$1,490,000
508 Cooper Avenue
Folly Beach, SC 29439
MLS# 20022984
3870 sqft


508 Cooper Avenue, Folly Beach, SC 29439
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508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439 508 Cooper Avenue, Folly Beach, SC 29439

Property Description
508 E Cooper Avenue is a fully renovated, turnkey investment property located in the heart of Folly Beach, USA. Possessing 4 short term rental licenses, this beachy quadruplex with amazing income producing potential. Property improvements include new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. The property is located in an X- Shaded Flood Zone per updated FEMA Maps to be implemented 1/29/21. No mandatory flood insurance required.

Details
Maps
Documents
Contract Info
MLS Entry Date: 2020-08-19
List Price: $1,490,000
Current Price: $1,490,000
List Price/SqFt: 385.01
Location, Tax & Legal
Tax Map #: 3281500154
Street #: 508
Street Name: Cooper
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - Folly Beach
Subdivision: None
Elementary School: James Island
Middle School: James Island
High School: James Island Charter
Legal Description: LT 504 E COOPER
General Property Info
Apx. SqFt: 3870
Year Built: 1955
Acreage: 0.24
Potential Short Sale: No
Income, Expenses & Fees
Net Income: 120000
Auction: No
Status Change Info
Status: Active
Unit 1
SqFt: 970
Bedrooms: 2
Baths: 1
Unit 2
SqFt: 970
Bedrooms: 2
Baths: 1
Unit 3
SqFt: 970
Bedrooms: 2
Baths: 1
Unit 4
SqFt: 970
Bedrooms: 2
Baths: 1
Property Features
SqFt Source: Previous Listing
Roof: Architectural
Exterior: Block/Masonry
Foundation: Raised Slab
Driveway: Concrete
Architectural Style: Quadplex
New Owned/Pre-owned: Pre-Owned
Zoning: Conforming
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Electric - Range; Garbage Disposal; Refrigerator; Washer
Cooling: Central
Amenities: Cable TV Available; Play Park; Tennis Court; Trash Pickup
Sale Includes: All Furniture
Proposed Financing: Any; Cash
Possession: At Closing
Water/Sewer: Public Water; Septic

Listing Office: Roadstead Real Estate Advisors, LLC

Last Updated: September - 09 - 2020

508 Cooper Avenue, Folly Beach, SC 29439 - MLS# 20022984

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Thursday 22nd of October 2020 12:58 AM