$5,100,000
108 Cooper Avenue A, B, C, D
Folly Beach, SC 29439
MLS# 22018066
Status: Closed
6400 sqft


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Property Description
This multi-family, custom-designed development was completed in 2018 and is located ½ 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

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 888.91
MLS List Date: 2022-07-06
Status: Closed
List Price: $5,689,000
Current Price: $5,100,000
Location, Tax & Legal
Unit #: A, B, C, D
Legal Description: Lt 103A E Cooper
Tax Map #: 3281400093
Street #: 108
Street Name: Cooper
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: Unknown
Subdivision: Folly Beach
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Directions: From Folly Road, take a left on E Cooper. Property will be on your left.
General Property Info
# Stories: 2
Potential Short Sale: No
Number of Units: 4
Primary Structure Apx SqFt: 6400
Year Built: 2018
Acreage: 0.12
Status Change Info
Sold Price/SqFt: 796.88
New Mortgage Type: Conventional
Sold Date: 2022-10-14
SqFt Source
Builder/Owner: 1
Unit 1
SqFt: 1600
Bedrooms: 4
Baths: 3
Unit 2
SqFt: 1600
Bedrooms: 4
Baths: 3
Unit 3
SqFt: 1600
Bedrooms: 4
Baths: 3
Unit 4
SqFt: 1600
Bedrooms: 4
Baths: 3
Roof
Asphalt Shingle: 1
Architectural Style
Quadplex: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Dryer: 1
Washer: 1
Cooling
Central Air: 1
Heat
Electric: 1
Amenities
Pool: 1
Sale Includes
All Furniture: 1
Possession
Negotiable: 1
Tenants Rights: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Builder/Owner
Roof: Asphalt Shingle
Architectural Style: Quadplex
Cooling: Central Air
Heat: Electric
Amenities: Pool
Sale Includes: All Furniture
Possession: Negotiable; Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy

IDX
Listing Office: Luxury Simplified Real Estate, INC

Last Updated: December - 15 - 2023

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.