124 Hudson Avenue, Folly Beach, SC 29439
$2,700,000
Property Type:
MultiFamily
Square Footage:
5,208
Lot Size (sq. ft.):
10,454
Status:
Active
Current Price:
$2,700,000
List Date:
11/03/2023
Last Modified:
4/21/2024
Description
Two blocks off Center Street in the heart of Fun Folly Beach. Shopping, restaurants and more. Easy beach access in walking distance. Park with tennis, playground and restrooms just down the street. Street to street lot. 11 bedrooms, 8 bathrooms. Two structures. Excellent rental income. The two story building is hardi plank siding. See pictures for the floor plan. Sold ''as is, where is''. Selling agent and buyer to verify all information during due diligence period. 121 East Huron Avenue is the address of the 2 story building. One story unit was built in 1955. Flood insurance is transferable. The 2 story duplex is $3150 per side. The 2 bedroom unit is $1800. The one bedroom is $1300. All per month. Total rental income $9400/month.
Supplements: Listing includes 110 and 124 E Hudson.
More Information MLS# 23025135
Contract Info
MLS List Date: 2023-11-03
Status: Active
List Price: $2,700,000
Current Price: $2,700,000
Location, Tax & Legal
Tax Map #: 3281000012
Street #: 124
Street Name: Hudson
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: None
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Legal Description: LT 110 E HUDSON
Directions: Folly Rd, left on East Hudson, property is on the left corner of 2nd Street
General Property Info
Number of Units: 4
# Stories: 2
Ground Level: No
Primary Structure Apx SqFt: 5208
Year Built: 2006
Acreage: 0.24
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Income, Expenses & Fees
Gross Income: 9400
Auction: No
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Unit 1
SqFt: 432
Bedrooms: 1
Baths: 1
Unit 2
SqFt: 912
Bedrooms: 2
Baths: 1
Unit 3
SqFt: 1938
Bedrooms: 4
Baths: 3
Unit 4
SqFt: 1938
Bedrooms: 4
Baths: 3
Property Features
SqFt Source: Appraisal
Roof: Asphalt Shingle; Metal
Exterior: Block/Masonry; See Remarks
Foundation: Piling; Slab
Garage/Parking: 2 Car
Driveway: Concrete
Architectural Style: Duplex; Other
New Owned/Pre-owned: Pre-Owned
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Cooling: Central Air
Heat: Heat Pump
Amenities: Dog Park; Park; Tennis Court(s); Trash
Sale Includes: Building and Land
Tenant Pays: Electric
Proposed Financing: Cash; Conventional Loan; FHA Loan; VA Loan
Possession: At Closing; Tenants Rights
Special: Flood Insurance
Water/Sewer: Public Water; Septic
Utility Suppliers: City of Folly Beach; James IS PSD
Documents
Sellers Disclosure ›Listing Office: Carolina One Real Estate
Last Updated: April - 21 - 2024
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
Broker Attribution:
843-779-8660
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