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Listed price in listed location currency (USD).
$3,250,000

880

MLS® 25032458

  • Key Facts
  • Description
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes 
Days Active 1
Lot Size 0.11 acres
Approx. Age 2023
MLS® Number 25032458

Property Address: 265 Coming St, Charleston, SC, 29403-5404

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number25032458
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age2023
Basement
DrivewayOff Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$3,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
265 Coming St, Charleston, SC

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