$1,200,000

Estimated payment $7,537/month

Total Views 7,413
6 Beds
5 Baths
6,940 Sq Ft
$173 Price per Sq Ft

About This Home

Fantastic Investment Opportunity – 2 Buildings in the Heart of Myrtle Beach Building 1: Four 2-bedroom, 1-bath units Building 2: Four 2-bedroom, 2-bath units (built in 1981) All units are currently rented to long-term tenants. Seven out of eight units have been renovated, including new cabinets, completed in 2023 for the front building and 2024 for the back building. All units also feature new flooring and updated plumbing. There is ample parking available in both the front and back of the property. If you're looking for steady cash flow, strong ROI, and a passive investment in a thriving coastal market, this is the one to see!

Listing Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 07/18/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1981

Home Design

  • 6,940 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Schools

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

Utilities

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

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Estimated Year Built: 1981
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 07/18/2025
  • Total Heated Sq Ft: 6940
  • Two Bedroom Rent Range: 1375
  • Misc Structural: Individual Water Heater, Indiv. Heat & Air
  • Number2 Br Units: 8
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Total Sq Ft: 6940

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

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

Lot Info

  • Zoning: mf

Multi Family

  • Number Of Units: 8

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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Adjusted for Inflation
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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 Prior Sale
07/18/2025 07/18/25 For Sale $1,200,000 +258.2% $173 / Sq Ft
03/09/2016 03/09/16 Sold $335,000 -33.0% $49 / Sq Ft View Prior Sale
12/15/2015 12/15/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $500,000 -- $73 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2517667

Coastal Carolinas Association of REALTORS®