1408 Dunbar St., Myrtle Beach | Not within a Subdivision

If this property is active (not sold), would you like to see this property? Call Traci at (843) 997-8891 for more information or to schedule a showing. I specialize in Myrtle Beach, SC Real Estate.

$650,000 | N/A beds | N/A full baths | N/A half baths | 4,054 sqft

$550,000
1408 Dunbar St.
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 4,054SqFt
  • 1954Year Built
  • 0.00Acres
  • MLS# 2002590
  • Residential
  • Apartment
  • Sold

  • Approx Time on Market3 months, 8 days
  • AreaMyrtle Beach Area--10th Ave N To 29th Ave N
  • CountyHorry
  • Subdivision Not within a Subdivision

Overview

This property is an 8 Unit Apartment Complex that enjoys a 100% Occupancy Rate and is a proven and reliable income generating investment. The property is located just 3 Blocks from the beach and across the street from The Myrtle Beach Convention Center and Sheraton Hotel making it the perfect place for those tenants who wish to live and work in the area. The Gross Rental Income Statement and Net Operating Income Statement are available and shows a Capitalization Rate of 9.6%. This apartment complex has undergone complete renovation and will provide worry free income to the investor looking for a lucrative property in the heart of Myrtle Beach.



Sale Info

Listing Date: 02-03-2020

Sold Date: 05-12-2020

Aprox Days on Market: 
    3 month(s), 8 day(s)

Listing Sold: 
   6 Year(s), 25 day(s) ago

Asking Price: $650,000

Selling Price: $550,000

Price Difference: 
Reduced By $100,000

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

Community Features:  LongTermRentalAllowed, ShortTermRentalAllowed

Assoc Amenities:  TenantAllowedMotorcycle

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1954

Mobile Home Remains:  ,No,

Zoning:  GR

Construction Materials:  BrickVeneer

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Crawlspace

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

Lot Size:  75x170x74x170

Land Lease:  No

Lot Description:  CityLot, Rectangular, RectangularLot

Misc

Pool Private:  No

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  8

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  Apartment,MultiFamily

Property Attached:  No

Security Features:  FireAlarm, Firewalls, FireSprinklerSystem, HeatDetector, SmokeDetectors

Disclosures:  LeadBasedPaintDisclosure

Rent Control:  No

Room Info

Basement:  ,No,

Basement:  CrawlSpace

Sold Info

Sold Date:  2020-05-12T00:00:00

Sqft Info

Total Sqft:  4054

Living Area Source:  Owner

Sqft:  4054

Tax Info

Tax Legal Description:  Btw Sec; Lt 13 Bl 9

Unit Info

Utilities / Hvac

Heating:  Baseboard, Central

Cooling:  CentralAir, WallWindowUnits

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, PhoneAvailable, SewerAvailable

Heating:  Yes

Waterfront / Water

Waterfront:  No

Directions

From US-17 turn onto 21st Ave. North towards the beach. In 1.1 miles turn right onto Dunbar St. and go .1 mile and property will be on the left.

Courtesy of Century 21 The Harrelson Group 

Featured Lender

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Patrick Dozler

Atlantic Coast Motgage

303-598-8606
[email protected]
https://acmllc.com/patrick-dozler

As a Senior Mortgage Professional, I have helped make people’s dreams come true for the past 25 years. I love what I do! My background and experience in the mortgage industry gives me the definite edge in helping my customers find the right mortgage and get them approved. Not only do I specialize in traditional loan products such as Conventional, Jumbo, VA, FHA, USDA but in specialty loans for business owner and self-employed borrowers that find it difficult to obtain a mortgage through traditional financing. The comments I continually receive from my customers is the appreciation for the great service I provide, truly listening to their needs and communicating with them throughout the process. I have always made it my aim to serve others with the very level of service I would personally want.

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On tracimiles.com since Mon, Feb 3rd 2020
No Property History recorded for this listing.

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