Three duplex buildingsFunctional two-bedroom layout
Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!
227 days
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271
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21
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Zillow last checked:
Listing updated:
Listed by:
Jeff FormanCell:843-902-4325,
Keller Williams The Forturro Group
Source: CCAR,MLS#: 2600195Originating MLS: Coastal Carolinas Association of Realtors
Facts & features
Interior
Heating
Electric
Cooling
Wall/Window Unit(s)
Interior area
Total structure area: 2,976
Total interior livable area: 2,976 sqft
Property
Parking
Parking features: Other
Lot
Size: 0.3 Acres
Dimensions: 78' x 169' x 78' x 169'
Features: City Lot, Rectangular, Rectangular Lot
Details
Additional parcels included: ,
Parcel number: 42416010052
Zoning: RMM
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes
Materials
Block
Foundation: Slab
Condition
Resale
Year built: 1950
Utilities & green energy
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available