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About This Home
This 0-bedroom, 0-bathroom multi-family at 1101 Dunbar St. in Myrtle Beach, SC is listed for $555,000 ($186 per sqft). Built in 1950, the home offers 2,976 sqft of living space on a N/A lot.
Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units.
Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking.
Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!
Key Features
- Built in 1950
Property Details
Monthly Cost Estimate
$2,968/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1101 Dunbar St.
Myrtle Beach, SC 29577
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1101 Dunbar St. is listed at $555,000 ($186/sqft). The estimated monthly payment is $2,405 based on 20% down at 6.5% interest.
Key features include: Built in 1950.
This property is listed by Jeff Forman and can be reached at 8439024325 or jeff@forturro.com.
