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Four-Unit Multifamily with Metal Roof

1710 Holly Dr. North Myrtle Beach, SC 29582

1710 Holly Dr., North Myrtle Beach, SC, 29582
$679,000
For Sale
Claim this Listing
$679,000

MULTI_FAMILY - North Myrtle Beach, SC

Property Size2,934 SF
Lot Size0.21 Acres
Price / SF$231.42
AddedFeb 10
Days on Market155
Last RefreshJul 15 at 5:06 am

Property Features for 1710 Holly Dr.

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,934 SF
Lot size
0.21 Acres

Utilities

Utilities
Cable Available

Building Details

Year built
1950
Number of units
4

Listing agent Betty Meekins License #107757

Listing office RE/MAX Southern Shores NMB Garden City, SC

Listing date Feb 10, 2026

MLS# 2603548 Listing URL

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This four-unit multifamily property offers separate apartment layouts, with each unit featuring its own kitchen and living and dining areas. The units include outside space via a porch, deck, or patio. Washer and dryer hookups are located on the ground level in a separate room, and the property provides space for off-street parking. The property is described as needing some TLC.

The home sits on a lot listed as 0.21 acres with no HOA. Public remarks note beach access across the street and that local shops and restaurants are minutes away.

Unit mix is provided as one 3-bedroom/1-bath unit and one 2-bedroom/1-bath unit upstairs, plus two additional 2-bedroom/1-bath units on the ground level. The seller notes a metal roof was installed in 2024.

Key Highlights

  • 1950‑built 4‑unit multifamily home on a 0.21‑acre lot with no HOA
  • Beach access is across the street, within a short walk to the beach
  • Unit mix: one 3BR/1BA plus three 2BR/1BA units; each has its own kitchen, living, and dining areas

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.1k $15.36
− Vacancy −$2.3k −$0.77
EGI $42.8k $14.59
− OpEx −$12.8k −$4.38
NOI $30.0k $10.21
2,934 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$428.1K
$374.6K – $499.5K (±1% cap)
NOI $29,969 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$386.9K
$338.6K – $451.4K (±1% cap)
NOI $27,085 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$743.6K
$650.7K – $867.5K (±1% cap)
NOI $52,052 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Nail Salon Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four apartment units each include kitchens and living/dining areas, with metal roofing installed in 2024.
Where is this quadplex located?
The property is located at 1710 Holly Dr. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1950‑built 4‑unit multifamily home on a 0.21‑acre lot with no HOA; Beach access is across the street, within a short walk to the beach; Unit mix: one 3BR/1BA plus three 2BR/1BA units; each has its own kitchen, living, and dining areas
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