Description
Incredible investment opportunity just blocks from the beach in the heart of downtown myrtle beach! this 7-unit multi-family property sits on a large corner lot with approximately 150 feet of frontage on 4th avenue and 107 feet on alder street, offering both income potential and future development flexibility. the property features two buildings: a duplex with two 1-bedroom, 1-bath units (units a & b), and a main building with five studio units (units c–g). located within walking distance to broad street, ocean boulevard, and the white sandy shores of the grand strand, this property offers unmatched access to everything myrtle beach has to offer—including top-rated dining, shopping, broadway at the beach, golf, putt-putt, fishing, and year-round entertainment. with strong rental demand and flexible use options—live in one, rent the others, or build new—this is a rare chance to own income-producing real estate in one of the fastest-growing coastal cities in the southeast. whether you’re looking for a stable investment, a redevelopment project, or a hybrid personal-use property, your opportunity is right here—don’t miss out!
Property Type
ResidentialSubdivision
Not Within A SubdivisionCounty
HorryStyle
ResidentialAD ID
49782493
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Property Details
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Exterior Features
Building Information
- Year Built: 1945
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Property / Lot Details
Lot Information
- Lot Description: CornerLot,CityLot,IrregularLot
Property Information
- Subdivision: Not within a Subdivision
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Listing Information
Listing Price Information
- Original List Price: $749900
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Other
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School, Utilities & Location Details
School Information
- Elementary School: Myrtle Beach Elementary School
- Junior High School: Myrtle Beach Middle School
- Senior High School: Myrtle Beach High School
Location Information
- Direction: From Downtown Myrtle Beach, head southwest on US-501 S toward Broadway Street. Continue straight, then turn left onto Robert M. Grissom Parkway. After about 1.5 miles, turn right onto Harrelson Boulevard. Continue for approximately one mile, then turn left onto Alder Street. The property at 401 Alder Street will be on your right.
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BuyOwner last updated this listing 05/19/2025 @ 15:37
- MLS: 2511772
- LISTING PROVIDED COURTESY OF: Darya Wojtyra, Beach One Realty LLC
- SOURCE: CCAR
is a Home, with bedrooms which is for sale, it has 3,000 sqft, 3,000 sized lot, and 0 parking. are nearby neighborhoods.