$1,625,000 ($1,008.06 per sqft)

Est. Mortgage $7,794/mo *

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265 Coming Street, #B, Charleston, SC, 29403

265 Coming Street, #B, Charleston, SC, 29403

4 beds

3 Full / 1 Half baths

2024

Traditional

1,612 sqft

Welcome to 265 Coming Street - Unit B, a rare, turnkey investment opportunity in the heart of Downtown Charleston featuring a newly built, architecturally refined luxury residence with long-term, secured income already in place.Unit B is fully leased from 2024 through May 2027 at $8,100 per month, delivering strong, stabilized cash flow with zero vacancy since construction. The lease includes built-in annual rent increases of $100 per bedroom, providing predictable income growth and long-term financial stability. The current tenant has committed to the full multi-year lease term, offering exceptional security rarely found in Downtown Charleston's rental market. Constructed in 2024 by Old City Builders, one of Charleston's most respected high-end historic builders, Unit B blends enduring craftsmanship with modern efficiency. Designed to complement the surrounding historic fabric, the home reflects a commitment to quality construction, longevity, and thoughtful architectural detail. The interior was curated by Studio Maman Interiors, whose refined, architectural approach elevates the space well beyond typical long-term rentals. Carefully selected finishes, a balanced material palette, and attention to scale create an elevated living experience more commonly associated with luxury primary residences. Situated on an X Flood Zone lot (no flood insurance required), Unit B is a three-story, single-family detached residence offering dedicated off-street parking, modern systems, and durable construction ideal for long-term tenancy. Zoned DR-2F, the property benefits from efficient land use and long-term flexibility. 265 Coming Street, Unit B represents a rare convergence of modern construction, secure income, architectural integrity, and design-forward execution. With a long-term lease in place through 2027, annual rent escalations, and a proven history of zero vacancy, Unit B offers an exceptional opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.


Status:

Active

Type:

Single-family residential

Subdivision:

Elliotborough

Community:

51 - Peninsula Charleston Inside of Crosstown

Heating:

Heat Pump

Cooling:

Central Air

Parking:

Off Street

Acreage:

0.11

Construction

Wood Siding

Utilities

Charleston Water Service, Dominion Energy

Lot Description:

High, Level

Elementary School:

Mitchell

Middle School:

James Simons

High School:

Burke

MLS #:

26003406


Community Info

School Info

Walk Score

Yelp

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Listing courtesy of EXP REALTY LLC