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Beach Cottage and Apartments for Sale No Rating Yet
Myrtle Beach, SC
Category: multifamily
Price: $549,000
Year Built: 0
Sq Ft: 6000
Price/sqft: $91.50
Cap Rate: 8.00%
Currently Leased? yes
Expected Market Rent (monthly): $4,850
Description:     Great beach 3BR/1.5BA cottage with six 2BR apartments on the property behind it. Only 1.5 blocks to the ocean! Use the house as a vacation or golf getaway or office. Lease it as an office, short-term vacation rental or long-term rental. The six apartments provide steady income regardless of what you choose to do with the house. Zoned TA-40, can be built up to 40 feet.