Turnkey investment property located on Folly Beach South Carolina. Currently possessing 4 short term rental licenses, this quadruplex is one of a kind for the island as such properties rarely exchange. Recent improvements on the 2 buildings include: new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. Newer furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. No mandatory flood insurance required.
Year Built: 1955
Rent Control: No
Pool Private: No
Attached Garage: No
Gar Pkg: 2 Car
Garage: No
Interior Features: Ceiling Fan(s)
Fireplace: No
Lot Size Units: Acres
Lot Size: 0.24
Lot Sqft: 10454.4
Acres: 0.24
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 1
Foundation: Crawl Space
Exterior: Block/Masonry
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Duplex, Quadruplex
Beds: 8
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 970
Unit Sqft: 970
Unit Sqft: 970
Unit Sqft: 970
Sqft: 3870
Number of Units Total: 4
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Unit Bedrooms: 2
Cooling: Yes
Cooling: Central Air
Heating: No
Waterfront: No
Grazing Permits Blm: Yes
Grazing Permits Forest Service: Yes
Farm Credit Service Incl: Yes
Horse: No
Grazing Permits Private: Yes
Courtesy of listing office Carolina One Real Estate - 843-779-8660