$750,000 | N/A beds | N/A full baths | N/A half baths | 5,846 sqft

$725,000
404 Cedar St.
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 5,846SqFt
  • 1975Year Built
  • 0.00Acres
  • MLS# 2303717
  • Residential
  • Apartment
  • Sold

  • Approx Time on Market1 month, 30 days
  • AreaMyrtle Beach Area--Southern Limit To 10th Ave N
  • CountyHorry
  • Subdivision Hotel Section

Overview

Six unit apartment complex close to downtown Myrtle Beach! This half acre lot has 2 buildings with 6 total units. Each of the units has 2 bedrooms and 1 bathroom with a kitchen and living room. One of the units has an extra room that could be used as an office, or possibly a 3rd bedroom with a little reconfiguration. The complex is close to Broadway St and Myrtle Beach's arts and Innovation District. It's .7 miles to the Ocean and 1.5 miles to Broadway at the Beach. This is an excellent opportunity to add rental income to your investment portfolio.



Sale Info

Listing Date: 02-27-2023

Sold Date: 04-27-2023

Aprox Days on Market: 
    1 month(s), 30 day(s)

Listing Sold: 
   1 Year(s), 6 month(s), 12 day(s) ago

Asking Price: $750,000

Selling Price: $725,000

Price Difference: 
Reduced By $25,000

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:  NotApplicable

Hoa:  No

Community Features:  LaundryFacilities, LongTermRentalAllowed

Assoc Amenities:  Laundry, OwnerAllowedMotorcycle, PetRestrictions, TenantAllowedMotorcycle

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1975

Mobile Home Remains:  ,No,

Zoning:  RMH

Construction Materials:  BrickVeneer

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

Lot Size:  120x180x120x180

Land Lease:  No

Lot Description:  CityLot, Rectangular

Misc

Pool Private:  No

Pets Allowed:  OwnerOnly, Yes

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  6

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  Apartment,MultiFamily

Property Attached:  No

Disclosures:  LeadBasedPaintDisclosure

Rent Control:  No

Construction:  Resale

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2023-04-27T00:00:00

Sqft Info

Building Sqft:  6588

Living Area Source:  Estimated

Sqft:  5846

Tax Info

Unit Info

Utilities / Hvac

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, WaterAvailable

Heating:  No

Water Source:  Public

Waterfront / Water

Waterfront:  No

Directions

Head South down Broadway St from the corner of 501 and Broadway St in Downtown Myrtle Beach. Turn tight on 3rd Ave N. 404 Cedar St will be ahead at the corner of 3rd Ave N and Cedar St.

Courtesy of Century 21 Broadhurst & Associ 

Featured Lender

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Mike Smith

Company Name

818-991-2134
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Description

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On tm-08.myrsoldev3.com since Mon, Feb 27th 2023
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