Viewing Listing MLS# 2405280
Myrtle Beach, SC 29577
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 2,015SqFt
- 1976Year Built
- 0.00Acres
- MLS# 2405280
- Residential
- Quadruplex
- Sold
- Approx Time on Market1 month, 3 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- Subdivision Not within a Subdivision
Overview
This is a super rare opportunity to own a 4-plex multifamily dwelling located just 5 minutes to the beach and some of the best restaurants in Myrtle Beach. All 4 units are currently rented with long term renters in place. 3 of the units have been totally renovated with tile flooring, updated bathrooms, appliances, etc. The remaining unit has older-features with tenants in place that have lived there more than 10 years. Each unit also has its own approx 5x5 storage room on the backside of the building. Bringing in incredible rental income each month. Water is included in their rent- seller pays 1 water bill for all 4 units, and City of MB utility company includes weekly trash pick up (4 trash cans). Yearlong leases for each tenant, with a 60-day kick out clause if new owners want to give any of the tenants notice after closing. Large lot with plenty of parking and guest parking, located just a few blocks to the beach! Parking lot has been resealed recently, & roof replaced 2018 by prior owners. This is an incredible investment opportunity to bring in immediate income upon closing, right in the heart of Myrtle Beach. Close to schools, grocery, dining, shopping and entertainment, and just 5 minutes to the ocean.
Sale Info
Listing Date: 03-01-2024
Sold Date: 04-05-2024
Aprox Days on Market:
1 month(s), 3 day(s)
Listing Sold:
7 month(s), 8 day(s) ago
Asking Price: $495,000
Selling Price: $480,000
Price Difference:
Reduced By $15,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa Frequency: Monthly
Hoa: No
Community Features: LongTermRentalAllowed
Assoc Amenities: OwnerAllowedMotorcycle, PetRestrictions, TenantAllowedMotorcycle
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
New Construction: No
Year Built: 1976
Mobile Home Remains: ,No,
Zoning: Res
Construction Materials: BrickVeneer, Masonry
Buyer Compensation
Exterior Features
Spa: No
Foundation: Slab
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Parking Type: TwoSpaces
Open Parking: No
Attached Garage: No
Green / Env Info
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.00
Land Lease: No
Lot Description: CityLot
Misc
Pool Private: No
Pets Allowed: OwnerOnly, Yes
Offer Compensation
Other School Info
Property Info
County: Horry
View: No
Number of Units Total: 4
Senior Community: No
Stipulation of Sale: None
Property Sub Type Additional: Quadruplex,MultiFamily
Property Attached: No
Rent Control: No
Construction: Resale
Room Info
Basement: ,No,
Sold Info
Sold Date: 2024-04-05T00:00:00
Sqft Info
Building Sqft: 2015
Living Area Source: Estimated
Sqft: 2015
Tax Info
Unit Info
Utilities / Hvac
Heating: Electric
Cooling: WallWindowUnits
Electric On Property: No
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Waterfront: No
Schools
Elem: Myrtle Beach Elementary School
Middle: Myrtle Beach Middle School
High: Myrtle Beach High School
Courtesy of Century 21 Barefoot Realty
MLS# 2216477 
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