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… Read More 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. Read Less
Courtesy of EXP Realty LLC Marjorie Corbin
Listing Snapshot
Days Online
33
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
3
Square Ft.
1,612
Lot Size
0.11 Acres
Year Built
2024
MLS Number
26003406
30 Days Snapshot Of 29403
$1.11M
-1%
(avg) sold price
15
-21%
homes sold
103
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2024, 3 stories, Levels: "3 Stories", Architectural style: "Traditional", Construction materials: "Wood Siding", Other structures: "No"
