265 Coming Street, Charleston, SC 29403

$3,250,000

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 incomewith… Read More 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

Last Updated

Dec 19, 2025

Property Type

Residential Income

Beds

Square Ft.

1,700

Lot Size

0.11 Acres

Year Built

2024

MLS Number

25032576

30 days Snapshot - Source: Home Junction

30 Days Snapshot Of 29403

$1.23M

+6%

(avg) sold price

+50%

homes sold

-16%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Built in 2024, 3 stories, Construction materials: "Wood Siding", Other structures: "No"

Cooling

"Central Air"

Garage

2 spaces

Heating

"Heat Pump"

Laundry

"Gas Dryer Hookup", "Washer Hookup"

Lot

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

Parking

2 covered spaces, 2 total parkings, "2 Car", "Other"

Roof

"Metal"

Security Features

"Fire Sprinkler System", "Security System"

Sewer

"Public Sewer"

Utilities

"Charleston Water Service", "Dominion Energy"

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