265 Coming Street, Charleston, SC 29403

$3,225,000

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,… Read More 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 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. Read Less

Courtesy of EXP Realty LLC Marjorie Corbin

Listing Snapshot - Source: Home Junction

Days Online

216

Last Updated

Jul 19, 2026

Property Type

Single Family Residence

Beds

Full Baths

Half Bath

Square Ft.

3,300

Lot Size

0.11 Acres

Year Built

2023

MLS Number

25032458

30 days Snapshot - Source: Home Junction

30 Days Snapshot Of 29403

$1.07M

+8%

(avg) sold price

-22%

homes sold

-13%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Built in 2023, 3 stories, Levels: 3 Stories, Architectural style: Traditional, Construction materials: Wood Siding, Other structures: "Yes", "Guest House"

Cooling

Central Air

Floors

Wood

Heating

Heat Pump

Interior Features

High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Formal Living, Living/Dining Combo

Lot

0.11 acres, 4,792 square feet, Area: 0.11, High, Level

Primary Bedroom

Ceiling Fan(s)

Parking

Off Street

Property

Patio and porch features: Porch - Full Front

Roof

Metal

Sewer

Public Sewer

Utilities

Charleston Water Service, Dominion Energy

Windows

Window Treatments - Some

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