106 E Erie Avenue Unit: A, B, C

Folly Beach, SC, 29439

$4,750,000

$839 per ft²
$4,750,000
$839 per ft²
Active
Active
 - For Sale
beds
11 Beds
carpenters-square
5,657 ft²
property_type
Multi-family
calendar
Built 2019
This Luxury Simplified custom designed commercial multi-family development was completed in 2019 and is A1/2 a block from Center Street. The 'Retreats on Hudson' commercial development includes three single family homes with each property having a private swimming pool. There are two, three-bedroom properties with over 1,500 ft^ living space, and one-five bedroom property with ~2,400 ft^ living space. This development was designed to provide the owners with the ability to maximize vacation rental income by utilizing a hybrid marketing approach. This development is rented as singles, a six-bedroom option, and a 10-11 bedroom compound and continues to satisfy the consumer demand for unique luxury multi-family vacation rental options in Charleston.Each single property has a private pool, but when rented as a multi-family the exterior garden space opens to the other, providing the ability to entertain easily between each unit. This luxury commercial development gross income currently exceeds $430K annually, and is on track to exceed this income in 2022. Call listing agent for additional financial information.
MLS ID:
21032914
Listed:
12/21/21
Updated:
1/22/22
McConnell Real Estate Partners
Charleston Estates Team

Interior Features

Total Bedrooms
11
Total Bathrooms
0
Interior Features
Ceiling Fan(s)
Cooling
Central Air
Heating
Electric

Exterior/Building Features

Lot Size
10,454 ft² lot
Architectural Style
Single Family Detached, Triplex

School Information

High School
James Island Charter
Middle/Jr High
Camp Road
Elementary School
James Island

Other Property Details

Area Name
22 - Folly Beach to Battery Island
Attached Garage
No
Parking
N
View
N
County
Charleston
Pool
Yes
Pool Description
Community
Total Stories
2

 

Courtesy of Luxury Simplified Real Estate, INC

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Data last updated 3:30 PM UTC, 1/22/22

McConnell Real Estate Partners
Charleston Estates Team
Contact Agent