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1101 Dunbar St., Myrtle Beach
Price reduced

1101 Dunbar St.

Myrtle Beach, 29577

$525,000

Reduced from $555,000

Apartment · 6 units 2,976 sqft

Your take

About this property

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!

Property details

Status
Active
Property type
Apartment
Units
6
Bedrooms
Per unit — see description
Bathrooms
Per unit — see description
Living area
2,976 sqft
Year built
1950
Subdivision
None
County
Horry
Days on market
192
HOA
None
MLS #
2600195

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Parcel / PIN42416010052

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MLS #2600195 · Listed by Keller Williams The Forturro Group
Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.