$1,200,000 | 9 beds | 5 full baths | N/A half baths | 4,622 sqft

$1,200,000
318 E Cooper Avenue
Folly Beach, SC 29439
  • 9Beds
  • 5Full Baths
  • N/AHalf Baths
  • 4,622SqFt
  • 1955Year Built
  • 0.24Acres
  • MLS# 21023134
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market2 months, 11 days
  • AreaFolly Beach
  • CountyCharleston
  • Subdivision None

Overview

Photos of interior in documents section. 5 SEPARATE ELECTRICAL METERS GRANDFATHERD IN. Property is sold ''AS IS'' and seller will make no repairs. This is a full lot with two homes that are both currently long term rentals but all tenants are on month to month leases. 318 E. Cooper has 2 units (a 3 BR/1BA and1BR/1BA). 317 E Erie is a two story with identical up and down units each with 2BR/1BA. There is an additional efficiency apartment on the back. Total annual rent is $55,500 but rent has been the same for 10 years and units need some updating. Rental income could be significantly higher if renovated.



Sale Info

Listing Date: 08-23-2021

Sold Date: 11-04-2021

Aprox Days on Market: 
    2 month(s), 11 day(s)

Listing Sold: 
   3 Year(s), 12 day(s) ago

Original Asking Price: $1,400,000

Asking Price: $1,200,000

Selling Price: $1,200,000

Price Difference From Original: 
Reduced By $200,000

Price Difference From Asking: 
Same as Asking Price

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  5

Building Info

Levels:  One, Two

Year Built:  1955

Floors:  Vinyl, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck, Screened

Pool Private:  No

Style:  Ranch, Traditional

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lot Size:  0.24

Lot Desc:  High, Interior Lot

Lot Size Units:  Acres

Acres:  0.24

Lot Sqft:  10454.4

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  1

Foundation:  Crawl Space

Exterior:  Asbestos, Brick Veneer

New Construction:  No

Roof:  Architectural, Asphalt

Building Area Units:  Square Feet

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  9

Sale / Lease Info

Sold Date:  2021-11-04T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  4622

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy

Heating:  Yes

Heat:  Electric, Heat Pump

Water Sewer:  Septic Tank

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

Directions

Center Street Left Onto East Cooper. House Will Be On Your Left On 3rd Block

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

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Price & Status History (on kennedyrealty.com since Mon, Aug 23rd 2021)
  • Original Price: $1,400,000
  • Current Price: $1,200,000
  • Price Reduced: $200,000
Date ChangedFromTo
08/27/2021$1,400,000 $1,200,000 Reduced by $200,000
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-16-2024 11:00 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-16-2024 11:00 AM EST est.

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