520 & 526 Boundary Ave. new

Murrells Inlet,SC 29576

$ 1000000

- Bed

- Bath

4861 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,861 sqft

Price per Sqft $205

Subdivision Not Within A Subdivision

MLS Listing ID 2520877

Year Built 1984

Property Sub-Type Quadruplex

Property Description

Excellent Multi-Family Investment Opportunity in Murrells Inlet, SC – Turnkey Condition! Discover this prime investment property located on the mainland of Garden City, Murrells Inlet. Perfectly situated in a desirable area, this all-brick multifamily complex offers immediate income potential and flexibility for future rental strategies. Property Highlights: Consists of two all-brick dwellings, Four spacious units (Two units featuring 2 bedrooms and 2 bathrooms each, Two units offering 3 bedrooms and 2.5 bathrooms each) Separate electric meters for each building, simplifying management. One water meter per building, for efficient utility billing. Current tenants are long standing and are on month-to-month leases. Short-term rental capability, making it versatile for vacation rentals or Airbnb. This well-maintained property is ideal for investors seeking reliable income streams with the potential to enhance profitability through short-term rental opportunities. Its solid construction, excellent location, and flexible leasing arrangements make it a standout addition to any real estate portfolio.

Location

State SC

County Horry

Community Not Within A Subdivision

Area 27A Garden City Mainland & Pennisula

Zoning RES

Interior

Heating Central

Cooling Central Air

Exterior

Community Features Long Term Rental Allowed,Short Term Rental Allowed

Amenities Available Owner Allowed Motorcycle,Pet Restrictions,Tenant Allowed Motorcycle

Building

Foundation Crawlspace

Schools

Elementary Schools Seaside Elementary School

Middle Schools Saint James Middle School

High Schools Saint James High School

Others

Acceptable Financing Cash,Conventional,FHA,Portfolio Loan,VA Loan

Listing Terms Cash,Conventional,FHA,Portfolio Loan,VA Loan

Special Listing Condition None

Pets Allowed Owner Only, Yes

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