710 E Arctic is a triplex on the second row of Folly Beach. The two downstairs unit each have two bedrooms,one bath, a screened in porch and a front patio. Quite a bit of space to enjoy the beach and weather. The combined gross rental income for the two downstairs units last year was $76,689.40 (ask your agent for the information). The owner lives upstairs in the three bedroom two bath home with a large loft. From the front porch you will hear the ocean, feel the breeze with peeks of the ocean between the front beach homes. This unit has been owner occupied since the early 90's. The projected rental income for the upstairs unit is $75449 if it was on the rental market. The upstairs unit A has a new generator so power interruptions are minimized. Beach access across the street.
Listing Date: 02-22-2022
Sold Date: 04-05-2022
Aprox Days on Market: 
1 month(s), 13 day(s)
Listing Sold: 
2 Year(s), 1 month(s), 0 day(s) ago
Original Asking Price: $2,150,000
Asking Price: $2,150,000
Selling Price: $1,900,000
Price Difference From Original:
Reduced By $250,000
Price Difference From Asking:
Reduced By $250,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Community Features: Boat Ramp, Park, Trash
Fullbaths: 4
Levels: 3 Stories
Window Features: Window Treatments - Some
Year Built: 1942
Floors: Ceramic Tile, Wood
Rent Control: No
Misc Ext: Deck, Front Porch, Screened
Pool Private: No
Style: Traditional
Gar Pkg: 1 Car Garage
Garage: Yes
Attached Garage: No
Desclocation: Living Room, One
Interior Features: High Ceilings, Walk-In Closet(s)
Fireplace: Yes
Num Fireplaces: 1
Lot Size: 0.24
Lot Size Units: Acres
Lot Dimensions: 70x144x70x144
Acres: 0.24
Lot Sqft: 10454.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Property Subtype: Workshop
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 7
Sold Date: 2022-04-05T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 3932
Water Source: Public
Utilities: Dominion Energy
Heating: No
Water Sewer: Septic Tank
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office Carolina One Real Estate - 843-779-8660