Classic 2 bed, 2 bath elevated Folly Beach cottage w/ 1 bed/1 bath apartment downstairs - on a Street to Street lot just a short walk to the Beach & Downtown Folly! 2nd floor is a an Active Vacation Rental w/ proven history. During sellers' ownership, updates include: New HVAC Mar. 2025, exterior perimeter sump pump & drainage system, new septic pump & & control board/wiring, & new engineered septic drain field expansion. Upstairs, the open floorplan boasts a large, well-lit front living room, with a front deck & Screen-in porch overlooking E Ashley. 2 ample bedrooms located in the center, one w/ full en-suite, with the open kitchen & 2nd full bath + laundry in the rear, w/ access to the large rear deck from the kitchen. Downstairs you'll find an efficiency apartment w/ a full bath....washer dryer hookups, and kitchen. The property can be accessed from either E Cooper or E Ashley - the large, gravel/rock parking area is in the rear along E Cooper Ave.