2201 John Henry Ln., Myrtle Beach

$1,525,000

0 Bed
0 Bath
5,250 Sqft
0 Acre
0 Garage

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!

Essential Information
MLS® #2412646
Price$1,525,000
Bathrooms0.00
Square Footage5,250
Acres0.00
Year Built2000
TypeResidential
Sub-TypeTriplex
StatusActive
Community Information
Address2201 John Henry Ln.
SubdivisionWaccamaw Trace
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29579
Area

24A Myrtle Beach Area--south of 501 between West Ferry & Burcale

School Information
ElementaryRiver Oaks Elementary
MiddleTen Oaks Middle School
HighCarolina Forest High School
Additional Information
Days on Website293
ZoningCFA
Listing Details
OfficePalmetto Properties SC
Property History
Price Reduced from $1,550,000 to $1,525,000
Price Reduced from $1,800,000 to $1,550,000
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