265 Coming St Charleston, SC 29403
Cannonborough-Elliotborough NeighborhoodEstimated payment $20,695/month
Highlights
- Guest House
- Wood Flooring
- Front Porch
- Traditional Architecture
- High Ceiling
- 2-minute walk to Elliotborough Park and Community Garden
About This Home
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 2023
Lot Details
- 4,792 Sq Ft Lot
- Elevated Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Metal Roof
- Wood Siding
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- High Ceiling
- Ceiling Fan
- Window Treatments
- Wood Flooring
- Crawl Space
- Stacked Washer and Dryer
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 8 Bedrooms
Schools
- Mitchell Elementary School
- James Simons Middle School
- Burke High School
Utilities
- Central Air
- Heat Pump System
Additional Features
- Front Porch
- Guest House
Community Details
- Elliotborough Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | Price Changed | $3,225,000 | 0.0% | $977 / Sq Ft |
| 05/06/2026 05/06/26 | For Sale | $3,225,000 | -0.8% | $977 / Sq Ft |
| 05/05/2026 05/05/26 | Off Market | $3,250,000 | -- | -- |
| 03/12/2026 03/12/26 | For Sale | $3,250,000 | 0.0% | $985 / Sq Ft |
| 03/05/2026 03/05/26 | Off Market | $3,250,000 | -- | -- |
| 12/15/2025 12/15/25 | For Sale | $3,250,000 | -- | $985 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Rogers Christian L | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $1,800,000 | Cox Cipolla | |
| Deed | $1,800,000 | Cox Cipolla | |
| Deed | -- | None Available | |
| Deed Of Distribution | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,090,406 | Purchase Money Mortgage | |
| Closed | $0 | Purchase Money Mortgage |
Source: CHS Regional MLS
MLS Number: 25032458
APN: 460-08-01-199
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The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2026 Charleston Trident MLS. All Rights Reserved
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Ask me questions while you tour the home.