411 Cambridge Circle Murrells Inlet, SC, 29576
$ 519,000Bedrooms Baths0.0
for $519,000. This home was built in 1984.
This is a rare opportunity to own a 100% occupied true long term money maker. This 8 unit building in Murrells Inlet contains four 1BR/1BA and four 2BR/2BA units and operates at a true 9.5% CAP rate. Entire building went through a complete rehabilitation of both exterior and interior in early 2016 to include: new roofing, Smartside siding, decking, railing, paint, lighting, parking lot, interior paint, new toilets, sinks, kitchen and bath fixtures, countertops, and vanities. Second floor units have all new vinyl plank flooring and all upper level bathroom flooring was replaced with ceramic tile on moisture proof Duroc. All 8 HVAC systems replaced since 2015 and all electrical switches and outlets replaced. Owner is SCREA.
List By Heritage Real Estate Sales Llc
- 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 Murrells Inlet, SC
Average List Price $399,450
Percent of Sale Price 23 %
About Murrells Inlet, SC
63 % Since 2002
$ 47,249 Median Income
55.4 Median Age
16 % Households with Children
Seaside Elementary School Elementary School
Saint James Middle School Middle School
Saint James High School High School