603 Maple St.

Description

Prime Real Estate Investment: Income-Producing Triplex in Myrtle Beach Opportunity Zone. Discover a high-yield real estate investment opportunity at 603 Maple St., situated in the heart of the Myrtle Beach downtown redevelopment area. This well-maintained multi-family property offers a versatile triplex configuration, perfect for investors seeking passive income, portfolio diversification, or a multi-generational living solution. Asset Overview & Financial Potential. This income property consists of three distinct units designed for maximum occupancy rates and tenant retention: Unit Mix: Two 1BR/1BA units and one spacious 2BR/1BA unit. Scalability: Situated on a deep lot, providing significant value-add potential with room for additional construction/expansion in the rear. Low Overhead: Features a low-maintenance exterior and ample off-street parking to optimize Net Operating Income (NOI). Strategic Location & Market Appreciation. Located in a federally designated Opportunity Zone, this property offers unique tax advantages and capital gains incentives for savvy investors. Its "walk score" potential is unmatched: 3 Blocks to the Beach: Prime proximity to the Myrtle Beach boardwalk and coastline. Arts District & Historic Zone: Just 1 block from the new Arts District Superblock and adjacent to the Broadway/Main Street historic revitalization project. Tourism & Infrastructure: Minutes from world-class dining, shopping, and entertainment hubs, ensuring high short-term rental (STR) or long-term lease demand. Investment Highlights. This is a rare turnkey asset in a high-growth coastal market. Whether you are looking to execute a BRRRR strategy, build a rental portfolio, or capitalize on urban renewal, 603 Maple St. delivers outstanding equity potential.