Viewing Listing MLS# 1923115
Myrtle Beach, SC 29579
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 2,100SqFt
- 1984Year Built
- 0.00Acres
- MLS# 1923115
- Residential
- Duplex
- Sold
- Approx Time on Market2 months, 8 days
- AreaMyrtle Beach Area--South of 501 Between West Ferry & Burcale
- CountyHorry
- Subdivision Tarpon Bay
Overview
Incredible opportunity to purchase a income producing duplex in the Forestbrook area of Myrtle Beach. Duplex is a mirror image with each unit containing 3 bedrooms and 2 full bathrooms. It sits on a large .39 acre corner lot. Each side has a separate laundry/storage room. Side B has a washer and dryer installed for future tenant or owner. Located just west of the Intracoastal Waterway, the property is only 1 mile from Highway 501 and access to Highway 31. This is an excellent location with easy access to the Grand Strand. Property is located in the highly acclaimed Forestbrook School District and another bonus is that there is no HOA, so no additional fees. Side A has an annual lease that was renewed in September 2019. The new owners must honor tenant lease for the next year. The tenant would like to stay under the current lease terms, and the potential of selling the property in 2020 is outlined in the lease. They are good tenants. The other side is currently vacant in case new owner wants to live in one unit and have the other unit pay most of the monthly mortgage. Investors will love the fact that there will be immediate cash flow if you rent both sides. Both units have been updated with new flooring and painted from top to bottom in the last 18 months. Side A has a new water heater and refrigerator installed just over a year ago. Duplex is being sold AS IS no cosmetic repairs. All systems are and will be in in good working condition and roof is in very good condition and leak free. Owner is a South Carolina Realtor. Closing date must be after January 1, 2020.
Sale Info
Listing Date: 10-28-2019
Sold Date: 01-06-2020
Aprox Days on Market:
2 month(s), 8 day(s)
Listing Sold:
4 Year(s), 9 month(s), 26 day(s) ago
Asking Price: $223,925
Selling Price: $225,775
Price Difference:
Increase $1,850
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: No
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
New Construction: No
Year Built: 1984
Mobile Home Remains: ,No,
Zoning: MF
Construction Materials: VinylSiding
Buyer Compensation
Exterior Features
Spa: No
Foundation: Slab
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Parking Type: Other
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
Lot Description: CornerLot, Rectangular
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
Security Features: Firewalls, HeatDetector, SmokeDetectors
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2020-01-06T00:00:00
Sqft Info
Building Sqft: 2400
Sqft: 2100
Tax Info
Tax Legal Description: Lot 129
Unit Info
Utilities / Hvac
Heating: Central
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Waterfront: No
Directions
Heading south on Forestbrook Road from Hwy 501 turn right on Gumbo Limbo then turn on to Southern Cross. This home is on the corner of Shipyard Walk and Southern Cross.Courtesy of Blue Skies Property Management
Featured Lender
Mortgage lender 123
Loans XYZ
Financing 101
MLS# 2419341 
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