401 17th Ave. S,North Myrtle Beach, SC 29582
North Myrtle Beach, SC 29582
Description
Just a short walk from the beach and the vibrant shops, restaurants, and entertainment of Main Street North Myrtle Beach, this rare multi-family investment opportunity offers the perfect blend of location, income potential, and long-term value. Situated on two parcels, the property features eight total units, creating multiple streams of rental income in one of the area's most desirable coastal locations. All units are occupied with long-term tenants providing immediate income for the next owner, while North Myrtle Beach's short-term rental allowance in this area offers future flexibility and additional earning potential. Residents enjoy private outdoor storage closets, washer and dryer hookups in every unit, and easy access to everything that makes beach living so appealing. Recent improvements include newer roofs on most buildings within the last seven years, updated windows in many units, and brand-new front porches on the front duplex. Whether you're looking to expand your investment portfolio, generate steady rental income, or capitalize on the growing North Myrtle Beach market, opportunities like this-just steps from the beach---are hard to find.
Details
| MLS # | 2614895 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1950 |
| Days On Site | 79 |
| Listing Provided By | Century 21 Barefoot Realty | The Mills Group Team |
Features
| SQ Feet | 6,500 |
|---|---|
| Units | 8 |
| Zoning | MF |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central, Electric |
Exterior
| Construction Materials | Wood Frame |
|---|
Parking
| Parking Features | Other |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | North Myrtle Beach |
| Zip Code | 29582 |
| Area | 11C North Myrtle Beach Area Crescent Beach |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $1,650,000 low | high Med: $359,900 sqft: 6,500 low | high Med: 1,738 $ / sqft: $254 low | high Med: $208 On site: 79 low | high Med: 91 | |
Market Activity 29582
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | North Myrtle Beach |
| Zip Code | 29582 |
| Area | 11C North Myrtle Beach Area Crescent Beach |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $1,650,000 low | high Med: $359,900 sqft: 6,500 low | high Med: 1,738 $ / sqft: $254 low | high Med: $208 On site: 79 low | high Med: 91 | |
