$1,612,500

About This Property

Welcome to 265 Coming Street - Unit A, 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 A is fully leased from 2024 through May 2027 at $7,600 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 A 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 A 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 A 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 A offers an exceptional opportunity for investors seeking a stabilized, low-maintenance asset in one of Charleston's most desirable urban corridors.

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