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    Charleston, SC 29401
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418 E Ashley Avenue

Folly Beach, SC 29439
$1,199,000
MLS# 237959917

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Property Details

Property Type
RES
Neighborhood
Folly Beach
Bedrooms
3
Bathrooms
3
Square Feet
1,576
Year Built
1938

Investment Potential

Est. Monthly Rental
$5,995
Cap Rate
3.3%
Appreciation Rate
3.5%

Description

Classic 2 bed, 2 bath elevated Folly Beach cottage w/ 1 bed/1 bath apartment downstairs - on a Street to Street lot just a short walk to the Beach & Downtown Folly! 2nd floor is a an Active Vacation Rental w/ proven history. During sellers' ownership, updates include: New HVAC Mar. 2025, exterior perimeter sump pump & drainage system, new septic pump & & control board/wiring, & new engineered septic drain field expansion. Upstairs, the open floorplan boasts a large, well-lit front living room, with a front deck & Screen-in porch overlooking E Ashley. 2 ample bedrooms located in the center, one w/ full en-suite, with the open kitchen & 2nd full bath + laundry in the rear, w/ access to the large rear deck from the kitchen. Downstairs you'll find an efficiency apartment w/ a full bath....washer dryer hookups, and kitchen. The property can be accessed from either E Cooper or E Ashley - the large, gravel/rock parking area is in the rear along E Cooper Ave.

Features & Amenities

  • Ceiling - Cathedral/Vaulted
  • Ceiling - Smooth
  • High Ceilings
  • Family
  • Living/Dining Combo
  • Sun
  • Rain Gutters

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Property Status

StatusActive
Days on Market0
Property TypeRES
NeighborhoodFolly Beach

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