6501 Somerset Dr. Active Save Request In-Person Tour Request Virtual Tour
Myrtle Beach,SC 29572
Key Details
Property Type 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