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306 Cedar St
Myrtle Beach, SC 29577
CEDAR VILLAGE · Multifamily Property For Sale · 11 Units

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 4.00 AC
Building Size 11,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1980/2019
Zoning Commercial

Amenities

Unit Amenities

  • Balcony
  • Ceiling Fans
  • Family Room

About 306 CEDAR ST , MYRTLE BEACH, SC 29577

Looking for an investment opportunity with an immediate return? Enjoy an easy and steady income stream from an apartment building in the heart of Myrtle Beach, just minutes to the beach. This property consists of 11 units and two-stories. There is an individual deed for each unit and they can either be operated together or sold off one by one. Each of the units features a living area and kitchen downstairs, two bedrooms and a 1.5 bathroom, and a private courtyard in the back units are currently rented at $950/mo. Tenants pay for their own utilities, All units have separate tax map numbers, Units 1,3,4,5,6.10,11 fully renovated in 2019-2020, and units 2,7,8,9 partially renovated in 2019-2020. See more info in the documents.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 11 $1,025 1,000

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 44304010031
  • 44304010028
Land Assessment
$120,000
Improvements Assessment
$145,287
Total Assessment
$265,287
  • Listing ID: 18558363

  • Date on Market: 2/18/2020

  • Last Updated:

  • Address: 306 Cedar St, Myrtle Beach, SC 29577

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