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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
