108 E Cooper Avenue Unit: A, B, C, D

Folly Beach, SC, 29439

$5,689,000

$888 per ft²
$5,689,000
$888 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
16 Beds
carpenters-square
6,400 ft²
property_type
Multi-family
calendar
Built 2018
This multi-family, custom-designed development was completed in 2018 and is located 1/2 block off Center Street. This asset is strategically located in the commercial district of Folly Beach and zoned 'general business'. It includes four four-bedroom properties, each offering a private pool and over 1,600 ft^ of luxury living space. This multi-family investment has been uniquely designed to maximize vacation rental income by utilizing a hybrid rental approach, e.g., singles, duplex, triplex, or quadplex, and is on track to exceed record income generated in 2021 with over $636,000 in projected booking revenue for 2022. Call listing agent for additional financial information. NOTE: Sale includes 105 E Erie Tax ID - 3281400477
MLS® ID:
22018066
Listed:
7/5/22
Updated:
10/5/22
McConnell Real Estate Partners
Charleston Estates Team

Interior Features

Total Bedrooms
16
Total Bathrooms
0
Interior Features
Ceiling Fan(s)
Heating
Electric

Exterior/Building Features

Lot Size
5,227 ft² lot
Architectural Style
Quadruplex
Roof
Asphalt
Sewer
Public Sewer

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
Garage
No
Parking
N
View
N
County
Charleston
Utilities
Charleston Water Service, Dominion Energy
Water Source
Public
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
8/26/22
Active Under Contract
-
-
8/17/22
Price Change
$5,689,000
-3%

 

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Data last updated 7:12 PM UTC, 10/5/22

McConnell Real Estate Partners
Charleston Estates Team
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