Investor Alert Exceptional Multifamily Opportunity in Crescent Beach! Located just one block from the ocean in the highly sought-after Crescent Beach section of North Myrtle Beach, this rare investment opportunity features three income-producing buildings situated on a single parcel. The property consists of two duplexes and one four-unit building, totaling eight rental units comprised of five 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Several long-term tenants are already in place, providing immediate income, while substantial upside remains through rent increases, property improvements, or potential conversion to short-term rentals where permitted. With its prime location and flexible investment potential, this property presents an excellent opportunity for investors seeking both current cash flow and future appreciation. Positioned within walking distance of the beach, restaurants, shopping, and entertainment, the property is ideally suited for a variety of investment strategies, including long-term rentals, vacation rentals, or a value-add repositioning project. Opportunities to acquire multiple buildings on one parcel this close to the ocean are increasingly difficult to find. Whether youre looking to expand your portfolio or capitalize on a redevelopment and income-growth opportunity, this Crescent Beach property offers tremendous potential in one of the Grand Strands most desirable coastal markets.
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
Estimated Payment
$ 2,202.58 per month $1,947.37 Principal & Interest $0.00 Property Tax (data not provided by mls) $255.21 Homeowner's Insurance
300 21st Ave. S | MLS# 2615227
This multi-family property located at 300 21st Ave. S , North Myrtle Beach, SC 29582 is currently listed for sale with an asking price of $875,000. Search North Myrtle Beach real estate on www.century21thomas.com today.