603 Maple St.,Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
Description
Prime Real Estate Investment: Income-Producing Triplex in Myrtle Beach Opportunity Zone. Discover a high-yield real estate investment opportunity at 603 Maple St., situated in the heart of the Myrtle Beach downtown redevelopment area. This well-maintained multi-family property offers a versatile triplex configuration, perfect for investors seeking passive income, portfolio diversification, or a multi-generational living solution. Asset Overview & Financial Potential. This income property consists of three distinct units designed for maximum occupancy rates and tenant retention: Unit Mix: Two 1BR/1BA units and one spacious 2BR/1BA unit. Scalability: Situated on a deep lot, providing significant value-add potential with room for additional construction/expansion in the rear. Low Overhead: Features a low-maintenance exterior and ample off-street parking to optimize Net Operating Income (NOI). Strategic Location & Market Appreciation. Located in a federally designated Opportunity Zone, this property offers unique tax advantages and capital gains incentives for savvy investors. Its "walk score" potential is unmatched: 3 Blocks to the Beach: Prime proximity to the Myrtle Beach boardwalk and coastline. Arts District & Historic Zone: Just 1 block from the new Arts District Superblock and adjacent to the Broadway/Main Street historic revitalization project. Tourism & Infrastructure: Minutes from world-class dining, shopping, and entertainment hubs, ensuring high short-term rental (STR) or long-term lease demand. Investment Highlights. This is a rare turnkey asset in a high-growth coastal market. Whether you are looking to execute a BRRRR strategy, build a rental portfolio, or capitalize on urban renewal, 603 Maple St. delivers outstanding equity potential.
Details
| MLS # | 2528721 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1966 |
| Days On Site | 267 |
| Listing Provided By | Redfin Corporation | Sue Curlett |
Features
| SQ Feet | 2,152 |
|---|---|
| Car Port | Yes |
| Units | 3 |
| Zoning | GR7 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall Window Units |
Exterior
| Security Features | Heat Detector, Smoke Detectors |
|---|---|
| Construction Materials | Wood Frame |
| Foundation Details | Slab |
| Lot Features | City Lot |
Parking
| Parking Features | Carport |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $414,000 low | high Med: $359,900 sqft: 2,152 low | high Med: 1,738 $ / sqft: $192 low | high Med: $208 On site: 267 low | high Med: 56.5 | |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $414,000 low | high Med: $359,900 sqft: 2,152 low | high Med: 1,738 $ / sqft: $192 low | high Med: $208 On site: 267 low | high Med: 56.5 | |
