Great investment buying opportunity in the heart of downtown Charleston. 266 & 266.5 Coming is only blocks away from the College of Charleston, MUSC, and the Charleston School of Law. Currently zoned DR-2F, zoning allows for 2 dwellings on the property. The front structure on the property is a Charleston single style home, which has been gutted and is back to the studs. The owner has conceptual plans for a 4 bedroom structure. The back dwelling has B.A.R approval to be demolished. Preliminary plans would suggest a subordinate 4 bedroom structure in the rear of the property. This would make 266 and 266.5 Coming Street a combined 8 bedrooms, pending BAR approval. There is ample off-street parking available on the property for 3+ cars. Given that surrounding rental properties charge between $750-850 a bedroom, the estimated gross rent for a fully developed 266/266.6 Coming Street is $6,400 a month and $76,800 yearly. Dont miss out on this opportunity!

Status: Active

Class: Multi-Family

Year Built: 1852

Area: Historic Charleston

Unit Info

Total Number Units: 2

Property Features

Exterior: Wood Siding

Amenity: Cable Avail, Trash Pickup, Bus Line

Location Info

County: Charleston

Area: Historic Charleston

Lat: 32.7939

Lon: -79.9445

Schools

School Elem: JAMES SIMO

School Middle: BURKE

School High: BURKE