1101 Dunbar St., Myrtle Beach

$555,000

0 Bed
0 Bath
2,976 Sqft
0 Acre
0 Garage

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!

Essential Information
MLS® #2600195
Price$555,000
Bathrooms0.00
Square Footage2,976
Acres0.00
Year Built1950
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address1101 Dunbar St.
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16F Myrtle Beach Area--10th Ave N to 29th Ave N

Amenities
ParkingOther
Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Interior
HeatingElectric
CoolingWallWindowUnits
Exterior
ExteriorBlock
FoundationSlab
Lot Description

City Lot, Rectangular, Rectangular Lot

School Information
ElementaryMyrtle Beach Elementary School
MiddleMyrtle Beach Middle School
HighMyrtle Beach High School
Additional Information
Days on Website6
ZoningRMM
Listing Details
OfficeKeller Williams The Forturro G
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