Price Reduced Listing
212 56th Ave. N,North Myrtle Beach, SC 29582
North Myrtle Beach, SC 29582
Description
This is a rare opportunity to purchase a 10BR, 7BA Triplex with in-ground swimming POOL that is in the Cherry Grove section of North Myrtle Beach! This RENTAL MACHINE is situated on a large lot that is just steps to the beautiful Atlantic Ocean! The owners have brought in 6 figures in gross rental income each of the last five years AFTER VRBO/Airbnb fees - and have never rented out the first floor unit! The layout of this Triplex is broken down by 4BR, 3BA on each the top and middle levels and 2BR, 1BA on the first level. The documented GRI is ONLY for the top two floors so there is IMMEDIATE potential to increase the rental income substantially for 2027. The possibilities are endless as this property can be rented out to one large group or each level can be rented out separately. Both short and long term rentals are allowed. The owner has made many improvements including: Roof Replacement (2022); 2nd and 3rd level HVACs: 2020 & 2023; Rear decks: 2025; Bathroom tile, vanities, and toilets: 2025; Hot Water Heaters: 2023; Flooring: 2021; Some appliances: 2025. The 2nd and 3rd floors are laid out the same with both having LVP flooring, granite countertops, large kitchens with lots of cabinets, and a private rear porch overlooking the pool. Two bedrooms have private bathrooms and bedrooms #3 and #4 share a full bathroom. There is also a washer & dryer at the entry of both units! If you are looking for storage, this home has it! There is a massive amount of storage space that is perfect for owner's belongings, additional linens, supplies, etc. Do not miss your opportunity to own this triplex in Cherry Grove!
Details
| MLS # | 2619513 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 87 |
| Listing Provided By | Century 21 Palms Realty | Josh Meetre |
Features
| SQ Feet | 3,796 |
|---|---|
| Pool | Yes |
| Units | 3 |
| Zoning | MF |
| Water Front | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central, Electric |
Exterior
| Security Features | Heat Detector, Smoke Detectors |
|---|---|
| Construction Materials | Vinyl Siding |
| Foundation Details | Slab |
| Lot Features | City Lot, Rectangular, Rectangular Lot |
Parking
| Parking Features | Other |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|
Location
| Community Features | Pool, Long Term Rental Allowed, Short Term Rental Allowed |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | North Myrtle Beach |
| Zip Code | 29582 |
| Area | 11A North Myrtle Beach Area Cherry Grove |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $997,500 low | high Med: $370,000 sqft: 3,796 low | high Med: 1,296 $ / sqft: $263 low | high Med: $285 On site: 87 low | high Med: 48 | |
Market Activity 29582
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | North Myrtle Beach |
| Zip Code | 29582 |
| Area | 11A North Myrtle Beach Area Cherry Grove |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $997,500 low | high Med: $370,000 sqft: 3,796 low | high Med: 1,296 $ / sqft: $263 low | high Med: $285 On site: 87 low | high Med: 48 | |
