309 E Calhoun St. , Dillon

$710,000

MLS#: 2401614 Property Type: Residential Address: 309 E Calhoun St. City / Zip: Dillon, 29536 Area: 31A Other counties in South Carolina County: Dillon Neighborhood: Outside of Horry & Georgetown counties Bedrooms: 1 Bathrooms: 1 Acres: 0.11 Year Built: 1977 Date Listed: 01/20/2024

Agent's Comments

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.


*Listing is provided courtesy by Deona Adams, Carolina Coast & Country
Amenities
Interior Features
External Features
  • Parking: Driveway
Additional Features
  • County: Dillon
  • Status Date: 2024-01-23
  • Year Built: 1977
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