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19182815
19182804

510 Ocean Blvd S, Surfside Beach, SC 29575

LO
SC 107044
Keller Williams Innovate South
JF
111037
Keller Williams Innovate South
Listed by Keller Williams Innovate South
$1,690,000
688 days on market
Updated 74 days ago

2nd Row Beach Triplex in Surfside Beach SC!

Details
APN 46107040036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,363
Net Rentable (SqFt) 5,363
Units 3
Cap Rate 10.95%
NOI $185,000
Pro-Forma Cap Rate 13.91%
Pro-Forma NOI $235,000
Price per SqFt $315
Year Built 1982
Year Renovated 2022
Buildings 1
Stories 3
Acreage 0.200
Zoning RES
Investment Type Owner/User
Occupancy Date 07/17/2024
Ownership Saleh & Kaldos

Triplex With Ocean Views In Surfside Beach SC

Marketing description

Attention investors! Here's an incredible opportunity: a fully furnished 10-bedroom property spanning three levels, each complete with a full kitchen, living area, and washer/dryer. This property is a true rental machine! Each level has its own exterior access, allowing for flexible rental options by level if desired. Rent it as a triplex, a duplex, or all 3 units together! The first and second floor come with 4 bedrooms and 2 bathrooms, the third floor is a 2 bedroom and 2 bath unit!

Situated on a double corner lot at Ocean Blvd and 5th Ave, this "2nd row" property offers both proximity to the ocean and a private pool tucked behind the house. Gorgeous Ocean views from most parts of the building! Covered parking adds convenience and protection from the elements.

Don't miss out on this must-see property! Contact us today to schedule a viewing and explore the potential of this prime investment opportunity.

Listing Contacts

LO
SC 107044
Keller Williams Innovate South
JF
111037
Keller Williams Innovate South
Listed by Keller Williams Innovate South

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$185,000.00
$15,416.67/mo

Valuation Metrics

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DSCR
10.95%
Cap Rate
10.95%
ROI

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Additional Information

Name
Lee Ohana
License
107044
Brokerage
KELLER WILLIAMAS THE FORTURRO GROUP
Brokerage Phone
8436121473
Title
REAL ESTATE BROKER
Brokerage Address
1801 North Oak Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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