265 Coming Street Unit #B, Charleston, SC 29403

$1,612,500
4
BD
3
BA
1,612
SqFt

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List Price
$1,612,500
Status
Active
MLS#
26003406
Price Change
▲ $12,500 1778037783
Year Built
2024
Style
Traditional
Living Area
1,612
Bedrooms
4
Bathrooms
3
Full-baths
3
Subdivision
Elliotborough
Master Bedroom
Ceiling Fan(s)
Acres
0.11

Property Description

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.

Additional Information

Levels
3 Stories
Lot Description
High, Level
Interior Features
High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Formal Living, Living/Dining Combo
Construction
Wood Siding
Floors
Wood
Roof
Metal
Cooling
Central Air
Heating
Heat Pump
Foundation
Crawl Space
Parking
Off Street
Elementary School
Mitchell
Middle School
James Simons
High School
Burke

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Marjorie Corbin from Listing Office: Corbin & Co at EXP Realty.