A, B, C - 106 E Erie Avenue, Folly Beach, SC

$4,750,000

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5,657

Square feet

0.24

Acres

About A, B, C - 106 E Erie Avenue

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.

Features of A, B, C - 106 E Erie Avenue

MLS® # 21032914
Price $4,750,000
Square Footage 5,657
Acres 0.24
Year Built 2019
Type Multi-Family
Style Single Family Detached, Triplex
Status Active

Community Information

Address A, B, C - 106 E Erie Avenue
Area 22 - Folly Beach to Battery Island
City Folly Beach
County Charleston
State SC
Zip Code 29439

Amenities

Amenities Swimng Pool
Has Pool Yes
Pool Pool

Interior

# of Stories 2

School Information

Elementary James Island Elementary
Middle Camp Road
High James Island Charter

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeLuxury Simplified Real Estate, INC

Listing Map

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