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Sold for $480,000 on 04/05/24
  • $480,000

    606 Collins St., Myrtle Beach, SC 29577

    --beds
    --baths
    2,015sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1976
    -- sqft lot
    $468,600 Zestimate®
    $238/sqft
    $1,633 Estimated rent

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    $1,633/mo

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    $1,633/mo

    Rent Zestimate®

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    $2,574/mo

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    $2,574/mo

    Est. payment

    What's special

    This is a super rare opportunity to own a 4-plex multifamily dwelling located just 5 minutes to the beach and some of the best restaurants in Myrtle Beach. All 4 units are currently rented with long term renters in place. 3 of the units have been totally renovated with tile flooring, updated bathrooms, appliances, etc. The remaining unit has older-features with tenants in place that have lived there more than 10 years. Each unit also has its own approx 5x5 storage room on the backside of the building. Bringing in incredible rental income each month. Water is included in their rent- seller pays 1 water bill for all 4 units, and City of MB utility company includes weekly trash pick up (4 trash cans). Yearlong leases for each tenant, with a 60-day kick out clause if new owners want to give any of the tenants notice after closing. Large lot with plenty of parking and guest parking, located just a few blocks to the beach! Parking lot has been resealed recently, & roof replaced 2018 by prior owners. This is an incredible investment opportunity to bring in immediate income upon closing, right in the heart of Myrtle Beach. Close to schools, grocery, dining, shopping and entertainment, and just 5 minutes to the ocean.

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 10:59am

    Listed by:

    The Mills Group Team 843-252-0847,

    Century 21 Barefoot Realty

    Bought with:

    The Davis Team

    EXP Realty LLC

    Source: CCAR,MLS#: 2405280MLS Logo

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total structure area: 2,015
    • Total interior livable area: 2,015 sqft

    Property

    Parking
    • Parking features: Two Spaces
    Lot
    • Features: City Lot
    Details
    • Additional parcels included: ,
    • Parcel number: 44305010036
    • Zoning: Res
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick Veneer, Masonry
    • Foundation: Slab
    Condition
    • Resale
    • Year built: 1976

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

    Community & neighborhood

    Community
    • Community features: Long Term Rental Allowed
    Location
    • Region: Myrtle Beach
    • Subdivision: Not within a Subdivision

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $468,600
    2% more+$9,372
    With Zillow Showcase(estimated)$477,972