2201 John Henry Ln., Myrtle Beach, SC 29579
$1,525,000
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Home Description
Investment Opportunity with Immediate Cash Flow and Future Growth Potential 2201 John Henry Lane is a rare gem in Myrtle Beach, offering a turnkey investment with six fully rented units and a solid rental history. With tenants spanning up to 7 years, the property boasts stability and reliable income Recent upgrades, including a 1-year-old roof (30-year lifespan) and new HVAC units replaced in the last two years, ensure low maintenance costs for years to come. The property also has tremendous upside potential. By updating the units, annual rental income could increase to, maximizing your return on investment. Located in a prime area near Myrtle Beach, this property is perfect for investors seeking immediate returns and long-term growth. With self-insurance in place, reasonable taxes, and a competitive insurance quote, operating expenses remain manageable. Additionally, the parcel is currently being surveyed, with a second building being divided into a separate parcel, creating additional opportunities for future development or sale. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers exceptional value and potential. Don’t miss out on this incredible opportunity! Contact us today for more details or to schedule a showing!
- Property Sub Type: Triplex
- Property Sub Type Additional: Multi Family, Triplex
Available now at $1,525,000
Rooms
- Year Built: 2000
- BuildingAreaTotal: 5250
- NumberOfUnitsTotal: 6
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School Information
- Elementary School:River Oaks Elementary
- Middle School:Ten Oaks Middle School
- High School:Carolina Forest High School
Financial
Area Stats
These statistics are updated daily from the Coastal Carolinas Association of REALTORS® MLS. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(843) 407-3511 and speak with one of our real estate consultants.
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Listing Courtesy of Palmetto Properties SC.
For information or to schedule a viewing of this property (MLS# 2412646), call: 843-407-3511
2201 John Henry Ln., Myrtle Beach SC is a condo of 5250 sqft and
is currently priced at $1,525,000
.
This condo has 0 bedrooms.
In addition to condos, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Myrtle Beach, SC.
Waterside, Grande Dunes Villa Venezia and Carolina Waterway are nearby neighborhoods.
MLS 2412646 has been posted on this site since 5/24/2024 (today).