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108 Cooper Avenue, A, B, C, D, Folly Beach, SC 29439 (MLS# 21032904)


$6,750,000
108 Cooper Avenue, A, B, C, D
Folly Beach, SC 29439
MLS# 21032904
6400 sqft


108 Cooper Avenue, A, B, C, D, Folly Beach, SC 29439
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Property Description
This Luxury Simplified custom designed commercial development was completed in 2018 and is located ½ a block from Center Street. 'Slightly off Center' includes four- four bedroom properties, each includes a private swimming pool and over 1,600 ft^ of luxury 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, two duplex options, a tri-plex, or a quad-plex, 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-up to the other, providing the ability to entertain

Details
Maps
Contract Info
MLS List Date: 2021-12-22
Status: Active
List Price: $6,750,000
Current Price: $6,750,000
List Price/SqFt: 1054.69
Location, Tax & Legal
Tax Map #: 3281400093
Street #: 108
Street Name: Cooper
Street Suffix: Avenue
Unit #: A, B, C, D
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 37 - Folly Beach
Subdivision: Folly Beach
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Legal Description: Lt 103A E Cooper
Directions: From Folly Road, take a left on E Cooper. Property will be on your left.
General Property Info
Number of Units: 4
# Stories: 2
Apx. SqFt: 6400
Year Built: 2018
Acreage: 0.12
Potential Short Sale: No
Income, Expenses & Fees
Gross Income: 612000
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
Property Features
SqFt Source: Builder/Owner
Roof: Asphalt Shingle
Architectural Style: Quadplex
New Owned/Pre-owned: Pre-Owned
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Washer
Cooling: Central
Amenities: Swimming Pool
Possession: Negotiable; Tenants Rights
Water/Sewer: Public Sewer; Public Water
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
easily between each unit. This luxury commercial development gross income currently exceeds $600K annually, and is on track to exceed this income in 2022. Call listing agent for additional financial information.

Listing Office: Luxury Simplified Real Estate, INC

Last Updated: December - 23 - 2021

108 Cooper Avenue, A, B, C, D, Folly Beach, SC 29439 - MLS# 21032904

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