NOT LISTED FOR SALE

411 Cambridge Cir Murrells Inlet, SC 29576

-- Bed
-- Bath
7,000 Sq Ft
1984 Built

Last Sold January 23, 2019

Last sale price $495,000 $71 Per Sq Ft

68 Days on Market

About This Home

As of January 2019

This is a rare opportunity to own a 100% occupied true long term money maker. This 8 unit building in Murrells Inlet contains four 1BR/1BA and four 2BR/2BA units and operates at a true 9.5% CAP rate. Entire building went through a complete rehabilitation of both exterior and interior in early 2016 to include: new roofing, Smartside siding, decking, railing, paint, lighting, parking lot, interior paint, new toilets, sinks, kitchen and bath fixtures, countertops, and vanities. Second floor units have all new vinyl plank flooring and all upper level bathroom flooring was replaced with ceramic tile on moisture proof Duroc. All 8 HVAC systems replaced since 2015 and all electrical switches and outlets replaced. Owner is SCREA.

Last Agent to Sell the Property

Calvin Borisuk

Heritage Real Estate Sales LLC License #106118 Listed on: 10/03/2018

Last Buyer's Agent

Edgar Wilson

Circa Real Estate License #40250

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Home Design

  • 7,000 Sq Ft Home

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Community Details

  • 8 Units
  • Cambridge Place Condos

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Estimated Year Built: 1984
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 10/03/2018
  • Sold Total Heated Sq Ft: 7000
  • Sold Total Sq Ft: 7000
  • Total Heated Sq Ft: 7000
  • One Bedroom Rent Range: $625
  • Two Bedroom Rent Range: $745-$760
  • Complex Name: Cambridge Place
  • Estimated Gross Scheduled Rent: $66,120
  • Number1 Br Units: 4
  • Number2 Br Units: 4
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Total Sq Ft: 7000

Garage/Parking

  • Type: Apartments

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Zoning: Res

Multi Family

  • Number Of Units: 8

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

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 Change Sq Ft Price
01/23/2019 01/23/19 Sold $495,000 -4.6% $71 / Sq Ft
10/03/2018 10/03/18 For Sale $519,000 -- $74 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Calvin Borisuk

    Heritage Real Estate Sales LLC

    Section Image
  • Edgar Wilson

    Buyer's Agent in 2019

    Edgar Wilson

    Circa Real Estate

    (843) 839-9575

    44 Total Sales

    Edgar Wilson
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1820051

Coastal Carolinas Association of REALTORS®
South Carolina Horry County Murrells Inlet 29576

411 Cambridge Cir, Murrells Inlet, SC

This home is located at 411 Cambridge Cir, Murrells Inlet, SC 29576 since 03 October 2018. This property was built in 1984. 411 Cambridge Cir is a home located in Horry County with nearby schools including Seaside Elementary, St. James Middle School, and St. James Intermediate.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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