$2,400,000 | 8 beds | N/A full baths | N/A half baths | 3,870 sqft

$2,400,000 Reduced -$400,000
508 E Cooper Avenue
Folly Beach, SC 29439
  • 8Beds
  • N/AFull Baths
  • N/AHalf Baths
  • 3,870SqFt
  • 1955Year Built
  • 0.24Acres
  • MLS# 23018891
  • Multi Family
  • Active

  • Approx Time on Market3 months, 17 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionNone

Overview

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.


Association Fees / Info

Bathroom Info

Building Info

Year Built:  1955

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Attached Garage:  No

Gar Pkg:  2 Car

Garage:  No

Interior Features

Interior Features:  Ceiling Fan(s)

Fireplace:  No

Lot Info

Lot Size Units:  Acres

Lot Size:  0.24

Lot Sqft:  10454.4

Acres:  0.24

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

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

Room Info

Beds:  8

Sale / Lease Info

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Sqft Info

Unit Sqft:  970

Unit Sqft:  970

Unit Sqft:  970

Unit Sqft:  970

Sqft:  3870

Tax Info

Unit Info

Number of Units Total:  4

Unit Bedrooms:  2

Unit Bedrooms:  2

Unit Bedrooms:  2

Unit Bedrooms:  2

Utilities / Hvac

Cooling:  Yes

Cooling:  Central Air

Heating:  No

Waterfront / Water

Waterfront:  No

Agriculture / Farm

Grazing Permits Blm:  Yes

Grazing Permits Forest Service:  Yes

Farm Credit Service Incl:  Yes

Horse:  No

Grazing Permits Private:  Yes

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

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

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Price & Status History (on natwallen.com since Thu, Aug 17th 2023)
  • Original Price: $2,800,000
  • Current Price: $2,400,000
  • Price Reduced: $400,000
Date ChangedFromTo
10/09/2023$2,800,000 $2,400,000 Reduced by $400,000
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 EXP Realty LLC 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 12-04-2023 11:06 PM 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 2023 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2023 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 12-04-2023 11:06 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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843-779-8660

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Hey there, thanks for reaching out!
Are schools important to you?
When do you need us?
Your general price point?
Don’t worry... this is not set in stone :)
Want to add a note?
EXPLORE CHARLESTON ON YOUR OWN
Call: 843.708.4488