1002 East ERIE AVE, Folly Beach SC 29439 Home for Sale for $439,900 with 4 bedrooms and 2 full baths. This 2,488 square foot home was built in 1942 on a lot size of 0.320000 Acre(s).

Property Information
$439,900
4 Bedrooms
2 Full Baths
Single Family
2,488 Square Feet
Active
Lot Size of 0.320000 Acre(s)
Built in 1942
Folly Beach, SC
Charleston County
MLS/Web ID is 1407851
1002 East ERIE AVE, Folly Beach, SC
Description

FIRST ITEM YOU NEED TO NOTE IS EXTRA LARGE LOT WITH TIDAL CREEK ACCESS TO THE FOLLY RIVER!!! A 1/3 ACRE LOT ON Folly Beach that is on a tidal creek with direct access to river and a hop and a skip to the beach is a dream come true! THE POSSIBILITIES WITH THIS PROPERTY ARE ENDLESS!!! 2nd you have an income producing property of 2 rentals of $31, 200 yearly!! Live in the larger side and use the $1200 per month rent from the smaller side to offset your payment. Both units have virtually their own outdoor space. The large side looks out to the Folly River and has a private courtyard space. The .32 acre lot with tidal creek access is almost unheard of and in addition you are just a few minute walk to the beach!. This lot and duplex have more potential than you can imagine. The A side is smaller and rents for approximately $1200 per month. The B side ( closest to the water and marsh ) is larger and rents for $1400 per month. Great tenants in place. 2nd...Use it as a rental and then tear down and build your DREAM HOME WITH GREAT VIEWS ON THIS GREAT LOT!! Large storage building on site as well which has been re-roofed by the seller. There is a new electrical box in apartment A as well as new refrigerator, stove, gas heater, washer and roofing. This is a great investment! Buyer to verify lot size, zoning, sq footage, schools and anything else they deem to be important! SOLD "AS IS". ALL APPLIANCES DO CONVEY. Flood insurance is $1, 990 p/yr and Hazard insurance is $4, 025 p/yr. Professional measuring report shows square footage at 2488. If square footage is important - MEASURE!!

Interior
Sewer
  • Septic System
Water Source
  • Public Water
Exterior
Fence
  • Partial
Lot Description
  • Corner
Miscellaneous
Other
  • Flood Insurance Required
† Excluded Feature
Neighborhood & Schools
Elementary School: HARBOR VIEW
Middle School: JAMES ISLAND
High School: JAMES ISLAND CHARTER
Listed By
Broker: REDEFY REAL ESTATE
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Market Pricing

Average % of sale price Median % of sale price
All listings in Folly Beach $666,339 51 % above $589,900 34 % above
Single family listings in Folly Beach $758,704 72 % above $695,000 58 % above

Get the facts about Folly Beach, SC!

Population
2,694
Population Growth (since 2000)
18 %
Median Income
$55,740
Median Age
44.68
Households w/ Children
8 %
899 568 803 899 568 803
Find Out More! View more area information here.
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