$1,200,000 | 5 beds | N/A full baths | N/A half baths | 2,800 sqft
Folly Beach, SC 29439
- 5Beds
- N/AFull Baths
- N/AHalf Baths
- 2,800SqFt
- 2014Year Built
- 0.12Acres
- MLS# 16027718
- Multi Family
- Sold
- Approx Time on Market1 month, 15 days
- AreaFolly Beach
- CountyCharleston
- Subdivision None
Overview
Welcome to 125 East Ashley on Folly Beach! This duplex is the perfect investment property on Folly Beach. The home encompasses a total of 5 bedrooms and 5 full baths. The left side of the property is a 3 bedroom/3 bath and the right side includes the final 2 bedrooms and 2 full baths. A large property at 2800 sq ft that includes 800 sq ft of deck space with ocean-views. Home was custom built in 2014 and includes many high-end features you would expect in new construction. Beautiful tropical landscaping truly give this home a one of a kind feel. Plunge pool in backyard (10ft by 12ft - 4 feet deep) provides perfect spot to relax after a long day on the beach. Rental income for 2016 is in excess of $85,000 with the potential for more. Home is zoned commercial and has city sewer.Owners currently rent 3 bedroom/3 bath side full time ($63,914 YTD 2016). One bedroom in 2 bedroom/2 bath side is rented full time as studio through AirBnB and has private entrance ($21,777 YTD 2016). Owners live in remaining 1 bedroom/ 1 bath. 2 Bedroom/2 Bath side could easily be full-time rental and increase the income for the property. 3 Bedroom/3 bath side is sold completely furnished. Furniture for 2 bedroom/2 bath side is negotiable with acceptable offer.
Sale Info
Listing Date: 10-26-2016
Sold Date: 12-12-2016
Aprox Days on Market:
1 month(s), 15 day(s)
Listing Sold:
9 Year(s), 6 month(s), 13 day(s) ago
Original Asking Price: $1,200,000
Asking Price: $1,200,000
Selling Price: $1,140,000
Price Difference From Original:
Reduced By $60,000
Price Difference From Asking:
Reduced By $60,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 2014
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: 2 Car
Garage: No
Attached Garage: No
Interior Features
Interior Features: Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.12
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Foundation: Pillar/Post/Pier
New Construction: No
Roof: Metal
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Duplex, Townhouse
Room Info
Beds: 5
Sale / Lease Info
Sold Date: 2016-12-12T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 2800
Unit Info
Number of Units Total: 2
Unit Bedrooms: 3
Unit Bedrooms: 2
Utilities / Hvac
Water Source: Public
Utilities: SCE & G
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Folly Rd To The Beach Onto Center Street Then Left On E. Ashley And Home Is Down At Corner Of First Street (2nd St) On The Right.Courtesy of listing office Carolina One Real Estate - 843-779-8660
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 Premier Properties Charleston 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 06-25-2026 6:53 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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