6501 Somerset Dr.
Myrtle Beach, 29572 · Oakland Heights
Sold $910,000
Listed at $989,990
About this property
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!
Listed by Keller Williams The Forturro G. Information deemed reliable but not guaranteed.
Property details
- Status
- Closed
- Property type
- Apartment
- Units
- 8
- Bedrooms
- Per unit — see description
- Bathrooms
- Per unit — see description
- Living area
- 4,960 sqft
- Year built
- 1971
- Subdivision
- Oakland Heights
- County
- Horry
- Days on market
- 84
- HOA
- None
- MLS #
- 2513134
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