SC > Folly Beach
Folly Beach, SC 29439,108 W Cooper Ave
Folly Beach, SC 29439,108 W Cooper Ave
Folly Beach, SC 29439,108 W Cooper Ave
28
See all 28 photos
Listed by   843-779-8660 • Carolina One Real Estate Folly Beach
$1,625,000
Est. payment /mo
Save
4 Beds
2,688 SqFt
Price Dropped by $125K

108 W Cooper Ave Folly Beach, SC 29439

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
25
Jun
Thu
26
Jun
Fri
27
Jun
Peter Derry

Peter Derry

+1(843) 212-6383

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,688 sqft

Price per Sqft $604

MLS Listing ID 25010659

Bedrooms 4

Year Built 1996

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Quadruplex

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.

Location

State SC

County Charleston

Area 22 - Folly Beach To Battery Island

Interior

Heating Central, Electric, Heat Pump

Cooling Central Air

Exterior

Parking Features 1 Car

Garage Spaces 1.0

Utilities Available City of Folly Beach, Dominion Energy

Roof Type Asphalt

Total Parking Spaces 1

Building

Dwelling Type Quadruplex

Story 2

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools James Island

Middle Schools Camp Road

High Schools James Island Charter

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

agent
Peter Derry

Broker | License ID: 65460

+1(843) 212-6383 | peter@phdproperties.realestate

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of PHD Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

108 W Cooper Ave

};