SC
Charleston
Charleston
29412
1182 Folly Road A,B,C,D
1182 Folly Road A,B,C,D, Charleston, SC 29412
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Listing Type
Multi Family
Listing Status
active
41
$999,000

Home Details for 1182 Folly Road A,B,C,D

Price
$999,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Year built
1970
Lot size acres
1.08
County
Charleston
Garage
Basement
Crawl Space
Days on site
17
MLS Listing#
25028212
Property Description

Investors and multi-family buyers - take note! This rare opportunity to own TWO INCOME PRODUCING DUPLEXES with excellent Folly Road frontage with strong rental potential and development upside does not come around often.Just minutes from Folly Beach and downtown Charleston, this property features two solid brick duplexes combining for 8 bedrooms and 4 bathrooms across an acre of land. The location is unbeatable - directly across from Walmart and surrounded by dining, shopping, and daily conveniences. Units A-C are rented for $1100, $1200, and $1800 respectively. Market rent is in excess of $1800-$2000 per unit. With a value add play, potential income could easily exceed 10k. A large parking area in front provides easy access and ample space for residents.A 28' x 28' detached garage adds excellent storage, workshop, or additional living space potential, and the expansive lot is a perfect canvas for additional development. Subdivision is also a possibility as the parcel is larger than 1 acre. Cut in half, sell one income producing duplex to get your cash out quick, stabilize and maximize the remaining .5 acres. Positioned below sold $/sqf for other duplexes on James Island, the investment is priced to sell. Whether you're looking to expand your portfolio or build new, 1182 Folly Road delivers exceptional flexibility, value, upside, and redevelopment potential. Don't miss out on this prime location and opportunity.

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Electric
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Parking
    • Other
  • Basement
    • Crawl Space
School Information
School Information for 1182 Folly Road A,B,C,D, Charleston, SC 29412
Elementary School
James Island
Middle School
Camp Road
High School
James Island Charter
Listing Courtesy: Real Broker, LLC
Presented by: Lindsey Johnson - 919-616-8687
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EXIT REALTY LOWCOUNTRY GROUP
3294 Ashley Phosphate Road Suite 1-E, North Charleston, SC 29418
Office
843 619 3005
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