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.
Listing Date: 01-24-2021
Sold Date: 05-18-2021
Aprox Days on Market: 
3 month(s), 23 day(s)
Listing Sold: 
2 Year(s), 11 month(s), 9 day(s) ago
Asking Price: $245,000
Selling Price: $247,500
Price Difference:
Increase $2,500
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Hoa Frequency: Monthly
Hoa: No
Total Baths: 0.00
New Construction: No
Year Built: 1963
Mobile Home Remains: ,No,
Zoning: R-2
Construction Materials: Block, Concrete, Stucco, Steel
Spa: No
Foundation: Slab
Lease Renewal Option: ,No,
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Fireplace: No
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.00
Land Lease: No
Pool Private: No
County: Horry
View: No
Number of Units Total: 2
Senior Community: No
Stipulation of Sale: None
Property Sub Type Additional: Duplex,MultiFamily
Property Attached: No
Rent Control: No
Basement: ,No,
Sold Date: 2021-05-18T00:00:00
Building Sqft: 1100
Living Area Source: Owner
Sqft: 1100
Heating: Central
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Utilities Available: ElectricityAvailable, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront: No
Courtesy of Listwithfreedom.com Inc - ralph@listwithfreedom.com