Viewing Listing MLS# 2316162

$799,900 | N/A beds | N/A full baths | N/A half baths | 3,214 sqft

$720,000
701 24th Ave. S
North Myrtle Beach, SC 29582
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 3,214SqFt
  • 1974Year Built
  • 0.00Acres
  • MLS# 2316162
  • Residential
  • Triplex
  • Sold

  • Approx Time on Market1 month, 7 days
  • AreaNorth Myrtle Beach Area--Crescent Beach
  • CountyHorry
  • SubdivisionNot Within A Subdivision

Overview

Look no further than this prime investment opportunity for your next profitable venture. Formerly a quadraplex, this property has been transformed into a lucrative triplex that has been consistently generating impressive income since 2021. This well-maintained, low-maintenance multi-family beach house is all set to offer a warm welcome to your future renters unforgettable beach getaway. Convenience and comfort abound with outdoor showers, a designated grilling area, and individual front deck spaces for each unit, all just steps away from the beach access point. Each unit boasts its own unique features that cater to both short-term and long-term renters, ensuring a diverse and consistent stream of occupancy. Here's a breakdown of what each unit offers: Unit A/B: This spacious first floor unit features 3 bedrooms and 2 bathrooms, a fully equipped kitchen, private laundry facilities, and direct access to a deck for relaxation and enjoyment. Unit C: Offering 1 bedroom and 1 bathroom, this unit also comes with a full kitchen and durable laminate flooring, providing a comfortable and functional space. Unit D: With 2 bedrooms and 1 bathroom, this unit offers a full kitchen and an inviting, open layout that provides ample space for guests and various activities. The added convenience of each unit being fully furnished streamlines your setup process, ensuring you're ready to start generating rental income without delay. Don't miss out on this exceptional opportunity, act now before it slips away and becomes the opportunity that got away!


Sale Info

Listing Date: 08-11-2023

Sold Date: 09-19-2023

Aprox Days on Market: 
    1 month(s), 7 day(s)

Listing Sold: 
    7 month(s), 15 day(s) ago

Asking Price: $799,900

Selling Price: $720,000

Price Difference: 
Reduced By $79,900

Agriculture / Farm

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,

Association Fees / Info

Hoa Frequency:  NotApplicable

Hoa:  No

Community Features:  LaundryFacilities, LongTermRentalAllowed, ShortTermRentalAllowed

Assoc Amenities:  Laundry, OwnerAllowedMotorcycle, PetRestrictions, TenantAllowedMotorcycle

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1974

Mobile Home Remains:  ,No,

Zoning:  R2

Construction Materials:  VinylSiding

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Slab

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Parking Type:  Assigned

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.00

Lot Size:  56 X 135 X 57 X 135

Land Lease:  No

Lot Description:  CityLot, Rectangular

Misc

Pool Private:  No

Pets Allowed:  OwnerOnly, Yes

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  3

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  Triplex,MultiFamily

Property Attached:  No

Security Features:  HeatDetector, SmokeDetectors

Disclosures:  LeadBasedPaintDisclosure

Rent Control:  No

Construction:  Resale

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2023-09-19T00:00:00

Sqft Info

Building Sqft:  3395

Living Area Source:  Other

Sqft:  3214

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  No

Directions

From Hwy 17 Business South (N. Kings Hwy) turn onto 27th Ave. S. Turn Left onto Madison Drive. Turn right onto 24th Ave. S. The triplex is on the left.

Courtesy of Dargan Real Estate 

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On coastalsands.com since Fri, Aug 11th 2023
No Property History recorded for this listing.

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