Balanced paletteDedicated off-street parkingFour off-street parking spacesAttention to scaleEnduring craftsmanshipModern efficiencyEach rising three stories
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 rentals setting 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.
248 days
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223
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Zillow last checked:
Listing updated:
Listed by:
Corbin & Co at EXP Realty
Source: CTMLS,MLS#: 25032576
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 7
Heating
Heat Pump
Cooling
Central Air
Appliances
Laundry: Gas Dryer Hookup, Washer Hookup
Interior area
Total structure area: 1,700
Total interior livable area: 1,700 sqft
Property
Parking
Total spaces: 2
Parking features: 2 Car, Other
Garage spaces: 2
Features
Stories: 3
Entry location: Ground Level
Lot
Size: 4,791 Square Feet
Details
Zoning description: Conforming
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Wood Siding
Foundation: Crawl Space
Roof: Metal
Condition
New construction: No
Year built: 2024
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Charleston Water Service, Dominion Energy