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307 Flagg St., Myrtle Beach, SC 29577

Show All 28 Photos
For Sale

$260,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 41-50 Years Old
    Age

Explore this Property

Attention investors. Your dream of having an affordable and profitable place by the beach just became a reality. These units are waiting for your flip flops and beach investment portfolio. Each unit is generating approximately 14400 in annual rental income at 1200 per month. Four units are generating approximately 57600 annually, at 4800 monthly rental income. Units 103 and 104 have been painted. This is a block of four, 182 sq ft efficiencies, in the heart of Myrtle Beach. These all have been rented long term, for several years. The same tenants have been in place for several years. Some would like to stay if possible. Two are leaving at the end of September. Refrigerator and kitchenette with dual electric burners keep a simple yet functional kitchen. One block from the beach and a block from the Second Avenue Pier, Ocean Side Villas is a little bit of Myrtle Beach paradise. Enjoy the boardwalk and ocean, then relax out back by the private salt-water pool or just sit out front and enjoy the sites. The pool area has a BBQ grill area, patio furniture and an outdoor shower as well. Private off-street parking. HOA fees include unit electric, water/sewer, Spectrum cable and internet, common electric, outside maintenance and insurance. The owner has four efficiency units for sale at Ocean Side Villas. This listing is offering a package of four units. Any unit can be purchase individually or as part of a package group of 2 units, 3 units or 4 units. All are currently rented without leases. Two units will be vacant at the end of September. See other listings. All of the units are in good to decent condition. A rehab with LVP and paint would increase the overall value in addition to rental potential. Unit 108 (pictured but not for sale) is a great example of what can be accomplished. Buyer and buyer's agent are responsible for confirmation all listing information. Photos are of units 103 and 104. (Empty unit is for photo purposes only)
MLS# 2521772

Courtesy Of Realty ONE Group Dockside

(843) 492-4030

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Brick Veneer

Map and Directions

Directions to 307 Flagg St., Myrtle Beach, SC 29577

Home seller CENTURY 21 The Harrelson Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Harrelson Group

(843) 903-3550
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.