Myrtle Beach, SC 29579 2201 John Henry Ln.

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Presented By: Palmetto Properties SC;
  • MLS# 2412646
  • 05/24/2024
  • Request Tour
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  • SQFT • 5,250

Home Details

Investment Opportunity with Immediate Cash Flow and Future Growth Potential 2201 John Henry Lane is a rare gem in Myrtle Beach, offering a turnkey investment with six fully rented units and a solid rental history. With tenants spanning up to 7 years, the property boasts stability and reliable income Recent upgrades, including a 1-year-old roof (30-year lifespan) and new HVAC units replaced in the last two years, ensure low maintenance costs for years to come. The property also has tremendous upside potential. By updating the units, annual rental income could increase to, maximizing your return on investment. Located in a prime area near Myrtle Beach, this property is perfect for investors seeking immediate returns and long-term growth. With self-insurance in place, reasonable taxes, and a competitive insurance quote, operating expenses remain manageable. Additionally, the parcel is currently being surveyed, with a second building being divided into a separate parcel, creating additional opportunities for future development or sale. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers exceptional value and potential. Don’t miss out on this incredible opportunity! Contact us today for more details or to schedule a showing!
Presented By: Palmetto Properties SC;

Interior Features for 2201 John Henry Ln.

Other Interior Features

LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 2201 John Henry Ln.

Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Attached Garage No
Carport Y/NNo
CityMyrtle Beach
CountyHorry
DirectionsUse GPS
Electric On Property Y/NNo
Elementary SchoolRiver Oaks Elementary
Garage Y/NNo
HOANo
HOA Fee$0.0
High SchoolCarolina Forest High School
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
MLS Area24A Myrtle Beach Area--south of 501 between West Ferry & Burcale
Middle/Junior High SchoolTen Oaks Middle School
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property Sub Type AdditionalTriplex, MultiFamily
Property SubtypeTriplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameWaccamaw Trace
Waterfront Y/NNo
Year Built2000
ZoningCFA

Exterior for 2201 John Henry Ln.

Building Area Total5250.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo

Additional Details

Price History

Schools

High School Carolina Forest High School
Elementary School River Oaks Elementary
Middle School Ten Oaks Middle School

Katie Grant

Price $1,525,000
MLS#2412646
List Date 05/24/2024
Property Type Single Family
Phone 843.251.6138
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