1020 Creel St., Conway, SC 29527

$735,000
13,960
SqFt
Sold Price
$735,000
List Price
$780,000
Status
CLOSED
MLS#
1720161
Closing Date
Jul 27, 2018
Days on Market
311
Property Type
Duplex
Total Square Feet
13,960
Total Heated SqFt
13960
Region
21d Conway Central Between 501& 9th Ave / South Of
Year Built
2003

Property Description

Amazing multifamily investment opportunity;10% Cap rate with unlimited potential! Sale includes 5 duplex buildings totaling 10 rentable units. 100% occupancy rate, long term leases in place; most leases are long term with rental rate increases in place; very low operating expenses. Units have been updated and rent very quickly when a rare vacancy occurs. All units are 3 bedrooms, 2/2.5 bath units. Priced well below the July 2017 appraisal. Don’t miss your opportunity to own this income producing property; won’t last long!

Additional Information

Short Sale
Yes
Elementary School
Conway Elementary School
Middle School
Conway Middle School
High School
Conway High School
Exterior Finish
Brick Veneer, Vinyl Siding
Foundation
Slab
Lot Description
Rectangular
Possession
Closing
Utilities Available
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
County
Horry
Neighborhood
Not within a Subdivision
Project/Section
Not within a Subdivision
Amenities
Tenant Allowed Motorcycle
Heating
Central, Electric
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Listing Courtesy Of
Tideland Commercial

Listing courtesy of Listing Agent: Sheena Rote () from Listing Office: Tideland Commercial.

Selling Office: Tideland Commercial.

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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