Residential

2201 John Henry Ln., Myrtle Beach

$1,525,000

Bedroom bedrooms

  • MLS #: 2412646
  • Address: 2201 John Henry Ln., Myrtle Beach, SC 29579
  • Date Listed: 5/24/2024
  • Days on Market: 274
  • Subdivision: Waccamaw Trace

Location Location

Agent Comments Agent Comments
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!

Additional Features Additional Features
  • County: Horry
  • Property Type: Triplex
  • Tax Number: 2147483647
  • Year Built: 2000