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$910,000
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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!
Full Property Details
Full Property Details for 6501 Somerset Dr
General
- Sold For: $910,000
- Status: Closed
- Type: Apartment
- Source: 2260
- MLS ID: 2513134
- Added to Site: 234 day(s) ago
Parking
- Parking Features: Other
Location
- Area: 16D Myrtle Beach Area--48th Ave N to 79th Ave N
- County: Horry
- Subdivision: Oakland Heights
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Exterior Const.: Brick Veneer
- Square Feet: 4,960
- Living Area: 4,960 Sq. Ft.
- Year Built: 1971
- Property Condition: Resale
Lot Features
- Lot Dimensions: 125' x 116' x 126' x 117'
- Lot Features: Corner Lot, City Lot, Rectangular, Rectangular Lot
- Zoning: Commercial
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 42106010133
Listed by Keller Williams The Forturro G
Sold by BH & G Elliott Coastal Living
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Schools
Schools serving 6501 Somerset Dr
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 2.4 mi |
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 2.8 mi |
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 2.8 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 2.7 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6501 Somerset Dr
Date
Details
Price
Change
Source
8/19/2025
Sold
$910,000
-8.08%
MLS
7/15/2025
Price Reduced
$989,990
-9.18%
MLS
5/27/2025
Listed
$1,090,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6501 Somerset Dr., Myrtle Beach, SC 29572 (MLS# 2513134) is a Apartment property that was sold at $910,000 on August 19, 2025. Want to learn more about 6501 Somerset Dr.? Do you have questions about finding other Apartment real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

