$1,399,975 | N/A beds | N/A full baths | N/A half baths | 13,960 sqft
Conway, SC 29527
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 13,960SqFt
- 2003Year Built
- 0.00Acres
- MLS# 2016450
- Residential
- Duplex
- Sold
- Approx Time on Market8 months, 17 days
- AreaConway Central Between 501& 9th Ave / South of 501
- CountyHorry
- Subdivision Not within a Subdivision
Overview
Amazing investment opportunity! Five FULLY RENOVATED brick Duplexes (10 units total) on with new tenants and leases in place. Located in growing Conway, SC., home to Coastal Carolina University and just 25 minutes from Myrtle Beach! PLEASE DO NOT DISTURB TENANTS. All units have 3 Bedrooms and are fully renovated and brand-new inside with new flooring, new paint, new appliances, kitchens and fixtures! Owner has done extensive renovations to all units over the past year and has placed all new tenants in the units. The hard work is done, just collect your rent! All units have 3 bedrooms. 8 of the 10 units have 2 bathrooms and 2 units have 2.5 baths (units G&H). Units are roughly 1,295 sq ft each (2.5 bath units are a bit larger). The 2.5 bath units have owner’s suite and half bath downstairs with other 2 bedrooms and full bath upstairs. The 2 bath units have the owner’s suite and 1 additional bedroom and full bath downstairs and larger third bedroom upstairs. 8 Units have tenants in place with year-long leases. The 2 remaining units have applications pending at the same rate and expected occupancy Sept 1. Property management is in place for turnkey investment or bring your own management. The duplexes are in a small development of 7 duplexes (two owned by separate owner and not included in this sale). These units are Units C, D, E, F, G, H, I, J, M & N. 4 Duplexes are on one parcel and 1 duplex on another parcel. PLEASE CONTACT to schedule showing of vacant unit (until occupancy).
Sale Info
Listing Date: 08-07-2020
Sold Date: 04-25-2021
Aprox Days on Market:
8 month(s), 17 day(s)
Listing Sold:
5 Year(s), 2 month(s), 16 day(s) ago
Asking Price: $1,595,000
Selling Price: $1,306,500
Price Difference:
Reduced By $93,475
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa Frequency: Monthly
Hoa: No
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
New Construction: No
Year Built: 2003
Mobile Home Remains: ,No,
Zoning: R1
Construction Materials: BrickVeneer
Buyer Compensation
Exterior Features
Spa: No
Foundation: Slab
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Parking Type: TwoSpaces
Open Parking: No
Attached Garage: No
Green / Env Info
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.00
Land Lease: No
Lot Description: Rectangular, RectangularLot
Misc
Pool Private: No
Offer Compensation
Other School Info
Property Info
County: Horry
View: No
Number of Units Total: 10
Senior Community: No
Stipulation of Sale: None
Property Sub Type Additional: Duplex,MultiFamily
Property Attached: No
Security Features: Firewalls
Disclosures: LeadBasedPaintDisclosure
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2021-04-25T00:00:00
Sqft Info
Total Sqft: 13960
Living Area Source: Other
Sqft: 13960
Tax Info
Unit Info
Utilities / Hvac
Heating: Electric, ForcedAir
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Waterfront: No
Schools
Elem: Pee Dee Elementary School
Middle: Whittemore Park Middle School
High: Conway High School
Courtesy of United Brokers Ltd.
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