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$349,000

Beds
4
Baths
3.0
sq ft
2,675

4300 Summit Trl, Myrtle Beach, SC 29579

4300 Summit Trl

Myrtle Beach, SC 29579

  • 8 days on market
Prime investment opportunity in the desirable Forestbrook area! This property offers strong rental income potential with three distinct units, making it perfect for investors or multi generational families! The main unit has new flooring that freshens up the place. The upstairs studio has its own private entrance above the main 2 bed unit. The other studio is to the left with its own door for access. Both studios have mini-splits, the main unit has a newer HVAC unit. This property is in the Forestbrook school district and conveniently located near plenty of shopping, dining, and entertainment. Whether you're looking to rent all three units or live in one and lease the other two, this is a great opportunity! All information is deemed approximate, not guaranteed. Buyer to verify any and all pertinent information.

Details

Property type

Single Family Residence

Est. home value

$340,296

Lot size

0.26 acres

Price per sq ft

$131

Year built

1992

HOA

Yes

Price History

03/24/2025
MyrtleBeach

MyrtleBeach #2507302

Listed
$349,000
+57.21%
12/16/2022
MyrtleBeach

MyrtleBeach #2221040

Sold
$222,000
+85%
04/10/2017
MyrtleBeach

MyrtleBeach #1621528

Sold
$120,000

Schools & Community

Elementary school: 

Forestbrook Elementary School

Middle school: 

Forestbrook Middle School

High school: 

Socastee High School

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Anderson Brothers Bank

Loan start date

December 2022

Original loan amount

$223,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial, 4 year

Seller

Ronald Vincent Real Estate Hld

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 7:00 PM

Listing updated: 03/31/2025 at 5:06 PM

Listed by: Chris Farrell, Keller Williams Innovate South Phone #: (843) 443-9400

MLS: MyrtleBeach #2507302

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