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$720,000
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Property Description
Look no further than this prime investment opportunity for your next profitable venture. Formerly a quadraplex, this property has been transformed into a lucrative triplex that has been consistently generating impressive income since 2021. This well-maintained, low-maintenance multi-family beach house is all set to offer a warm welcome to your future renters unforgettable beach getaway. Convenience and comfort abound with outdoor showers, a designated grilling area, and individual front deck spaces for each unit, all just steps away from the beach access point. Each unit boasts its own unique features that cater to both short-term and long-term renters, ensuring a diverse and consistent stream of occupancy. Here's a breakdown of what each unit offers: Unit A/B: This spacious first floor unit features 3 bedrooms and 2 bathrooms, a fully equipped kitchen, private laundry facilities, and direct access to a deck for relaxation and enjoyment. Unit C: Offering 1 bedroom and 1 bathroom, this unit also comes with a full kitchen and durable laminate flooring, providing a comfortable and functional space. Unit D: With 2 bedrooms and 1 bathroom, this unit offers a full kitchen and an inviting, open layout that provides ample space for guests and various activities. The added convenience of each unit being fully furnished streamlines your setup process, ensuring you're ready to start generating rental income without delay. Don't miss out on this exceptional opportunity, act now before it slips away and becomes the opportunity that got away!
Full Property Details
Full Property Details for 701 24th Ave S
General
- Sold For: $720,000
- Status: Closed
- Type: Triplex
- Source: 2260
- MLS ID: 2316162
- Added to Site: 966 day(s) ago
Rental Information
- Lease/Rent Term: Other
Additional Information
- Shared Amenities: Laundry, Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle
- Security/Safety: Heat Detector, Smoke Detector(s)
Parking
- Parking Features: Assigned
Location
- Area: 11C North Myrtle Beach Area--Crescent Beach
- County: Horry
- Subdivision: Not within a Subdivision
- Driving Directions: From Hwy 17 Business South (N. Kings Hwy) turn onto 27th Ave. S. Turn Left onto Madison Drive. Turn right onto 24th Ave. S. The triplex is on the left.
School Information
- Elementary School: Ocean Drive Elementary
- Middle School: North Myrtle Beach Middle School
- High School: North Myrtle Beach High School
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Exterior Const.: Vinyl Siding
- Square Feet: 3,395
- Living Area: 3,214 Sq. Ft.
- Year Built: 1974
- Property Condition: Resale
Lot Features
- Lot Dimensions: 56 x 135 x 57 x 135
- Lot Features: City Lot, Rectangular
- Zoning: R2
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: None
- Disclosures/Reports: Lead Based Paint Disclosure
- Property ID: 35716020039
Listed by Dargan Real Estate
Sold by RE/MAX Executive
Get Pre-Approved Today
Schools
Schools serving 701 24th Ave S
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Ocean Drive Elementary 901 11th Avenue North, North Myrtle Beach, SC 29582 | PK-5 | 3.1 mi |
North Myrtle Beach Middle School 11240 South Carolina 90, Little River, SC 29566 | 6-8 | 3.6 mi |
North Myrtle Beach High School 3750 Sea Mountain Highway, Little River, SC 29566 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 24th Ave S
Date
Details
Price
Change
Source
9/19/2023
Sold
$720,000
-9.99%
MLS
8/11/2023
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 24th Ave. S, North Myrtle Beach, SC 29582 (MLS# 2316162) is a Triplex property that was sold at $720,000 on September 19, 2023. Want to learn more about 701 24th Ave. S? Do you have questions about finding other Triplex real estate for sale in North Myrtle Beach? You can browse all North Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

