1. South Carolina
  2. Myrtle Beach
  3. 2201 John Henry Ln.
$1,525,000

2201 John Henry Ln., Myrtle Beach, SC 29579

  • 5,250 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $290/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

Investment Opportunity with Immediate Cash Flow and Future Growth Potential 2201 John Henry Lane is a rare gem in Myrtle Beach, offering a turnkey investment with six fully rented units and a solid rental history. With tenants spanning up to 7 years, the property boasts stability and reliable income Recent upgrades, including a 1-year-old roof (30-year lifespan) and new HVAC units replaced in the last two years, ensure low maintenance costs for years to come. The property also has tremendous upside potential. By updating the units, annual rental income could increase to, maximizing your return on investment. Located in a prime area near Myrtle Beach, this property is perfect for investors seeking immediate returns and long-term growth. With self-insurance in place, reasonable taxes, and a competitive insurance quote, operating expenses remain manageable. Additionally, the parcel is currently being surveyed, with a second building being divided into a separate parcel, creating additional opportunities for future development or sale. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers exceptional value and potential. Don’t miss out on this incredible opportunity! Contact us today for more details or to schedule a showing!

Listing Status:
Active
Date Added:
May 24, 2024 at 05:00AM
Listing Office:
Palmetto Properties SC : 864-419-3849
MLS ID:
2412646
  • HOA Amenities: 0.0Monthly
  • Originating MLS: CCAR
  • County: Horry

This listing courtesy of Palmetto Properties SC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Socastee Elementary School

4223 Socastee Blvd, Myrtle Beach, SC, 29588

Grades PK-5

1.20 miles away

F

Forestbrook Middle School

4430 Gator Ln, Myrtle Beach, SC, 29588

Grades 6-8

1.45 miles away

C

Carolina Forest High School

700 Gardner Lacy Rd, Myrtle Beach, SC, 29579

Grades 9-12

5.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.