1618 Perrin Dr. North Myrtle Beach, SC 29582
Listing Courtesy of: COASTAL CAROLINAS / Better Homes And Gardens Real Estate Paracle / Michael Kotary

  1618 Perrin Dr. North Myrtle Beach, SC 29582

Active (52 Days)
$1,199,000

Description

Seller is a Realtor and has an ownership interest in this property. Investors dream situated in the desirable area of Crescent Beach in North Myrtle Beach. Situated just 1 block from the beach, this property offers the perfect blend of coastal living and convenience. Imagine waking up to the sound of the waves and enjoying morning walks along the shoreline. Whether you are an investor or seeking a money-making vacation home, the proximity to the beach is a major selling point. 3 units, multiple possibilities- The main unit is a spacious single-family home with 3 bedrooms and 2 bathrooms. It provides ample space for comfortable living, whether you're a full-time resident or using it as a second home. The property also includes a duplex with each unit featuring 3 bedrooms and 2 bathrooms. This setup allows for flexible options: rent out both units, live in one and rent the other, or use them as guest accommodations. With a total of 9 bedrooms and 6 bathrooms across 3 units, there is plenty of room for extended family, friends, or tenants. This property has been massively remodeled, and improved. New roofs, windows, doors, siding, and hvac systems ensure long-term durability and energy efficiency. This property is being sold FULLY FURNISHED. What you see in the pictures is what you will be getting. It is a turn-key operation for the new owners. There is huge income potential given the prime location near the beach. The new owner can expect strong rental demand. Rent out all 3 units for consistent income or use one unit while renting out the others. Current owners have used as a full-time short-term rental since July 1, 2023, and have received a tremendous gross rental income, including dates already booked into the fall of 2024. (See associated docs for gross rental income and a list of improvements and upgrades) Real estate in this area has historically appreciated making it a smart long-term investment. 1618 Perrin presents a unique, and exciting opportunity for investors, beach lovers, and those seeking a versatile property. Don't miss this tremendous opportunity to own a piece of North Myrtle Beach paradise.

MLS #:
2416545
Type
Multifamily
Year Built
1948
County
Horry County
Community
Crescent Beach

Listed By

Michael Kotary, Better Homes And Gardens Real Estate Paracle
Source
COASTAL CAROLINAS
Last checked Oct 9 2024 at 6:49 PM EDT
Bathroom Details
Subdivision
  • Crescent Beach
School Information
  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School
Living Area
  • 3,610 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 15, 2024
Price Changed
$1,199,000
-4%
-51,000
Jul 14, 2024
Original Price
$1,250,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS. Data last updated: 10/9/24 11:49