2201 John Henry Ln., Myrtle Beach, South Carolina 29579

SC, Myrtle Beach
$1,525,000
  • 5,250 Sqft
  • Residential Property Type
  • 2000 Year Built
  • Active Status
Joshua Carter
Joshua Carter Joshua Carter LLC
  • (843) 213-8812
  • josh@joshuacarter.com
  • 5111 N Kings Hwy Myrtle Beach SC 29577
Property 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!
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2412646
  • Price: $1,525,000
  • Square Footage: 5,250 Sqft
  • Year Built: 2000
  • Status: Active
  • Office Name: Palmetto Properties SC
  • Property Sub Type: Triplex
Address Map
  • Country US
  • State SC
  • County Horry
  • City Myrtle Beach
  • Zipcode 29579
  • Street: John Henry Ln.
  • Street Number: 2201
  • Longitude: W79° 1' 39.5''
  • Latitude: N33° 42' 6.1''
  • Zoning: CFA
  • Directions: Use GPS
  • Mls Area Major: 24A Myrtle Beach Area--south of 501 between West Ferry & Burcale
Neighborhood
  • Elementary School: River Oaks Elementary
  • High School: Carolina Forest High School
  • Middle School: Ten Oaks Middle School
Additional Information
  • Building Size: 5250
  • Number Of Units Total: 6
  • On Market Date: 2024-05-24
Financial
  • Association Fee Frequency: Monthly
Listing Information
  • Co List Agent Mls Id: 18425
  • Co List Office Mls Id: 10356
  • Co List Office Name: Palmetto Properties SC
  • List Agent Mls Id: 14393
  • List Office Mls Id: 10356
  • Mls Status: Active
  • Modification Timestamp: 2025-02-19T15:24:34Z
  • Originating System Name: CCAR
  • Special Listing Conditions: None
  • Subdivision Name: Waccamaw Trace
MLS On The Fly
Property