212 56th Avenue N, North Myrtle Beach, SC 29582

Description

This is a rare opportunity to purchase a 10BR, 7BA Triplex with in-ground swimming POOL that is in the Cherry Grove section of North Myrtle Beach! This RENTAL MACHINE is situated on a large lot that is just steps to the beautiful Atlantic Ocean! The owners have brought in 6 figures in gross rental income each of the last five years AFTER VRBO/Airbnb fees - and have never rented out the first floor unit! The layout of this Triplex is broken down by 4BR, 3BA on each the top and middle levels and 2BR, 1BA on the first level. The documented GRI is ONLY for the top two floors so there is IMMEDIATE potential to increase the rental income substantially for 2027. The possibilities are endless as this property can be rented out to one large group or each level can be rented out separately. Both short and long term rentals are allowed. The owner has made many improvements including: Roof Replacement (2022); 2nd and 3rd level HVACs: 2020 & 2023; Rear decks: 2025; Bathroom tile, vanities, and toilets: 2025; Hot Water Heaters: 2023; Flooring: 2021; Some appliances: 2025. The 2nd and 3rd floors are laid out the same with both having LVP flooring, granite countertops, large kitchens with lots of cabinets, and a private rear porch overlooking the pool. Two bedrooms have private bathrooms and bedrooms #3 and #4 share a full bathroom. There is also a washer & dryer at the entry of both units! If you are looking for storage, this home has it! There is a massive amount of storage space that is perfect for owner's belongings, additional linens, supplies, etc. Do not miss your opportunity to own this triplex in Cherry Grove!