$650,000 | N/A beds | N/A full baths | N/A half baths | 6,200 sqft

$600,000
502 6th Ave. N
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 6,200SqFt
  • 1959Year Built
  • 0.00Acres
  • MLS# 2013057
  • Residential
  • Apartment
  • Sold

  • Approx Time on Market9 months, 5 days
  • AreaMyrtle Beach Area--Southern Limit To 10th Ave N
  • CountyHorry
  • SubdivisionHotel Section

Overview

Fantastic Opportunity to own a Multi-family investment property in Myrtle Beach. Units have been mostly updated with new floors, appliances and paint and are mostly tenant occupied. There is an on-site laundry room for all tenants to utilize. All units are metered separately for electric, water is included in the rent. This 9 unit building has 6 2-bed 1 1/2-bath units, 1 1-bedroom unit, 2 2-bed 1 bath units and is located just a block from the ocean and close to restaurants, shops and entertainment. Zoned commercial and can be used for long term or short term rentals. Great Investment property with immediate cash flow and lots of potential.


Sale Info

Listing Date: 06-26-2020

Sold Date: 04-01-2021

Aprox Days on Market: 
    9 month(s), 5 day(s)

Listing Sold: 
   3 Year(s), 1 month(s), 29 day(s) ago

Asking Price: $725,000

Selling Price: $600,000

Price Difference: 
Reduced By $50,000

Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Irrigation Water Rights:  ,No,

Farm Credit Service Incl:  ,No,

Crops Included:  ,No,

Association Fees / Info

Hoa:  No

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1959

Mobile Home Remains:  ,No,

Zoning:  HC2

Construction Materials:  BrickVeneer, WoodFrame

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Slab

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Parking Type:  Other

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.00

Land Lease:  No

Lot Description:  Rectangular

Misc

Pool Private:  No

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  9

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  Apartment,MultiFamily

Property Attached:  No

Disclosures:  LeadBasedPaintDisclosure

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2021-04-01T00:00:00

Sqft Info

Building Sqft:  6500

Living Area Source:  PublicRecords

Sqft:  6200

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  No

Directions

Heading South on Kings Hwy turn right onto 6th Ave N. Building is second building on the right.

Courtesy of Century 21 Broadhurst & Associ 

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On tm-07.myrsoldev3.com since Fri, Jun 26th 2020
No Property History recorded for this listing.

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