Folly Beach, SC 29439
- 5Beds
- 5Full Baths
- N/AHalf Baths
- 2,800SqFt
- 2014Year Built
- 0.12Acres
- MLS# 16027048
- Residential
- Single Family Detached
- Sold
- Approx Time on Market2 months, 12 days
- AreaFolly Beach
- CountyCharleston
- Subdivision None
Overview
Welcome to 125 East Ashley on Folly Beach! This duplex is the perfect investment property on Folly Beach. The home encompasses a total of 5 bedrooms and 5 full baths. The left side of the property is a 3 bedroom/3 bath and the right side includes the final 2 bedrooms and 2 full baths. A large property at 2800 sq ft that includes 800 sq ft of deck space with ocean-views. Home was custom built in 2014 and includes many high-end features you would expect in new construction. Beautiful tropical landscaping truly give this home a one of a kind feel. Plunge pool in backyard (10ft by 12ft - 4 feet deep) provides perfect spot to relax after a long day on the beach. Rental income for 2016 is in excess of $85,000 with the potential for more. Home is zoned commercial and has city sewer.Owners currently rent 3 bedroom/3 bath side full time ($63,914 YTD 2016). One bedroom in 2 bedroom/2 bath side is rented full time as studio through AirBnB and has private entrance ($21,777 YTD 2016). Owners live in remaining 1 bedroom/ 1 bath. 2 Bedroom/2 Bath side could easily be full-time rental and increase the income for the property. 3 Bedroom/3 bath side is sold completely furnished. Furniture for 2 bedroom/2 bath side is negotiable with acceptable offer.
Sale Info
Listing Date: 09-29-2016
Sold Date: 12-12-2016
Aprox Days on Market:
2 month(s), 12 day(s)
Listing Sold:
7 Year(s), 11 month(s), 3 day(s) ago
Original Asking Price: $1,200,000
Asking Price: $1,200,000
Selling Price: $1,140,000
Price Difference From Original:
Reduced By $60,000
Price Difference From Asking:
Reduced By $60,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Fullbaths: 5
Building Info
Levels: Two
Window Features: Storm Window(s)
Year Built: 2014
Floors: Laminate, Wood
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Fencing: Fence - Wooden Enclosed
Misc Ext: Deck, Patio, Covered, Front Porch, Porch - Full Front
Exterior Features: Lawn Irrigation
Pool Private: Yes
Pool Features: In Ground
Style: Traditional
Garage / Parking
Gar Pkg: 2 Car Garage, Off Street
Garage: Yes
Attached Garage: No
Green / Env Info
Interior Features
Door Features: Storm Door(s)
Interior Features: Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.12
Lot Desc: 0 - .5 Acre
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 2
Foundation: Raised, Pillar/Post/Pier
Exterior: Cement Plank
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Special: Flood Insurance
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Room Info
Beds: 5
Primary Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
Sale / Lease Info
Sold Date: 2016-12-12T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 2800
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Folly Rd To The Beach Onto Center Street Then Left On E. Ashley And Home Is Down At Corner Of First Street (2nd St) On The Right.Courtesy of listing office Carolina One Real Estate - 843-779-8660
MLS# 21023134 
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