265 Coming Street, Charleston, SC 29403 (MLS# 25032458)

265 Coming Street, Charleston, SC 29403

$3,250,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 3,300 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $3,250,000 List Date: 12/15/2025 Last Modified: 12/17/2025

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.

Supplements: 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.

More Information MLS# 25032458

Contract Info

Primary Structure List Price/SqFt: 984.85 Sub-Type: Single Family Detached MLS List Date: 2025-12-15 Status: Active List Price: $3,250,000 Current Price: $3,250,000

Location, Tax & Legal

Legal Description: 4600801199 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.

General Property Info

Primary Bedroom – Main Level: No Stories: 3 Potential Short Sale: No Other Structures Y/N: Yes Bedrooms: 8 Baths - Full: 6 Baths - Half: 2 Baths - Total: 7 Primary Structure Apx SqFt: 3300 Year Built: 2023 Acreage: 0.11

Office/Member Info

Seller Concessions Negotiable Y/N: No

SqFt Source

Builder/Owner: 1

Roof

Metal: 1

Lot Description

High: 1 Level: 1

Misc Exterior

Porch - Full Front: 1

Exterior

Wood Siding: 1

SF Detached Style

Traditional: 1

Foundation

Crawl Space: 1

Garage/Parking

Off-Street Parking: 1

Stories/Levels

3 Stories: 1

Equipment/Appliances

Ceiling Fan: 1 Dishwasher: 1 Gas Range: 1 Refrigerator: 1 Stacked Washer/Dryer: 1

Cooling

Central Air: 1

Heat

Heat Pump: 1

Rooms

Eat-In-Kitchen: 1 Formal Living: 1 Living/Dining Combo: 1

Assumable

No: 1

Primary Bedroom

Ceiling Fan: 1 Two Primary Bedrooms: 1

Proposed Financing

Cash: 1 Conventional Loan: 1 FHA Loan: 1 VA Loan: 1

Misc Interior

Ceilings - 9'+: 1 Kitchen Island: 1 Window Treatments - Some: 1

New Owned

Pre-Owned: 1

Floors

Wood: 1

Possession

At Closing: 1

Showing Instructions

Contact Listing Agent: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 Dominion Energy: 1

Other Structure

Other Structure Type: Guest House Other Structure Beds: 4 Other Structure Full Baths: 3 Other Structure Half Baths: 1 Other Structure Apx SqFt: 1612

Property Features

SqFt Source: Builder/Owner SF Detached Style: Traditional Lot Description: High; Level Misc Exterior: Porch - Full Front Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Misc Interior: Ceilings - 9'+; Kitchen Island; Window Treatments - Some New Owned: Pre-Owned Rooms: Eat-In-Kitchen; Formal Living; Living/Dining Combo Primary Bedroom: Ceiling Fan; Two Primary Bedrooms Cooling: Central Air Floors: Wood Heat: Heat Pump Possession: At Closing Showing Instructions: Contact Listing Agent Utility Suppliers: Charleston Water Service; Dominion Energy Proposed Financing: Cash; Conventional Loan; FHA Loan; VA Loan Assumable: No
Listing Office: EXP Realty LLC
IDX
Last Updated: December - 17 - 2025
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