SC
Charleston
Folly Beach
29439
108 W Cooper Avenue
108 W Cooper Avenue, Folly Beach, SC 29439
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Listing Type
Multi Family
Listing Status
active
28
$1,495,000
Home Details for 108 W Cooper Avenue
Price
$1,495,000
Type
Residential Income
Bedrooms
4
Bathrooms
4.0
Square feet
NaN
Year built
1996
Lot size acres
0.23
County
Charleston
Garage
1
Days on site
155
MLS Listing#
25010659
Property Description
Fantastic opportunity to own a 4-plex on Folly Beach. Excellent value: Offered at a little over $400,000 per apartment, this must be the best deal on Folly. Use one as a primary or second home and use the other 3 to offset expenses (possibly positive cashflow). Make improvements and you can drastically increase rents. Renovated, the rental projection for annual leases is over $130,000.00! All the while, you would own commercial real estate on Folly. Street to street lot with close proximity to Center Street in the center of town. Situated next to the City Hall/Fire Station complex. 4 separate electric meters, tenants pay their own electric. Owner pays water quarterly. Property is on 2 septic systems.To connect to public sewer, you would have to ask city council for permission to tie in. If approved the nearest sewer to the complex is the alley way behind City Hall. You would be responsible for all construction costs and sewer tap and impact fees.
Property Features
Heating Information
- Central
- Electric
- Heat Pump
Cooling Information
- Central Air
Water Features
- Public
School Information
School Information for 108 W Cooper Avenue, Folly Beach, SC 29439
Elementary School
James Island
Middle School
Camp Road
High School
James Island Charter
Listing Courtesy: Carolina One Real Estate Folly Beach
Presented by: Ulf Hartwig - 843-442-2459
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Charleston Trident Multiple Listing Service.
EXIT REALTY LOWCOUNTRY GROUP
3294 Ashley Phosphate Road Suite 1-E, North Charleston, SC 29418Big Geno Cohen
License #: 100176/License #: 100176/License #: 100176/License #: 100176
Sales Representative
Office
843 619 3005
Agent
843 530 1073
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