300 21st Ave. S
North Myrtle Beach, 29582
Sold $680,000
Listed at $825,000
About this property
Investor Alert – Rare Crescent Beach Multifamily Opportunity! Located in the highly desirable Crescent Beach section of North Myrtle Beach, this exceptional value-add multifamily property sits just one block from the ocean and offers a rare chance to acquire **three income-producing buildings on a single parcel. The property features two duplexes and one quad, totaling eight 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 cash flow while leaving tremendous upside for future rent growth used as short term rental or making improvements and increasing rents. These homes are true diamonds in the rough and, with some strategic renovations, can be transformed into high-performing rental assets in one of the Grand Strand’s most sought-after beach communities. Just steps from the sand, dining, shopping, and entertainment, the location alone makes this a prime candidate for long-term holds, vacation rentals , or repositioning for maximum return. Opportunities like this with multiple buildings, near-ocean, strong upside, and one parcel are increasingly rare. Don’t miss your chance to secure this unique Crescent Beach investment,it will be hard to find a better value this close to the ocean!
Listed by Keller Williams The Forturro Group. Information deemed reliable but not guaranteed.
Property details
- Status
- Closed
- Property type
- Apartment
- Units
- 8
- Bedrooms
- Per unit — see description
- Bathrooms
- Per unit — see description
- Living area
- 4,560 sqft
- Year built
- 1950
- Subdivision
- None
- County
- Horry
- Days on market
- 124
- HOA
- None
- MLS #
- 2600527
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