265 Coming Street, Charleston, SC 29403
Local realty services provided by:ERA Greater North Properties
265 Coming Street,Charleston, SC 29403
$3,225,000
- 12 Beds
- 16 Baths
- 6,524 sq. ft.
- Single family
- Active
Listed by: marjorie corbin
Office: corbin & co at exp realty
MLS#:25032458
Source:MI_NGLRMLS
Price summary
- Price:$3,225,000
- Price per sq. ft.:$494.33
About this home
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 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....
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Home facts
- Year built:2023
- Subdivision & Development:Elliotborough
- Listing ID #:25032458
- Updated:August 13, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:16
- Full bathrooms:12
- Half bathrooms:4
- Flooring:Wood
- Living area:6,524 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump
- Central air:Yes
Structure and exterior
- Year built:2023
- Building area:6,524 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level
Schools
- High school:Burke
- Middle school:James Simons
- Elementary school:Mitchell
Finances and disclosures
- Price:$3,225,000
- Price per sq. ft.:$494.33
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