1101 Dunbar St. | Myrtle Beach | $525,000

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1101 Dunbar St. Myrtle Beach, SC 29577 $525,000

2,976 SQ. FT.

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1101 Dunbar St.Myrtle Beach, SC 29577

For SALE ACTIVE

$525,000

EST. 1,321.55/MO CALCULATE

2,976 SQ. FT.

Property Description

Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!

Property Details

MLS ID2600195
Property TypeMulti Unit - Multiple
Community FeaturesLong Term Rental Allowed
CoolingWall/Window Unit(s)
Days on Site150
ExteriorBlock
HeatingElectric
HOA Fee0/ Monthly
Lot DescriptionCity Lot, Rectangular, Rectangular Lot
Lot Dimensions78' x 169' x 78' x 169'
Lot Size78' x 169' x 78' x 169'
Parcel#42416010052
ParkingOther
Parking NotesOther
SecurityHeat Detector, Smoke Detector(s)
Units6
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
WaterPublic
Year Built1950

Listed By / Shown By

Listed By

Agency Name: Keller Williams The Forturro Group
Agency Phone: 843-443-9400

CCAR MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

CCAR MLS

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