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265 Coming Street A+B, Charleston, SC 29403
Overview
Description
Supplements: … (Read more) 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.
Listing Details MLS# 25032576
Location, Tax & Legal
- Tax Map #
- 4600801199
- Street #
- 265
- Street Name
- Coming
- Street Suffix
- Street
- County
- Charleston
- State
- SC
- Zip Code
- 29403
- Area
- 51 – Peninsula Charleston Inside of Crosstown
- Tax District
- 63 – City of Charleston
- Subdivision
- Elliotborough
- Elementary School
- Mitchell
- Middle School
- James Simons
- High School
- Burke
- 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 blocks and 265 Coming Street will be on your right in the heart of downtown Charleston.
- Unit #
- A+B
- Legal Description
- 4600801199
Contract Info
- MLS List Date
- 2025-12-16
- Primary Structure List Price/SqFt
- 981.28
General Property Info
- Number of Units
- 2
- # Stories
- 3
- Ground Level
- Yes
- Primary Structure Apx SqFt
- 3312
- Year Built
- 2024
- Acreage
- 0.11
- Occupancy
- Leased
- Potential Short Sale
- No
- Other Structures Y/N
- No
Unit 1
- SqFt
- 1700
Unit 2
- SqFt
- 1612
Office/Member Info
- Seller Concessions Negotiable Y/N
- No
More Information
SqFt Source
- Builder/Owner
- Yes
Roof
- Metal
- Yes
Exterior
- Wood Siding
- Yes
Foundation
- Crawl Space
- Yes
Zoning
- Conforming
- Yes
Garage/Parking
- 2 Car
- Yes
- Other (Use Remarks)
- Yes
Driveway
- Concrete
- Yes
- Gravel
- Yes
Architectural Style
- Duplex
- Yes
- Single Family Detached
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Equipment/Appliances
- Built-In Gas Oven
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Fire Sprinkler
- Yes
- Gas Cooktop
- Yes
- Gas Dryer Hookup
- Yes
- Gas Range
- Yes
- Refrigerator
- Yes
- Security System
- Yes
- Stacked Washer/Dryer
- Yes
- Washer Hookup
- Yes
Cooling
- Central Air
- Yes
Heat
- Heat Pump
- Yes
Amenities
- Trash
- Yes
Sale Includes
- Building and Land
- Yes
- Some Furniture
- Yes
Proposed Financing
- Cash
- Yes
- Conventional Loan
- Yes
Possession
- Negotiable
- Yes
- Tenants Rights
- Yes
Water/Sewer
- Public Sewer
- Yes
- Public Water
- Yes
Utility Suppliers
- Charleston Water Service
- Yes
- Dominion Energy
- Yes
Property Features