604 37th Ave. NMyrtle Beach, SC 29577

Located in a highly sought-after rental pocket of Myrtle Beach, 604 37th Ave N offers a rare chance to acquire a multifamily asset just a short walk (roughly three blocks) from the beach, a location attribute that consistently supports strong tenant demand and durable occupancy. This building hosts a an excellent unit mix including four 1 bedroom and four 2 bedroom units. From an investor perspective, the upside is straightforward and meaningful. The beach-adjacent setting creates runway for rent growth through renovations and unit modernization, while a professional management approach can improve NOI via expense controls, tighter leasing/collections, and standardizing unit turns. The areas mix of year-round renters and coastal demand supports strong absorption, and updated interiors can reposition the asset to compete at the top of its submarket. This aggressively priced building is ready to sell!

• MLS ID2603493
• Property TypeMulti Unit - Multiple
• Association AmenitiesOwner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle
• Community FeaturesLong Term Rental Allowed
• CoolingCentral Air
• Days on Site114
• ExteriorBrick Veneer
• HeatingCentral, Electric
• HOA Fee0/ Monthly
• Lot DescriptionCity Lot, Rectangular, Rectangular Lot
• Parcel#42404040081
• Pets AllowedOwner Only, Yes
• SecurityHeat Detector, Smoke Detector(s)
• Units8
• UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
• WaterPublic
• Year Built1973