NOT LISTED FOR SALE
8 Beds
4 Baths
5,846 Sq Ft
1975 Built

Last Sold April 27, 2023

Last sale price $725,000 $124 Per Sq Ft

23 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Rectangular Lot

About This Home

As of April 2023

Six unit apartment complex close to downtown Myrtle Beach! This half acre lot has 2 buildings with 6 total units. Each of the units has 2 bedrooms and 1 bathroom with a kitchen and living room. One of the units has an extra room that could be used as an office, or possibly a 3rd bedroom with a little reconfiguration. The complex is close to Broadway St and Myrtle Beach's arts and Innovation District. It's .7 miles to the Ocean and 1.5 miles to Broadway at the Beach. This is an excellent opportunity to add rental income to your investment portfolio.

Last Agent to Sell the Property

Gregg Smith

CENTURY 21 Broadhurst License #74267 Listed on: 02/27/2023

CENTURY 21 Broadhurst

Last Buyer's Agent

AGENT .NON-MLS

.Non-Member Office

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Home Design

  • 5,846 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Additional Features

  • Laundry Room
  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 6 Units
  • Hotel Section Condos

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Apartment

Year Built

Built in 1975

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 120x180x120x180
  • Amenities Available: Laundry Room, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1975
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/27/2023
  • Total Heated Sq Ft: 5846
  • Complex Name: Hotel Section
  • Misc Structural: Sep. Electric Meter, Individual Water Heater, Indiv. Heat & Air
  • Number2 Br Units: 6
  • Safety Features: Lead Based Paint Disc.
  • Utilities Owner Pays: Water/Sewer, Trash
  • Geo Subdivision: SC
  • Section Subdivision: Hotel Section
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Total Sq Ft: 6588

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air

Lot Info

  • Lot Location: Inside City Limits, East Of Highway 17 Bypass
  • Zoning: RMH

Multi Family

  • Number Of Units: 6

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School
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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 Prior Sale
04/27/2023 04/27/23 Sold $725,000 -3.3% $124 / Sq Ft
02/27/2023 02/27/23 For Sale $750,000 +100.0% $128 / Sq Ft
05/31/2018 05/31/18 Sold $375,000 -6.0% $64 / Sq Ft View Prior Sale
01/30/2018 01/30/18 For Sale $399,000 -- $68 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,198 $0 $0 $0
2024 $7,198 $28,269 $4,443 $23,826
2023 $7,198 $20,507 $3,668 $16,839
2021 $5,101 $38,042 $6,804 $31,238
2020 $4,845 $38,042 $6,804 $31,238
2019 $5,602 $38,042 $6,804 $31,238
2018 $0 $16,378 $3,946 $12,432
2017 $2,462 $9,359 $2,255 $7,104
2016 -- $9,359 $2,255 $7,104
2015 $2,434 $16,378 $3,946 $12,432
2014 $2,366 $9,359 $2,255 $7,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2303717

Coastal Carolinas Association of REALTORS®
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