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$710,000

Status: For Sale

Property type: Detached House
Year built: 1977
List Date: 2023-12-05
Lot Size: 0.1100 acres
Area
500 ft2
Bedrooms
1
Full Baths
1
Days For Sale
148

Amenities

  • Other

Description

The Dillon Investment Portfolio in Dillon, SC. Dillon is strategically located off of I-95, just a short drive from the North Carolina line, the attractions of South of the Border, and the beautiful, sandy shores of Myrtle Beach. This is a stabilized portfolio that offers an investor the rare opportunity to acquire well constructed investment real estate assets that offer immediate cash returns and adds depth and diversity to any investment portfolio. This offering includes seven single family homes. Six units are rented to stable tenants at rates offering the opportunity for 15-20% increases. Five of these homes cover a full block. Not all bedrooms in single family units are conforming. The opportunity to keep as rentals or build a new rental development on the block is available. Additionally, this portfolio offers five commercial units, three of which are contiguously located in the heart of downtown Dillon. One unit has been completely renovated and is rented to a stable tenant. The two adjoining units have been partially renovated. These spaces could serve as a restaurants, bars, storefronts for retail, or any service based setting. The opportunities truly are endless! The two remaining commercial units are in the form of a commercial duplex. This building offers excellent exposure as it is located on Highway 301, one of the most heavily travelled roadways offering a direct path to Myrtle Beach.

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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

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    Listing Provided by Carolina Coast & Country

    309 Calhoun St., Dillon, SC 29536
    MLS #29536
    $710,000
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