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1182 Folly

  • 8
  • 3000

$999,000Charleston, SC

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1182 Folly

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. 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, and redevelopment potential. Don't miss out on this prime location and opportunity.

Essential Information

  • MLS® #25028212
  • Price$999,000
  • Bedrooms8
  • Square Footage3,000
  • Square Footage3,000.00
  • Acres1.08
  • Year Built1970
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1182 Folly
  • AreaJames Island
  • SubdivisionMccalls Corner
  • CityCharleston
  • CountyCharleston
  • StateSC
  • Zip Code29412

Amenities

  • Garage Spaces0
  • ParkingOther

Interior

  • InteriorCeiling Fan(s)
  • HeatingElectric, Forced Air
  • CoolingCentral Air

Exterior

  • RoofAsphalt
  • ConstructionBrick
  • Foundation DetailsCrawl Space

School Information

  • ElementaryJames Island
  • HighJames Island Charter

Additional Information

Listing Details

  • OfficeReal Broker, LLC

LISTED BY Real Broker, LLC, (855) 450-0442