Property profile

4097 Mica Ave Little River, SC 29566

OFF-MARKET
Mixed-use properties
Property ID
US77-2024405
0.32 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property in Little River, South Carolina, presents a compelling investment opportunity. Located on a 0.32-acre lot at 4097 Mica Ave, this duplex boasts eight bedrooms and six bathrooms, offering significant rental income potential. The property is conveniently situated just ten minutes from the beach and close to numerous shops and restaurants. One unit features a long-term tenant, ensuring immediate cash flow, while the other unit has undergone extensive renovations in 2024. These renovations include new LVP flooring, granite countertops, repainted cabinets, new appliances (refrigerator, stove/oven, vent, dishwasher, and sink), a new half-bath vanity, new blinds and interior doors, fresh paint throughout, and new A/C units. The master bedrooms are conveniently located on the first floor and include walk-in closets. The remodeled unit (102) is ready for immediate occupancy, while unit (101) can be viewed upon contract. This property offers the flexibility to live in one unit and rent the other ("house hacking") or fully capitalize on the rental income from both units. There are no HOA fees, further enhancing the investment appeal. This is a turnkey investment property poised for strong returns. The asking price is $395,000.

Property profile

Verified
Property type Mixed-use properties
Lot 0.32 ac (13,939 SF)
UPID US77-2024405

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4097 Mica Ave Little River, SC 29566
Little River metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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