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$245,000 | N/A beds | N/A full baths | N/A half baths | 1,100 sqft

$247,500
505 28th Ave. S
North Myrtle Beach, SC 29582
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 1,100SqFt
  • 1963Year Built
  • 0.00Acres
  • MLS# 2101698
  • Residential
  • Duplex
  • Sold

  • Approx Time on Market3 months, 23 days
  • AreaNorth Myrtle Beach Area--Crescent Beach
  • CountyHorry
  • Subdivision Crescent Beach

Overview

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.



Sale Info

Listing Date: 01-24-2021

Sold Date: 05-18-2021

Aprox Days on Market: 
    3 month(s), 23 day(s)

Listing Sold: 
   3 Year(s), 5 month(s), 19 day(s) ago

Asking Price: $245,000

Selling Price: $247,500

Price Difference: 
Increase $2,500

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:  Monthly

Hoa:  No

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1963

Mobile Home Remains:  ,No,

Zoning:  R-2

Construction Materials:  Block, Concrete, Stucco, Steel

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Slab

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.00

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Other School Info

Property Info

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

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2021-05-18T00:00:00

Sqft Info

Building Sqft:  1100

Living Area Source:  Owner

Sqft:  1100

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  ElectricityAvailable, SewerAvailable, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  No

Directions

Located East of Business 17 and only 2 blocks from the beach

Courtesy of Listwithfreedom.com Inc  - ralph@listwithfreedom.com

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On lukeandersonrealestate.com since Sun, Jan 24th 2021
No Property History recorded for this listing.

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MLS IDX data last updated on 11-06-2024 6:15 AM EST.

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