2018 Perrin Dr. North Myrtle Beach, SC, 29582
$ 549,000Bedrooms Baths0.0 Sq 6,001
for $549,000. This 6,001 square foot home was built in 1950.
This North Myrtle Beach eight unit multifamily property, in the Crescent Beach section is a fantastic opportunity for an investor. Excellent location, only one block off Ocean Blvd and a chip shot to the 21st Ave beach access parking. There is even an ocean view from the building on the corner of Perrin and 21st Ave. The 100% occupied property consist of 3 buildings on a double lot with a total of 6 -two-bedroom units and 2 -one-bedroom units. 4 new tenants are on annual leases, 4 long term tenants are on month to month. Future opportunities could involve Vacation rentals to maximize the return on investment. The Financials look strong and are available upon request of qualified buyers. Great road frontage with 123' on Perrin Drive, 57' on 21st Ave and 50' on Holly Drive. All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.
Lot Description Inside City Limits
Miscellaneous* Excluded Features
Utilities Electric Available Public Water/Sewer Sewer
List By Century 21 Broadhurst
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in North Myrtle Beach, SC
Average List Price $700,853
Percent of Sale Price 28 %
About North Myrtle Beach, SC
36 % Since 2002
$ 50,459 Median Income
55.09 Median Age
11 % Households with Children
North Myrtle Beach Elementary Sc Elementary School
North Myrtle Beach Middle School Middle School
North Myrtle Beach High School High School
|11/14/2018||$549,000|| -15.41 %|| Price Down|
|5/18/2018||$649,000|| ||Listed Price|