412 27th Ave. N,Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
Description
Seize the chance to own a fully upgraded, income-producing property just a short walk from the ocean in the heart of Myrtle Beach. This exceptional asset features six renovated townhouse-style units situated on MU-H zoned land, offering flexibility and strong rental upside. Short-term rentals are permitted, and with some tenants already in place, investors can benefit from immediate income potential. The property includes two front units measuring approximately 1,030 square feet and four additional units at roughly 1,047 square feet each. Select residences feature private fenced backyards with outdoor seating and grills, adding to guest appeal and rental demand. Each unit is individually metered for water and electric, allowing owners to control expenses, simplify management, and enhance profitability. Inside, every unit showcases a bright, open-concept layout with generous living space, full kitchens outfitted with new cabinetry and appliances, and comfortable bedrooms. All units are fully furnished and styled with a modern, clean aesthetic-making this a true turnkey opportunity. Extensive renovations were completed throughout the entire building, including upgraded plumbing and electrical systems, expanded living areas created by reconfigured walls, brand-new doors and windows, and beautifully finished tile showers with contemporary fixtures. All HVAC systems were replaced in 2023, ensuring efficiency and reliability. Additional exterior improvements include a newly constructed retaining wall and full privacy fencing surrounding the property. Ideally located minutes from Myrtle Beach's restaurants, shopping, entertainment, and iconic attractions, this property combines location, condition, and income potential in one compelling package. A rare opportunity to acquire a stabilized, coastal investment ready to perform from day one.
Details
| MLS # | 2623083 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1986 |
| Days On Site | 13 |
| Listing Provided By | Keller Williams The Forturro Group | Jeff Forman |
Features
| SQ Feet | 6,244 |
|---|---|
| Units | 6 |
| Zoning | MF |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central, Electric |
Exterior
| Security Features | Heat Detector, Smoke Detectors |
|---|---|
| Construction Materials | Brick Veneer |
| Foundation Details | Slab |
| Lot Features | City Lot, Rectangular, Rectangular Lot |
Parking
| Parking Features | Assigned |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
|---|
Location
| Community Features | Long Term Rental Allowed, Short Term Rental Allowed |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | City Of Myrtle Beach |
| Listing VS Median (in City Of Myrtle Beach) | |
Price: $1,699,000 low | high Med: $1,699,000 sqft: 6,244 low | high Med: 6,244 $ / sqft: $272 low | high Med: $272 On site: 13 low | high Med: 13 | |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16F Myrtle Beach Area 10th Ave N to 29th Ave N |
| Community Name | City Of Myrtle Beach |
| Listing VS Median (in City Of Myrtle Beach) | |
Price: $1,699,000 low | high Med: $1,699,000 sqft: 6,244 low | high Med: 6,244 $ / sqft: $272 low | high Med: $272 On site: 13 low | high Med: 13 | |
