Viewing Listing MLS# 16027048

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- Folly Beach, SC Real Estate | Folly Beach - Residential Property

$1,200,000 | 5 beds | 5 full baths | N/A half baths | 2,800 sqft

$1,140,000
125 E Ashley Avenue
Folly Beach, SC 29439
  • 5Beds
  • 5Full Baths
  • N/AHalf Baths
  • 2,800SqFt
  • 2014Year Built
  • 0.12Acres
  • MLS# 16027048
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market2 months, 12 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionNone

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: 09-29-2016

Sold Date: 12-12-2016

Aprox Days on Market: 
    2 month(s), 12 day(s)

Listing Sold: 
   7 Year(s), 4 month(s), 8 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:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Fullbaths:  5

Building Info

Levels:  Two

Window Features:  Storm Window(s)

Year Built:  2014

Floors:  Laminate, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Fence - Wooden Enclosed

Misc Ext:  Deck, Patio, Covered, Front Porch, Porch - Full Front

Exterior Features:  Lawn Irrigation

Pool Private:  Yes

Pool Features:  In Ground

Style:  Traditional

Garage / Parking

Gar Pkg:  2 Car Garage, Off Street

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Door Features:  Storm Door(s)

Interior Features:  Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo

Fireplace:  No

Laundry Features:  Dryer Connection

Lot Info

Lot Size:  0.12

Lot Desc:  0 - .5 Acre

Lot Size Units:  Acres

Acres:  0.12

Lot Sqft:  5227.2

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Raised, Pillar/Post/Pier

Exterior:  Cement Plank

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

Special:  Flood Insurance

Entry Location:  Ground Level

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  5

Primary Bedroom Features:  Ceiling Fan(s), Walk-In Closet(s)

Sale / Lease Info

Sold Date:  2016-12-12T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  2800

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  SCE & G

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

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

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On heatherlord.com since Thu, Sep 29th 2016
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 The Boulevard Company, LLC 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 04-20-2024 7:27 AM 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. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-20-2024 7:27 AM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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843-779-8660

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