| Address: |
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122 East Arctic Avenue
Folly Beach, SC 29439
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| Bedrooms: |
4 |
| Baths: |
2 |
| Half Baths: |
1 |
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| Square Feet: |
2,650 sq. ft. |
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| Attributes: |
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Waterview, Oceanview |
| Amenities: |
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Luxury, Paved Roads, Restaurants, Shopping |
| Features: |
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Wood Floors, Porch |
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Mortgage Estimate:
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Rate: 6.50% | Years: 30
Down Payment: $257,000 (20.0%)
Loan: $1,028,000
Payment: $6,498
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Amazing Opportunity on Folly Beach
Are you looking for that beast of a rental income producing property? Then look no further than 122 E. Arctic Ave. This property generated almost $80,000 of gross rental income last year and is projected to be even stronger in 2008. Your island retreat is just steps from the beach, with panoramic ocean views from the living area, dining area, kitchen, both master bedrooms, the queen bedroom and both lofts. Enjoy 2600 square feet of upscale d?cor, beautiful hardwood floors, and ceramic tile bathrooms. Lounge in your king canopy bed and gaze at the ocean or enjoy the expansive front porch. You are in the PentHouse, it is pristine, as this second row property has only been available for rentals since August 2006. Airy vaulted main room, architectural details, entirely new furnishings and wide ocean views allow you to be on the beach even when you are indoors. The entire top floor of this complex is yours. Make this getaway your next destination and park your car for the week! The fishing pier and quaint downtown shops and restaurants are only a block away. Stroll 1/2 block to the market for the morning paper or any necessities you may have left behind. You will be living on island time. Folly Beach has a laid back ?Bohemian? type attitude that reminds many of Key West but with beautiful beaches. All things Charleston has to offer are just a short 10-15 minute drive away. Visit historic homes and plantations, sample fine Lowcountry cuisine, enjoy all of the history and culture that Charleston has to offer anytime. This is a one of a kind property?.
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