508 Cooper Avenue, Folly Beach, SC 29439

$2,400,000
Property Type: Residential Bedrooms: 8 Baths: 4 Square Footage: 3,870 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $2,400,000 List Date: 8/17/2023 Last Modified: 10/09/2023

Description

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.

More Information MLS# 23018890

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2023-08-17 Status: Active List Price: $2,400,000 Current Price: $2,400,000

Location, Tax & Legal

Tax Map #: 3281500154 Street #: 508 Street Name: Cooper Street Suffix: Avenue County: Charleston State: SC Zip Code: 29439 Area: 22 - Folly Beach to Battery Island Tax District: 33 - City of Folly Beach Subdivision: None Elementary School: James Island Middle School: Camp Road High School: James Island Charter Legal Description: Lot 504 E Cooper Directions: Turn left from Center street onto E Cooper. 508 down on the left

General Property Info

Bedrooms: 8 Baths - Full: 4 Baths - Total: 4 Stories: 1 Primary Structure Apx SqFt: 3870 Ownership: Fee Simple Year Built: 1955 Acreage: 0.24 Other Structures Y/N: No Potential Short Sale: No HOA Fee: No

Tax/Fees

Special Assessment: No

Office/Member Info

Buyers Agency Compensation: 3 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Previous Listing SF Detached Style: Ranch Lot Description: 0 - .5 Acre; Level Roof: Architectural Exterior: Block/Masonry Foundation: Crawl Space Stories/Levels: 1 Story New Owned: Pre-Owned Rooms: Family; Great Water/Sewer: Septic Showing Instructions: Contact Listing Agent Utility Suppliers: Dominion Energy Proposed Financing: Any Assumable: No
Listing Office: Carolina One Real Estate
Last Updated: October - 09 - 2023
508 Cooper Avenue, Folly Beach, SC 29439- MLS# 23018890
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

Broker Attribution: 843-779-8660

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