127 Coming Street is a perfect combination of an idyllic location and outstanding value-add potential. Located steps away from the College of Charleston campus and the lively King Street retail corridor, this well-built asset exemplifies the allure of Downtown Charleston. And with dedicated on-site and off street parking for tenants, which is exceedingly rare in the current Peninsula space-squeeze, this 4-unit, 17 bedroom property is truly an unprecedented opportunity. The excellent location is even sweeter when combined with the unique opportunity to add value to the property. Approvals are currently in place to construct 3 more bedrooms, turning each unit into a 5 bedroom home. Also, there is an opportunity to generate income from the parking spaces that the tenants have access to. There is a pronounced need for parking space on the Peninsula, and with a safe and private lot of 8 dedicated spaces, the opportunity to capitalize is apparent.
Listing Date: 01-30-2023
Sold Date: 06-26-2017
Listing Sold: 
6 Year(s), 9 month(s), 29 day(s) ago
Asking Price: $2,600,000
Selling Price: $2,600,000
Price Difference:
Same as list price
Anchored: No
Year Built: 1977
Asking Price Type: Fixed Price
Parking Type: Surface
County: Charleston
Lot Acres Min: 0.170
Land Size: 0.17
Title: Downtown Multifamily
Second Property Subtype: Multi Family
Zoning: City of Charleston - DR-2 - D
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $2,600,000
Build To Suit: No
Property Use Type: Investment, Multi-Family
Class Type: Multi Family
Sold Date: 2017-06-26T00:00:00
Rentable Area: 6567
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Colliers International South Carolina Inc