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108 W Cooper Avenue Folly Beach, SC, United States 29439

Fantastic opportunity to own a 4-plex on Folly Beach. Excellent value: Offered at a little over $400,000 per apartment, this must be the best deal on Folly. Use one as a primary or second home and use the other 3 to offset expenses (possibly positive cashflow). Make improvements and you can drastically increase rents. Renovated, the rental projection for annual leases is over $130,000.00! All the while, you would own commercial real estate on Folly. Street to street lot with close proximity to Center Street in the center of town. Situated next to the City Hall/Fire Station complex. 4 separate electric meters, tenants pay their own electric. Owner pays water quarterly. Property is on 2 septic systems.To connect to public sewer, you would have to ask city council for permission to tie in. If approved the nearest sewer to the complex is the alley way behind City Hall. You would be responsible for all construction costs and sewer tap and impact fees.

Amenities

  • Bedrooms: 4
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1996
  • Built in 1996
  • Home size: 2,688 ft2 / 249.72 m2
  • MLS: 25010659
  • Status: Active
Copyright ? 2025 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Carolina One Real Estate

(843) 202-2030

Presented by Ulf Hartwig

  • (843) 442-2459

Contact Ulf Hartwig

Contact Agent

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