604 37th Ave N Myrtle Beach, SC 29577  | Multi Family
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$880,000

604 37th Ave N Myrtle Beach, SC 29577
0
Bathrooms
0
acres
1973
Year Built
Multi Family
Property Type
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About This Home

Located in a highly sought-after rental pocket of Myrtle Beach, 604 37th Ave N offers a rare chance to acquire a multifamily asset just a short walk (roughly three blocks) from the beach, a location attribute that consistently supports strong tenant demand and durable occupancy. This building hosts a an excellent unit mix including four 1 bedroom and four 2 bedroom units. From an investor perspective, the upside is straightforward and meaningful. The beach-adjacent setting creates runway for rent growth through renovations and unit modernization, while a professional management approach can improve NOI via expense controls, tighter leasing/collections, and standardizing unit turns. The areaAca?!a?cs mix of year-round renters and coastal demand supports strong absorption, and updated interiors can reposition the asset to compete at the top of its submarket. This aggressively priced building is ready to sell!

Location

604 37th Ave N Myrtle Beach, SC 29577

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Listing Agent

Jeff Forman

Jeff Forman

Keller Williams Innovate South

(11 reviews)
Avg Price Sold$363.1K
Years Experience9
Total Transactions171