SC > Charleston > Mccalls Corner
Charleston, SC 29412,1182 Folly Rd #A,B,C,D
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Charleston, SC 29412,1182 Folly Rd #A,B,C,D
Charleston, SC 29412,1182 Folly Rd #A,B,C,D
Charleston, SC 29412,1182 Folly Rd #A,B,C,D
Charleston, SC 29412,1182 Folly Rd #A,B,C,D
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William Burton

William Burton

+1(854) 205-6626
Listed by   Real Broker, LLC
$ 999,000
Est. payment /mo
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Active Under Contract

1182 Folly Rd #A, B, C, D Charleston, SC 29412

8 Beds

3,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $333

Subdivision Mccalls Corner

MLS Listing ID 25028212

Bedrooms 8

HOA Y/N No

Year Built 1970

Lot Size 1.080 Acres

Acres 1.08

Property Sub-Type Other

Property Description

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. Subdivision is also a possibility as the parcel is larger than 1 acre. Cut in half, sell one income producing duplex to get your cash out quick, stabilize and maximize the remaining .5 acres.

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

Location

State SC

County Charleston

Area 21 - James Island

Interior

Interior Features Ceiling Fan(s)

Heating Electric, Forced Air

Cooling Central Air

Laundry Washer Hookup

Exterior

Parking Features Other

Utilities Available Charleston Water Service, Dominion Energy, James IS PSD

Roof Type Asphalt

Building

Dwelling Type Other

Foundation Crawl Space

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools James Island

Middle Schools Camp Road

High Schools James Island Charter

Others

Acceptable Financing Any

Listing Terms Any

Financing Any

Virtual Tour https://vimeo.com/1127964498

William Burton

William Burton

Agent | License ID: 125790

+1(854) 205-6626

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1182 Folly Rd #A,B,C,D