplex, Single Family Detached
- LaundryGas Dryer Hookup, Washer Hookup
- Lot Dimensions0.11 acre(s)
- Lot Size0.11 Acres
- Other StructuresNo
- Parking Features2 Car, Other
- Roof TypeMetal
- Security FeaturesFire Sprinkler System, Security System
- SewerPublic Sewer
- Stories3.0
- Structure TypeDuplex, Single Family Detached
- Units2
- UtilitiesCharleston Water Service, Dominion Energy
- WaterPublic
- Year Built2024
- acres0.11
Listed By / Shown By
Listed By
Agency Name: EXP Realty LLC
Charleston Trident MLS
Shown By
Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016
Charleston Trident MLS
Web address QR Codes
265 Coming Street Unit A+B
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