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.
Cannonborough-Elliottborough, located between King Street and the Crosstown (US-17), is a historic and walkable Charleston neighborhood with a tight street grid and a porch-lined streetscape. The neighborhood’s character concentrates around Spring Street and King Street, where coffee counters, small galleries, and late-night bites keep the sidewalks active. Rows of Charleston single houses mix with restored corner stores and newer infill, giving the blocks a layered, lived-in look. The daily rhythm runs from bakery mornings to patio evenings, with pocket parks and shaded stoops shaping the pace. Community pillars include Xiao Bao Biscuit, Sugar Bakeshop, and The Commodore.
Provided by Walk Score and Local Logic
Offer insights
265 Coming St Unit B · $1,612,500
$1.59M and above
75% chance or better to win
Why $1.59M+ is a strong offer
DAYS ON MARKET
217 days
The average home goes pending in 75 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
High ceilings
Kitchen island
Ceiling fan(s)
Eat-in kitchen
Formal living
Living/dining combo
Bedrooms
4 bedrooms
Master bedroom with ceiling fan
Bathrooms
3 bathrooms
Kitchen
Dishwasher
Gas range
Refrigerator
Laundry & utility
Stacked washer and dryer
Flooring
Wood
Heating & cooling
Heat pump heating
Central air conditioning
Exterior features
High, level lot
Home design
Single-family detached residence
3 stories
Parking
Off-street parking
Construction
Metal roof
Utilities
Public sewer
Charleston Water Service
Dominion Energy
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Charleston County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Feb 5, 2026.
DR-2F
OLD CITY HEIGHTS DISTRICT - 2.5-3
AR
OLD CITY DISTRICT
ST
Diverse Residential District
The DR districts allow multi-family residential (3 or more) dwellings and one-family attached dwellings as well as single- and two-family dwellings. Density limitations are 6.0, 9.0, 12.0, 19.4, 19.4, 26.4 and 26.4 units per acre respectively. Within the DR-1, DR-1F, DR-2, DR-2F districts, the Board of Zoning Appeals may approve as a special exception, fraternity houses, sorority houses, dormitories, and homes for the elderly.
Zone overlays
Amusement and Recreation Services Overlay Zone
Old City District
Short Term Rental Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Golf related
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Charleston, SC • 29403
Average low and high temperatures (°F)
56
38
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45
72
53
78
62
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91
78
85
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83
71
76
61
71
54
61
44
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Feb
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Jul
Aug
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Dec
Sun exposure
64/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 265 Coming St Unit B
$1,557,068
$55K under list price of $1.61M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $2.2M.