Folly Beach, SC 29439
- 9Beds
- 6Full Baths
- N/AHalf Baths
- 3,688SqFt
- 1980Year Built
- 0.25Acres
- MLS# 21022429
- Residential
- Single Family Detached
- Sold
- Approx Time on Market2 months, 18 days
- AreaFolly Beach
- CountyCharleston
- Subdivision None
Overview
A 6 apartment rental home on Folly Beach with 6 separate meters that are grandfathered in. There are 4 small ground floor units and 2 larger upstairs units with a garage in back that tenants have converted into a music studio/lounge. Very ''old school Folly vibe''. Lots of potential for investors looking for investment income. Current owner has had long term tenants all on month to month leases but rent is very low and could be substantially increased with some upgrades and repairs. Rental income in 2019 and 2020 was $61,335 and $64,985 respectively. In fair condition but needs some TLC. Being sold ''AS IS WHERE IS''. You could also demolish the house and build a new home just 1 block from the beach.Buyer to verify all information deemed to be impor
Sale Info
Listing Date: 08-16-2021
Sold Date: 11-04-2021
Aprox Days on Market:
2 month(s), 18 day(s)
Listing Sold:
3 Year(s), 12 day(s) ago
Original Asking Price: $1,010,000
Asking Price: $1,000,000
Selling Price: $1,010,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Increase $10,000
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: 6
Building Info
Levels: Two
Year Built: 1980
Floors: Laminate
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Style: Traditional
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.25
Lot Desc: 0 - .5 Acre, Level
Lot Size Units: Acres
Acres: 0.25
Lot Sqft: 10890
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Wood Siding
New Construction: No
Roof: 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: 3688
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: Dominion Energy
Heating: Yes
Water Sewer: Septic Tank
Cooling: No
Waterfront / Water
Water Front Features: Beach Access
Waterfront: No
Directions
Center Street Take A Left At The Light Onto East Ashley Avenue. House Is On The Left On 5th Block.Courtesy of listing office Carolina One Real Estate - 843-779-8660
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 8:28 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.
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