Address
265 Coming Street, Charleston, SC
Price
$ 3,225,000
Property Attributes
  • MLS#25032458
  • TypeSingle Family
  • Listing Status Active
  • CountyCharleston
  • CityCharleston
  • Area51 - Peninsula Charleston Inside of Crosstown
  • NeighborhoodElliotborough
  • Zip29403
  • StyleTraditional
  • Year Built2023
  • Price$ 3,225,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms4
  • Sqr Footage6524
  • Lot Size0.11 Acres
Data Source:
Charleston Trident MLS (CTARMLS)
Property 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 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.

Elementary School Middle School High School
Mitchell Elementary School James Simons Middle School Burke High School
Price History
3/12/2026 Listed $3,250,000
5/6/2026 1$3,225,000

General Features

County Charleston
Property Type Residential
Subdivision Name Elliotborough
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 Blocks And 265 Coming Street Will Be On Your Right In The Heart Of Downtown Charleston.
High School Burke
City Charleston
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
Building Area Units Square Feet
Standard Status Active
Utilities Charleston Water Service,Dominion Energy
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Roof Metal
Construction Materials Wood Siding
Year Built 2023
New Construction false
Garage Y/N false
Other Structures Yes,Guest House
Patio/Porch Features Porch - Full Front
Architectural Style Traditional
Stories Count 3
Levels 3 Stories
Property Subtype Single Family Detached
Full Baths 12
Carport Y/N false
Property Attached Y/N false

Interior Features

Interior Amenities High Ceilings,Kitchen Island,Ceiling Fan(s),Eat-in Kitchen,Formal Living,Living/Dining Combo
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 12
Fireplace Y/N false
Half Baths 4
Room Type Eat-In-Kitchen,Formal Living,Living/Dining Combo
Primary Bedroom Features Ceiling Fan(s)
Flooring Wood
Window Features Window Treatments - Some

Exterior Features

Lot Size Area 0.11
Lot Size Acres 0.11
Lot Features High,Level
Parking Features Off Street
Water Source Public
Foundation Details Crawl Space
Building Area Total 6524

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 29403

Price
AVG $1.39M
$3.23M
Year Built
AVG 1939
2023

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