$1,849,000

Estimated payment $10,074/month

Total Views 608
8 Beds
6 Baths
6,244 Sq Ft
$296 Price per Sq Ft

About This Home

INVESTOR ALERT!!! Welcome to 412 27th Ave N, a fantastic investment property with six completely renovated units. These fabulous income-producing townhouses are located on land zoned MU-H, as per tax records, and are just a short walk from the ocean. Some tenants are already in place. SHORT TERM RENTALS ALLOWED. The two front units, A and D, are approximately 1030 square feet, while the other four units, B, C, E, and F, are 1047 square feet each. Unit C and F feature fenced-in backyards equipped with outdoor seating and grills. Each unit has its own separate water and electric meter, allowing for the option to exclude utilities from rent for higher-income and to reduce the owner’s administrative burden. Step inside each unit to discover a bright, open layout that offers ample space. You’ll find a full-size kitchen with brand-new appliances and comfortable, spacious bedrooms. Each unit is fully furnished and decorated with a modern, minimalist, yet captivating aesthetic. Conveniently located just minutes from local restaurants, shopping, entertainment, and all the attractions Myrtle Beach is famous for, this property presents an ideal investment opportunity. Every unit in this building underwent a comprehensive renovation, incorporating high-end plumbing and electrical building materials. Walls were removed to create larger, more spacious living areas. All doors and windows were replaced as part of this extensive renovation project. Additionally, all showers were converted to tile showers using superior porcelain tiles and modern bath accessories. All kitchen cabinets are brand new, with appliances purchased in 2023. Furthermore, the HVAC units were completely replaced in 2023. The current owner has also invested in a new retaining wall and a privacy fence around the entire building. This is a rare opportunity to own a turnkey investment property that is ready to generate income.

Listing Agent

Efrat Shahar

Coastal Premier RE Services License #62483 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1986

Parking

  • Assigned Parking

Home Design

  • 6,244 Sq Ft Home
  • Brick Exterior Construction

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 6 Units
  • Kennington Townes Condos

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1986
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 12/01/2025
  • Total Heated Sq Ft: 6244
  • Two Bedroom Rent Range: 1900-2100
  • Complex Name: Kennington Townes
  • Misc Structural: Sep. Water Meter, Sep. Electric Meter
  • Number2 Br Units: 6
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: City Of Myrtle Beach
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Total Sq Ft: 6244

Exterior Features

  • Exterior Finish: Brick Veneer

Garage/Parking

  • Parking: Assigned Parking

Utilities

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: MF

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $4,519 $17,745 $12,000 $5,745
2023 $4,519 $5,472 $1,242 $4,230
2021 $1,478 $3,648 $828 $2,820
2020 $1,410 $5,472 $1,242 $4,230
2019 $1,410 $5,472 $1,242 $4,230
2018 $0 $5,346 $1,080 $4,266
2017 $0 $5,346 $1,080 $4,266
2016 $0 $5,346 $1,080 $4,266
2015 -- $5,346 $1,080 $4,266
2014 $1,352 $5,346 $1,080 $4,266
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Sale $1,849,000 -- $296 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 --
Deed $81,000 --
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2528512

Coastal Carolinas Association of REALTORS®

APN: 42411020596