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401 17th Avenue South

North Myrtle Beach SC 29582

6500 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Just a short walk from the beach and the vibrant shops, restaurants, and entertainment of Main Street North Myrtle Beach, this rare multi-family investment opportunity offers the perfect blend of location, income potential, and long-term value. Situated on two parcels, the property features eight total units, creating multiple streams of rental income in one of the area's most desirable coastal locations. All units are occupied with long-term tenants providing immediate income for the next owner, while North Myrtle Beach's short-term rental allowance in this area offers future flexibility and additional earning potential. Residents enjoy private outdoor storage closets, washer and dryer hookups in every unit, and easy access to everything that makes beach living so appealing. Recent improvements include newer roofs on most buildings within the last seven years, updated windows in many units, and brand-new front porches on the front duplex. Whether you're looking to expand your investment portfolio, generate steady rental income, or capitalize on the growing North Myrtle Beach market, opportunities like this-just steps from the beach---are hard to find.

Features

6500 sq. ft. floor area
Multi-Family

Property history for 401 17th Avenue South

2023
Sold
Undisclosed
09 May 2023
2021
Sold
$500,000
14 Oct 2021
2019
Sold
$600,000
03 Oct 2019

Happy sellers in North Myrtle Beach

90%
90% 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 34 reviews in North Myrtle Beach over the last 12 months.

Local market activity for multi families in North Myrtle Beach

In the last 12 months, 3 multi families similar to 401 17th Avenue South, have been sold.

This represents a 50% decrease in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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