Sold
Closed
106 E Erie Avenue # C Unit: A, B, C
Folly Beach SC, 29439
$3,375,000
$596.61 per sqft
Sold
Closed
11 Beds
5,657 sqft
Residential
Built in 2019
This Luxury Simplified custom designed commercial multi-family development was completed in 2019 and is A1/2 a block from Center Street. The 'Retreats on Hudson' commercial development includes three single family homes with each property having a private swimming pool. There are two, three-bedroom properties with over 1,500 ft^ living space, and one-five bedroom property with ~2,400 ft^ living space. This development was designed to provide the owners with the ability to maximize vacation rental income by utilizing a hybrid marketing approach. This development is rented as singles, a six-bedroom option, and a 10-11 bedroom compound and continues to satisfy the consumer demand for unique luxury multi-family vacation rental options in Charleston.Each single property has a private pool, but when rented as a multi-family the exterior garden space opens to the other, providing the ability to entertain easily between each unit. This luxury commercial development gross income currently exceeds $430K annually, and is on track to exceed this income in 2022. Call listing agent for additional financial information.
21032914
MLSⓇ ID
December 22, 2021
Listed
October 15, 2024
Updated
Map
106 E Erie Avenue # C Unit: A, B, C
Folly Beach SC, 29439
Interior Features
Total Stories
2
Bedrooms
11
Interior Features
Ceiling Fan(s)
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.24 Acres
School Information
High School
James Island Charter
Elementary School
James Island
Other Property Details
Area Name
22 - Folly Beach to Battery Island
Garage
No
View
No
County
Charleston
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/15/2023 | Sold | $3,375,000 |
Courtesy of Luxury Simplified Real Estate, INC with Reid Walker,
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Data last updated 2:17 PM UTC, 10/15/2024