- – beds
- – baths
- 4,960 sqft
- $219 per sqft
- 1971 build
- – on site
Attention Investors! Exceptional Opportunity Awaits! Don’t let this incredible chance to own a well-maintained brick eight-unit building slip away! Located just blocks from the beautiful shores of Myrtle Beach, SC, this property sits on a generous corner lot measuring 125 by 117. It’s truly a standout investment in an outstanding location. Five of the eight units were fully renovated in 2021, showcasing modern finishes and appealing amenities that will attract quality tenants. The property’s exterior was also updated that year, boosting its overall charm and curb appeal. Each unit features a spacious kitchen with an island, an oversized bedroom with plenty of closet space, and a full bath, making them a desirable choice for renters. With all units currently occupied, you can begin generating income right away! Additional features include individual storage units for tenants at the back of the property. Enjoy being surrounded by shopping, exceptional dining, parks, and the beach—all just a short walk away. Tenants are responsible for their electricity, cable, internet, and phone, while the owner covers water and sewer expenses, creating a balanced financial structure. Best of all, there’s NO HOA to manage! This is a prime investment opportunity that is sure to go fast! Contact the listing agent today to arrange a viewing. Note: The unit pictured is the one that has not yet been renovated. Don’t miss out on this chance to invest in a thriving area with immense potential!
Last checked:
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Checking…
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Last updated May 30, 2025
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MLS# 2513134 —
The Building
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Year Built:1971
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Construction Materials:BrickVeneer
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Foundation Details:Slab
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Building Area Total:4960.0
Room Dimensions
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Living Area:4960.0
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Living Area Source:PublicRecords
Financial & Terms
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Listing Terms:Cash,Conventional
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Lease Considered:false
Location
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Latitude:33.741155
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Longitude:-78.832073
The Property
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Property Type:Residential
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Property Subtype:Apartment
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Property Subtype Additional:Apartment,MultiFamily
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Property Condition:Resale
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Lot Features:CornerLot,CityLot,Rectangular,RectangularLot
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Lot Size Dimensions:125' x 116' x 126' x 117'
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Parcel Number:42106010133
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Zoning:Commercial
Listing Agent
- Contact info:
- Agent phone:
- (386) 262-4585
- Office phone:
- (843) 443-9400
The Listing
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Possession:Closing
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Virtual Tour URL Branded:https://properties.williamcoveymedia.com/sites/6501-somerset-dr-myrtle-beach-29572-13122046/branded
Heating & Cooling
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Heating:Central,Electric
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableAvailable,ElectricityAvailable,SewerAvailable,UndergroundUtilities,WaterAvailable
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Water Source:Public
Schools
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Elementary School:Myrtle Beach Elementary School
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Middle Or Junior School:Myrtle Beach Middle School
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High School:Myrtle Beach High School
The Community
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Subdivision Name:Oakland Heights
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Association:false
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Association Fee Frequency:Monthly
Parking
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/27/25
May 27, 2025
|
Listed / Active | CCAR | $1,090,000 | 21.1% (6.7% / YR) |
12/12/24
Dec 12, 2024
|
Listed / Active | CCAR | ||
3/28/22
Mar 28, 2022
|
CCAR | $900,000 | 56.5% |