NOT LISTED FOR SALE

1504 Perrin Dr Unit 1505 Holly Drive North Myrtle Beach, SC 29582

Crescent Beach Neighborhood
8 Beds
4 Baths
4,000 Sq Ft
6,098 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $640,000 $160 Per Sq Ft

7 Days on Market

Highlights

  • Ocean View
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of October 2021

CASHFLOW!!! If you've been looking for a monster investment property, look no further. This five unit multi family property is a rare findand investor's dream. The property features 4, two bedroom 1 bath units, all rented as well as a 3 bedroom home on the same lot. Theproperty sits just a block off the beach and the front porches of the upstairs units even have an ocean view. Located right in the heartofNorth Myrtle Beach, this property is unbeatable. All units are rented and currently cash flowing. Financials can be provided, so justask!You won't find anything else like this in the NMB area. Take a look before it's gone!

Last Agent to Sell the Property

Jonathan Edmund

Wave Beach Realty, LLC License #87349 Listed on: 09/01/2021

Last Buyer's Agent

Chris Koppel

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Lot Details

  • 6,098

Home Design

  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Ocean Views

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 5 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 49' x 126' x 49' x 126'
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1950
  • Class: Multi-Family
  • Lvt Date: 09/01/2021
  • Sold Total Heated Sq Ft: 4000
  • Sold Total Sq Ft: 4500
  • Total Heated Sq Ft: 4000
  • Number2 Br Units: 4
  • Number3 Br Units: 1
  • Safety Features: Lead Based Paint Disc.
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Sq Ft: 4500

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric, Window/Wall Unit

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, Oceanview, East Of Highway 17 Bypass
  • Zoning: Res

Multi Family

  • Number Of Units: 5

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $640,000 -4.5% $160 / Sq Ft
09/01/2021 09/01/21 For Sale $669,900 -- $167 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2119452

Coastal Carolinas Association of REALTORS®