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1618 Perrin Drive

North Myrtle Beach SC 29582

3610 sq. ft.
Duplex
Currently for sale - view listing

Overview

Seller is a Realtor and has an ownership interest in this property. Investors dream situated in the desirable area of Crescent Beach in North Myrtle Beach. Situated just 1 block from the beach, this property offers the perfect blend of coastal living and convenience. Imagine waking up to the sound of the waves and enjoying morning walks along the shoreline. Whether you are an investor or seeking a money-making vacation home, the proximity to the beach is a major selling point. 3 units, multiple possibilities- The main unit is a spacious single-family home with 3 bedrooms and 2 bathrooms. It provides ample space for comfortable living, whether you're a full-time resident or using it as a second home. The property also includes a duplex with each unit featuring 3 bedrooms and 2 bathrooms. This setup allows for flexible options: rent out both units, live in one and rent the other, or use them as guest accommodations. With a total of 9 bedrooms and 6 bathrooms across 3 units, there is plenty of room for extended family, friends, or tenants. This property has been massively remodeled, and improved. New roofs, windows, doors, siding, and hvac systems ensure long-term durability and energy efficiency. This property is being sold FULLY FURNISHED. What you see in the pictures is what you will be getting. It is a turn-key operation for the new owners. There is huge income potential given the prime location near the beach. The new owner can expect strong rental demand. Rent out all 3 units for consistent income or use one unit while renting out the others. Current owners have used as a full-time short-term rental since July 1, 2023, and have received a tremendous gross rental income, including dates already booked into the fall of 2024. (See associated docs for gross rental income and a list of improvements and upgrades) Real estate in this area has historically appreciated making it a smart long-term investment. 1618 Perrin presents a unique, and exciting opportunity for investors, beach lovers, and those seeking a versatile property. Don't miss this tremendous opportunity to own a piece of North Myrtle Beach paradise.

Features

3610 sq. ft. floor area
Duplex

Property history for 1618 Perrin Drive

2022
Sold
$730,000
12 Aug 2022 by Ralph Harvey, of ListWithFreedom.com Inc

Happy sellers in North Myrtle Beach

89%
89% of sellers in North Myrtle Beach reported that their sale price either exceeded or met their price expectations.

North Myrtle Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in North Myrtle Beach over the last 12 months.

Local market activity for duplexes in North Myrtle Beach

In the last 12 months, 10 duplexes similar to 1618 Perrin Drive, have been sold.

This represents a 150% decrease in duplexes sales when compared to the previous 12 months.

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