1405 Dunbar St.

Description

1405 Dunbar Street is a small multifamily income property built for straightforward ownership and consistent rental demand in central Myrtle Beach. The building is commonly configured as five 2-bedroom, 1-bath units, a unit mix that performs well for long-term workforce housing and seasonal tenants alike. With approximately 4,700 square feet on roughly 0.29 acres, the property offers multiple income-producing units on a single parcel in an established in-town location close to the beach, major roadways, shopping, employment centers, and entertainment. From an operational standpoint, the property presents a clean investment profile. Electric service is separately metered, while water and sewer are owner-paid, allowing predictable expense management and clear rent structuring. The layout and density make this a practical asset for an investor focused on steady occupancy rather than heavy repositioning, with potential upside through interior updates, rent optimization, or efficiency improvements over time. This property is well suited for a buy-and-hold investor or portfolio builder seeking a stable multifamily asset in a proven Myrtle Beach rental corridor. As with all older multifamily properties, buyers are encouraged to verify unit count, square footage, zoning compliance, and utility configurations during due diligence. Overall, 1405 Dunbar Street represents a no-frills, income-focused investment where location, density, and simplicity support long-term value.