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Sold for $880,000 on 03/18/24
  • $880,000

    7301 Porcher Dr., Myrtle Beach, SC 29572

    --beds
    --baths
    4,125sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $870,700 Zestimate®
    $213/sqft
    $1,371 Estimated rent

    What's special

    This is a super rare opportunity to own a 5-plex multifamily dwelling walking distance to the beach and some of the best restaraunts in Myrtle Beach. All 5 units are currently rented with long term renters in place. 3 of the units have been totally renovated with LVP/laminate flooring/new carpets, updated bathrooms, etc. The remaining 2 units have older-features with tenants in place that have lived there approx 10 years. Bringing in incredible rental income each month. Water is included in their rent- seller pays 1 water bill for all 5 units, and City of MB utility company includes weekly trash pick up (5 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. The crawlspace recently has been completely redone. All new fencing in the back to give each unit a private fenced-in backyard area. Large corner lot with beautiful mature oaks surrounding, located just 2 blocks to the beach! Parking lot has been resealed with new parking bumpers added, newly painted exterior doors & shutters, updated landscaping & tree trimming, new fencing in the back yards, roof replaced in 2017. 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 a 5 minute walk to the ocean.

    Zillow last checked: 7 hours ago

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

    Listed by:

    The Mills Group 843-252-0847,

    Century 21 Barefoot Realty

    Bought with:

    Colby Stopper Group

    Colby Stopper Group EXP Realty

    Source: CCAR,MLS#: 2403857MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 4,125
    • Total interior livable area: 4,125 sqft

    Property

    Parking
    • Parking features: Two Spaces
    Lot
    • Features: Corner Lot, City Lot
    Details
    • Additional parcels included: ,
    • Parcel number: 42104030005
    • Zoning: RMH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Veneer
    • Foundation: Crawlspace
    Condition
    • Resale
    • Year built: 1969

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity 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
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $870,700
    2% more+ $17,414
    With Zillow Showcase(estimated)
    $888,114