This site refreshes every 15 minutes, so the listings are always live, fresh, and current from all SC major market MLS boards with the newest properties
$1,525,000

Status: For Sale

Property type: Triplex
Year built: 2000
List Date: 2024-05-24
Area
5250 ft2
Days For Sale
245

Amenities

    Description

    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!

    What's YOUR Home Worth?

    Schools

    6-8 SPED Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    905 International Drive
    8439038420
    Public
    6-8 SPED
    150 Revolutionary War Way
    8434888896
    Public
    6-8 SPED

    9-12 SPED Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    895 International Drive
    8439038460
    Public
    9-12 SPED
    557 George Bishop Parkway
    8432865990
    Public
    9-12 SPED
    700 Gardner Lacy Road
    8432367997
    Public
    9-12 SPED

    K-10 Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    2351 Carolina Forest Blvd.
    843-236-1452
    Private
    K-10

    K-12 Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    291 Ronald McNair Blvd.
    843-236-6222
    Private
    K-12

    K-8 SPED Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    191 River Landing Boulevard
    8432363689
    Public
    K-8 SPED

    PK-5 Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    950 International Drive
    8439038400
    Public
    PK-5

    PK-5 SPED Schools in 29579

    Name
    Address
    Phone
    Type
    Grade
    285 Carolina Forest Boulevard
    8432360001
    Public
    PK-5 SPED

    Show on the map:
    Road Map
    Fly by view
    Street view

    James Schiller

    Realtor, Brand Name Real Estate

    Happy Clients

    SEE THIS PROPERTY



      jenn@palmettopropertiessc.com

      ©2025CTMLS,GGMLS,CCMLS& CMLS

      The 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

      Listing Provided by Palmetto Properties SC

      2201 John Henry Ln., Myrtle Beach, SC 29579
      MLS #29579
      $1,525,000
      SHARE

      SC mortgage interest rates live. View the latest and most current home loan mortgage interest rates in South Carolina.