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505 6th Avenue North

Myrtle Beach SC 29577

6500 sq. ft.
Apartment
Currently for sale - view listing

Overview

Prime investment opportunity in Myrtle Beach! This 9-unit multi-family property is just two blocks from the ocean and one block to downtown Myrtle Beach where the new Arts Innovation district is under construction with entertainment, restaurants and shopping. Featuring a mix of six 2-bed/1.5-bath units, two 2-bed/1-bath units, and one 1-bedroom unit, most have been updated with new flooring, appliances, and fresh paint. The building is primarily tenant-occupied, generating immediate cash flow. Separate electric meters for each unit, with water included in rent. Zoned commercial, allowing for both long-term and short-term rental options. Don't miss this high-potential income property in a prime coastal location right near downtown Myrtle Beach that is growing fast!

Features

6500 sq. ft. floor area
Apartment

Happy sellers in Myrtle Beach

71%
71% of sellers in Myrtle Beach reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in Myrtle Beach over the last 12 months.

Local market activity for apartments in Myrtle Beach

In the last 12 months, 4 apartments similar to 505 6th Avenue North, have been sold.

This represents a 33% decrease in apartments sales when compared to the previous 12 months.

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