2201 John Henry Ln Myrtle Beach, SC 29579
Property details
About 2201 John Henry Ln
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!
Highlights
Summary
- MLS Number: 2412646
- MLS Name: CCAR
- Office Name: Palmetto Properties SC
- Office Phone: (864) 419-3849
- Office Email: jenn@palmettopropertiessc.com
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Last updated on: 2/22/2025, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,525,000
2201 John Henry Ln
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
6
Socastee Elementary School
Public District PK-5
1.2 mi
•4223 Socastee Blvd
8
Forestbrook Elementary School
Public District PK-5
1.4 mi
•4000 Panthers Pkwy
7
Palmetto Bays Elementary School
Public District PK-5
3.3 mi
•8900 Highway 544
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,630. Typical income of Myrtle Beach, SC residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
Frequently asked questions
Living in Myrtle Beach, SC
About 2201 John Henry Ln
This home is located at 2201 John Henry Ln in Myrtle Beach, SC and zip code 29579. This 5,250 square foot home was built in 2000. Features: 0 bathroom. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $1,525,000.
Myrtle Beach, SC housing market in January 2025 saw over 17 listings sold above listed price, more than 50 sold at listed price and over 211 sold below. The inventory of homes for sale in Myrtle Beach, SC between December and January 2025 increased by 5.7%. In January 2025, listings were on the market for 128 days. During the same period, the median list price in this real estate market was $325,031.