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.
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Fullbaths: 3
Levels: 3 Stories
Window Features: Window Treatments - Some
Year Built: 2024
Floors: Wood
Misc Ext: Front Porch
Style: Traditional
Gar Pkg: Off Street
Interior Features: High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Formal Living, Living/Dining Combo
Lot Size: 0.11
Lot Desc: High, Level
Lot Size Units: Acres
Acres: 0.11
Lot Sqft: 4791.6
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 3
Foundation: Crawl Space
Exterior: Wood Siding
Roof: Metal
Property Subtype: No
Building Area Units: Square Feet
Home Warranty: No
Habitable Residence: No
Beds: 4
Primary Bedroom Features: Ceiling Fan(s)
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 1612
Unit: B
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Courtesy of listing office EXP Realty LLC