BEDS0
BATHS
SQUARE FEET2,976
MLS#2600195
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNot within a Subdivision
Property Description
Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 78' x 169' x 78' x 169'
Year Built: 1950
Feature Descriptions
Community Features: Long Term Rental Allowed
Days on Site: 152
Exterior: Block
HOA Fee: 0/ Monthly
Lot: City Lot, Rectangular, Rectangular Lot
Lot Dimensions: 78' x 169' x 78' x 169'
Parcel#: 42416010052
Parking: Other
Parking Notes: Other
Security: Heat Detector, Smoke Detector(s)
Units: 6
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public
Local Schools
High School: Myrtle Beach High School
Middle School: Myrtle Beach Middle School
Elementary School: Myrtle Beach Elementary School
Listed By / Shown By
Listed By
Agency Name: Keller Williams The Forturro Group
Agency Phone: 843-443-9400
Shown By
Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100
Estimate Your Payment
Estimated Payment
$ 1,321.55 per month $1,168.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $153.13 Homeowner's Insurance
1101 Dunbar St. | MLS# 2600195
This multi-family property located at 1101 Dunbar St., Myrtle Beach, SC 29577 is currently listed for sale with an asking price of $525,000. Search Myrtle Beach real estate on www.century21thomas.com today.