MLS# 1407851 | 1002 E Erie Avenue Folly Beach SC | Folly Beach subdivision
843-225-7007
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Folly Beach, SC 29439
- 4Beds
- 2Full Baths
- N/AHalf Baths
- 2,488SqFt
- 1942Year Built
- 0.32Acres
- MLS# 1407851
- Residential
- Other
- Sold
- Approx Time on Market3 months, 28 days
- AreaFolly Beach
- CountyCharleston
- SubdivisionFolly Beach
Overview
FIRST ITEM YOU NEED TO NOTE IS EXTRA LARGE LOT WITH TIDAL CREEK ACCESS TO THE FOLLY RIVER!!! A 1/3 ACRE LOT ON Folly Beach that is on a tidal creek with direct access to river and a hop and a skip to the beach is a dream come true! THE POSSIBILITIES WITH THIS PROPERTY ARE ENDLESS!!! 2nd you have an income producing property of 2 rentals of $31,200 yearly!! Live in the larger side and use the $1200 per month rent from the smaller side to offset your payment. Both units have virtually their own outdoor space. The large side looks out to the Folly River and has a private courtyard space. The .32 acre lot with tidal creek access is almost unheard of and in addition you are just a few minute walk to the beach!. This lot and duplex have more potential than you can imagine. The A side is smaller and rents for approximately $1200 per month. The B side ( closest to the water and marsh ) is larger and rents for $1400 per month. Great tenants in place. 2nd...Use it as a rental and then tear down and build your DREAM HOME WITH GREAT VIEWS ON THIS GREAT LOT!! Large storage building on site as well which has been re-roofed by the seller. There is a new electrical box in apartment A as well as new refrigerator, stove, gas heater, washer and roofing. This is a great investment! Buyer to verify lot size, zoning, sq footage, schools and anything else they deem to be important! SOLD ""AS IS"". ALL APPLIANCES DO CONVEY. Flood insurance is $1,990 p/yr and Hazard insurance is $4,025 p/yr. Professional measuring report shows square footage at 2488. If square footage is important - MEASURE!!
Sale Info
Listing Date: 03-25-2014
Sold Date: 07-24-2014
Aprox Days on Market:
3 month(s), 28 day(s)
Listing Sold:
9 Year(s), 9 month(s), 26 day(s) ago
Original Asking Price: $450,000
Asking Price: $439,900
Selling Price: $450,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Increase $10,100
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Bathroom Info
Fullbaths: 2
Building Info
Year Built: 1942
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Fencing: Partial
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.32
Lot Size Units: Acres
Acres: 0.32
Lot Sqft: 13939.2
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: A
New Construction: No
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: Yes
Habitable Residence: Yes
Room Info
Beds: 4
Sale / Lease Info
Sold Date: 2014-07-24T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Special Features
Sqft Info
Sqft: 2488
Unit Info
Utilities / Hvac
Water Source: Public
Heating: No
Water Sewer: Septic Tank
Cooling: No
Waterfront / Water
Waterfront: No
Directions
Folly Rd To Center St. Turn Left On Cooper. Go To 10th St And Turn Left. E Erie Ave Picks Back Up At That Point. House At The End Of 10th On Right.Courtesy of listing office Charleston Home Team
Featured Lender
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MLS# 15005042 
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-20-2024 1:25 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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