411 Cambridge Circle

    Murrells Inlet, SC 29576
    • $519,000
    • STATUS: PENDING SALE - CASH TERMS
    • ON SITE: 110 days
    • MLS #: 1820051
    Under Contract
    $519,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Information

    Elementary School:
    Middle School:
    Listing provided courtesy of Heritage Real Estate Sales Llc.

    Description

    This is a rare opportunity to own a 100% occupied true long term money maker. This 8 unit building in Murrells Inlet contains four 1BR/1BA and four 2BR/2BA units and operates at a true 9.5% CAP rate. Entire building went through a complete rehabilitation of both exterior and interior in early 2016 to include: new roofing, Smartside siding, decking, railing, paint, lighting, parking lot, interior paint, new toilets, sinks, kitchen and bath fixtures, countertops, and vanities. Second floor units have all new vinyl plank flooring and all upper level bathroom flooring was replaced with ceramic tile on moisture proof Duroc. All 8 HVAC systems replaced since 2015 and all electrical switches and outlets replaced. Owner is SCREA.

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    © 2019 Coastal Carolinas Association of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Litchfield Company. Data last updated: 2019-01-22T00:20:29.33.
    www.thelitchfieldcompany.com/homes/88170877

    411 Cambridge Circle Murrells Inlet, SC 29576

    • Price: $519,000
    • Status: PENDING SALE - CASH TERMS
    • MLS #: 1820051
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1984
    Built
    Neighborhood:
    Not within a Subdivision
    County:
    Horry
    Area:
    27B Murrells Inlet - Horry Count
    Elementary School:
    Seaside Elementary School
    Middle School:
    Saint James Middle School
    High School:
    Saint James High School
    Property Description
    This is a rare opportunity to own a 100% occupied true long term money maker. This 8 unit building in Murrells Inlet contains four 1BR/1BA and four 2BR/2BA units and operates at a true 9.5% CAP rate. Entire building went through a complete rehabilitation of both exterior and interior in early 2016 to include: new roofing, Smartside siding, decking, railing, paint, lighting, parking lot, interior paint, new toilets, sinks, kitchen and bath fixtures, countertops, and vanities. Second floor units have all new vinyl plank flooring and all upper level bathroom flooring was replaced with ceramic tile on moisture proof Duroc. All 8 HVAC systems replaced since 2015 and all electrical switches and outlets replaced. Owner is SCREA.
    Interior Features

    Est Sq Ft Under Roof 7000 +/- Sq Ft Range 7000 +/-

    Property Features

    Complex Name Cambridge Place Hoa Paid Frequency Does Not Have Hoa Multifamily Type Apartments One Bedroom Units 4 Stipulation Of Sale None Two Bedroom Units 4

    Listing information © 2019 Coastal Carolinas Association of REALTORS® MLS. Listing provided courtesy of Heritage Real Estate Sales Llc.


    © 2019 Coastal Carolinas Association of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Litchfield Company. Data last updated: 2019-01-22T00:20:29.33.
     
    The Litchfield Company
    14240 Ocean Highway 17
    Pawleys Island SC, 29585
    Listing provided courtesy of Heritage Real Estate Sales Llc.