265 Coming Street, Charleston, SC 29403
- 8 beds |
- 8 baths |
- 3,300 sqft
Single-Family Home
Built in 2023
4,792sqft lot
—— car garage
$985/sqft
Listed 11 days ago
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 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.
- Listing Status:
- Active
- Date Added:
- December 15, 2025 at 06:00AM
- Listing Office:
- EXP Realty LLC :
- MLS ID:
- 25032458

- General: YesGuest House
- Style: Traditional
- Parking: Off Street
- Roofing: Metal
- Windows: Window Treatments - Some
- General: Wood Siding3Crawl Space
- Originating MLS: CHS Regional MLS
- County: Charleston
- Utilities: Charleston Water ServiceDominion Energy
- Water: Public
- Sewer: Public Sewer
- Source: CHS Regional MLS
This listing courtesy of EXP Realty LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Julian Mitchell Elementary School
2 Perry St, Charleston, SC, 29403
Grades PK-5
0.16 miles away
Simmons-Pinckney Middle School
244 President St, Charleston, SC, 29403
Grades 6-8
0.44 miles away
Burke High School
244 President St, Charleston, SC, 29403
Grades 9-12
0.51 miles away
