Address
505 28th Ave. S North Myrtle Beach, SC
Price
$ 245,000
Property Attributes
  • MLS#2101698
  • TypePending
  • CountyHORRY
  • CityNorth Myrtle Beach
  • AreaNorth Myrtle Beach
  • NeighborhoodCrescent Beach
  • Zip29582
  • StyleDuplex
  • Price$ 245,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1100
Listing Provided Courtesy Of:
ListWithFreedom.com Inc
Data Source:
Coastal Carolina Associate of Realtors
Property Description

Charming Beach Cottage duplex just steps to the ocean and beach. Both units (2 bedroom and 1 bath) were remodeled two years ago and are fully rented with great long term tenants in place, currently leased month to month. Low maintenance property and very easy to manage. Property feels private sitting back from the road with large beautiful oak trees and a greenbelt to the rear. Each side has their own private fenced yard. NO HOA and property is NOT in a designated flood zone. Looking for a great return on your investment? Check out this property with a CAP of nearly 7% (annual net return). This property is a perfect turn key investment for investors with it's low maintenance. If you are a a homebuyer, you can take advantage of the low down payment, rental income helps to qualify for a loan, low interest rates and local tax breaks for owner occupied. Live in one side and rent the other! Property could also work as a short term vacation rental. Take advantage of the low interest rates and great financing terms out there to get a great return on your investment.

Elementary School Middle School High School
Ocean Drive Elementary North Myrtle Beach Middle School North Myrtle Beach High School
Price History
1/25/2021 Listed $245,000

General Features

#2 Br. Units 2
Stipulation of Sale None
Subdivision SC
Subdivision Crescent Beach
Type Duplex
Utilities Electricity, Sewer, Water Public

Interior Features

Heat/Air Conditioning Central Air, Central Heat
Total Number of Units 2
Unit1 1 Bathroom, 2 Bedroom
Unit2 1 Bathroom, 2 Bedroom

Exterior Features

Exterior Finish Block, Concrete & Steel, Stucco
Foundation Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29582

Price
AVG $390K
$250K
Visits
AVG 63
27
Year Built
AVG 1998
1963
Walkscore
AVG 28
35
Data Provided by Walkscore ® not using MLS data

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