318 E Ashley Ave Folly Beach, SC 29439

Listing details for 318 E Ashley Ave, Folly Beach, SC 29439 : *** THE BANK JUST GOT SERIOUS AND YOU GOT A SECOND CHANCE TO PURCHASE THIS HIGH DEMAND PROPERTY WITH ABSOLUTE RIDICULOUS PRICING! *** OPPORTUNITY IS A KNOCKING, WITH POSSIBLE SELLER FINANCING...? Where on Folly will you find a property with so much potential and possibilities...Oh, being Bank Owned it's also PRICED AGGRESSIVELY! I don't care what type of buyer you are working with, this property should be one that every Folly Beach buyer needs to see. Starting with location, it's just ONE block back from the OCEAN, a couple blocks away from Center Street, the HUB of Folly, two blocks from the Folly Tennis/Basketball Courts and one door down from Beach Access! Is there a property that is more centrally located on Folly? Now, let's talk about being Unique! With a FULL LOT that is well maintained and landscaped like a vintage Folly lot should be, it dramatically contributes to the Folly Beach Lifestyle! With six (6) units situated on this property it truly has limitless possibilities. Starting with 318 E. Ashley Ave., this upgraded one story triplex, is currently used as a long term rental. Being the closest structure to the Beach, it could be perfect for vacation rentals or a primary residence/second home. In between 318 E. Ashley Ave. and 317 E. Cooper Ave., is a small one bedroom Beach Bungalow that is also used as a long term rental. Again, would this be a good vacation rental or Beach getaway for a 2nd home? Lastly, 317 E. Cooper Ave. is a two (2) story duplex that also has long term tenants. Like a lot of the Folly Duplex's, you can utilize them in several ways. Would you like to rent one floor while living in the other? Or, would you like to maximize your income and rent both floors in a long term or vacation rental program? These are all the decisions that you, the buyer, would get to make after you purchase six (6) Folly Beach units for a RIDICULOUS price! Past income pulled $65,160.00 gross which is close to a 10% ROI! If you ever had dreams of owning a property on Folly Beach, why would you miss out on a chance to be a homeowner that could possibly cost ABSOLUTELY nothing! Of course, this would depend on the financing and income that the other units receive. If it worked out properly, the rental income would cover all of the overhead allowing you to be one of a kind, a mortage on a Folly property that doesn't cost you a dime! So, with that in mind, SELLER FINANCING MAY BE AVAILABLE!! Even though this property is Bank Owned, the property is in good conditioned and being maintained by a Management Company. ****AGENTS MUST READ NOTES****