265 Coming Street # A+B
Charleston, SC, 29403 $ 3,250,000
Bedrooms8 Baths0.0 Sq 1,700 Monthly Estimate*
$ 20,276
for $3,250,000 with 8 bedrooms. This 1,700 square foot home was built in 2024 on a lot size of 0.11.
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.
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Multi-Family ActiveDuplex,Single Family Detached
FeaturesGeneralSewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Charleston Water Service Dominion Energy
Roof Metal
Garage Spaces 2
Security Features Fire Sprinkler System Security System
Construction Materials Wood Siding
Year Built 2024
Stories Count 3
Unit Number A+B
County Charleston
New Construction No
Property Type Residential Income
Subdivision Name Elliotborough
Garage Y/N No
Other Structures No
Status Active
Directions From I-26 Take Exit 221b Toward Meeting Street/visitors Center. Merge Onto Meeting Street And Continue For About A Mile. Turn Right Onto Line Street Then Left Onto Coming Street. Continue A Few Block
High School Burke
City Charleston
Entry Location Ground Level
Zoning Description Conforming
Number Of Units Total 2
MLS Area 51 - Peninsula Charleston Inside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 4791.6
Elementary School Mitchell
Middle/Junior High School James Simons
Structure Type Duplex Single Family Detached
Building Area Units Square Feet
Standard Status Active
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ExteriorParking Features 2 Car Other
Water Source Public
Total Parking 2
Lot Size Area 0.11
Foundation Details Crawl Space
Building Area Total 1700
Lot Size Acres 0.11
Covered Spaces 2
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InteriorAir Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Gas Dryer Hookup Washer Hookup
Total Bedrooms 8
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $20,276
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Charleston, SC
Average List Price $1,954,663
Percent of Sale Price 40%
About Charleston, SC 138,424 Population
35% Since 2002
$ 62,778 Median Income
36.13 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4141575 Elementary School
5292316 Middle School
Burke High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/17/2025 | $3,250,000 | | Listed Price |