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Coastal Carolina Group

Innovate Real Estate-Coastal Carolina Group

sellingcoastalcarolinas@gmail.com

Listed by Lee Ohana • Keller Williams The Forturro G

$ 1,090,000

Est. payment -/mo

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Active

6501 Somerset Dr. Myrtle Beach, SC 29572

4,960 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $219

Subdivision Oakland Heights

MLS Listing ID 2513134

Construction Status Resale

HOA Y/N No

Year Built 1971

Property Sub-Type Apartment

Source CCAR

Property Description

Attention Investors! Exceptional Opportunity Awaits! Don't let this incredible chance to own a well-maintained brick eight-unit building slip away! Located just blocks from the beautiful shores of Myrtle Beach, SC, this property sits on a generous corner lot measuring 125 by 117. It's truly a standout investment in an outstanding location. Five of the eight units were fully renovated in 2021, showcasing modern finishes and appealing amenities that will attract quality tenants. The property's exterior was also updated that year, boosting its overall charm and curb appeal. Each unit features a spacious kitchen with an island, an oversized bedroom with plenty of closet space, and a full bath, making them a desirable choice for renters. With all units currently occupied, you can begin generating income right away! Additional features include individual storage units for tenants at the back of the property. Enjoy being surrounded by shopping, exceptional dining, parks, and the beach—all just a short walk away. Tenants are responsible for their electricity, cable, internet, and phone, while the owner covers water and sewer expenses, creating a balanced financial structure. Best of all, there's NO HOA to manage! This is a prime investment opportunity that is sure to go fast! Contact the listing agent today to arrange a viewing. Note: The unit pictured is the one that has not yet been renovated. Don't miss out on this chance to invest in a thriving area with immense potential!

Location

State SC

County Horry

Community Oakland Heights

Area 16D Myrtle Beach Area--48Th Ave N To 79Th Ave N

Building/Complex Name Oakland Heights

Zoning Commercial

Interior

Heating Central, Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Other

Utilities Available Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available

Building

Lot Description Corner Lot, City Lot, Rectangular, Rectangular Lot

Foundation Slab

Water Public

Construction Status Resale

Schools

Elementary Schools Myrtle Beach Elementary School

Middle Schools Myrtle Beach Middle School

High Schools Myrtle Beach High School

Others

Senior Community No

Tax ID 42106010133

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Coastal Carolina Group

Client Care Specialist

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