Prime multifamily investment opportunity in the heart of Myrtle Beach! Located at 304 2nd Ave N, this well-positioned property consists of seven income-producing units in two separate buildings, ideally situated east of Highway 17 and just a block from the beach, boardwalk, 2nd Ave Pier, dining, and entertainment. The unit mix offers excellent rental flexibility and demand, featuring three 2-bedroom units, one 1-bedroom units, and three efficiencies, making this an ideal asset for both long-term and short-term rental strategies. Short-term rentals are permitted, though the property is currently leased to long-term tenants, providing immediate and consistent cash flow. Located within a designated Opportunity Zone, this asset offers potential tax advantages and long-term appreciation benefits for investors seeking to maximize returns. With strong rental demand, central location, and proximity to all Myrtle Beach attractions, this property is positioned for both stability and upside. Whether youre looking for a performing income property, a value-add opportunity, or a future short-term rental conversion, this centrally located multifamily delivers versatility, cash flow, and long-term growth potential in one of the Grand Strands most active rental markets. Dont miss your chance to own a rare 7-unit asset in Downtown Myrtle Beach for an incredible price opportunities like this are increasingly hard to find.
Hoa Frequency: Monthly
Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
Total Baths: 0.00
Year Built: 1956
Zoning: MU-H
Construction Materials: VinylSiding, WoodFrame
Foundation: Slab
Parking Type: Other
Acres: 0.00
Lot Description: CityLot, Rectangular, RectangularLot
County: Horry
Number of Units Total: 7
Stipulation of Sale: None
Property Sub Type Additional: Apartment,MultiFamily
Security Features: HeatDetector, SmokeDetectors
Construction: Resale
Total Sqft: 3705
Living Area Source: PublicRecords
Sqft: 3705
Heating: Central, Electric
Cooling: CentralAir
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Elem: Myrtle Beach Elementary School
Middle: Myrtle Beach Middle School
High: Myrtle Beach High School
Courtesy of Keller Williams The Forturro Group