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603 Maple St., Myrtle Beach
Pending

603 Maple St.

Myrtle Beach, 29577

$414,000

Reduced from $435,000

Triplex · 3 units 2,152 sqft

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About this property

Prime Real Estate Investment: Income-Producing Triplex in Myrtle Beach Opportunity Zone. Discover a high-yield real estate investment opportunity at 603 Maple St., situated in the heart of the Myrtle Beach downtown redevelopment area. This well-maintained multi-family property offers a versatile triplex configuration, perfect for investors seeking passive income, portfolio diversification, or a multi-generational living solution. Asset Overview & Financial Potential. This income property consists of three distinct units designed for maximum occupancy rates and tenant retention: Unit Mix: Two 1BR/1BA units and one spacious 2BR/1BA unit. Scalability: Situated on a deep lot, providing significant value-add potential with room for additional construction/expansion in the rear. Low Overhead: Features a low-maintenance exterior and ample off-street parking to optimize Net Operating Income (NOI). Strategic Location & Market Appreciation. Located in a federally designated Opportunity Zone, this property offers unique tax advantages and capital gains incentives for savvy investors. Its "walk score" potential is unmatched: 3 Blocks to the Beach: Prime proximity to the Myrtle Beach boardwalk and coastline. Arts District & Historic Zone: Just 1 block from the new Arts District Superblock and adjacent to the Broadway/Main Street historic revitalization project. Tourism & Infrastructure: Minutes from world-class dining, shopping, and entertainment hubs, ensuring high short-term rental (STR) or long-term lease demand. Investment Highlights. This is a rare turnkey asset in a high-growth coastal market. Whether you are looking to execute a BRRRR strategy, build a rental portfolio, or capitalize on urban renewal, 603 Maple St. delivers outstanding equity potential.

Property details

Status
Pending
Property type
Triplex
Units
3
Bedrooms
Per unit — see description
Bathrooms
Per unit — see description
Living area
2,152 sqft
Year built
1966
Subdivision
None
County
Horry
Days on market
223
HOA
None
MLS #
2528721

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Parcel / PIN44304030043

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MLS #2528721 · Listed by Redfin Corporation
Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.