List Price: $699,900



Beautiful cabin-style triplex just a short walk to the beach — one of the best income-producing rental properties in the area with a well-established track record, strong guest demand, and returning guests year after year. Located in a highly sought-after coastal location, the property features two separate structures with three private units, each offering its own entrance. • Unit A: 2 bedrooms, 1 bathroom • Unit B: 2 bedrooms, 1 bathroom • Unit C: 2 bedrooms, 2 bathrooms Currently operating as a licensed and successful Airbnb rental, the property has strong rental history, consistent occupancy, and year-over-year income growth. The owner holds Airbnb Superhost status, reflecting the property’s proven performance and guest satisfaction. The triplex has been thoughtfully remodeled and is offered fully furnished. Recent upgrades include a new roof, recently installed HVAC system, updated electrical and plumbing, and full crawlspace encapsulation. A private courtyard connects the two structures, creating a charming outdoor retreat complete with a fountain, swing, outdoor bar, and outdoor shower. A great opportunity for investors seeking a proven income-producing beach property, or for buyers looking to live in one unit while renting the others for additional income.

Address



Street Address:
509 Hillside Dr. S
City:
North Myrtle Beach
State:
SC
Postal Code:
29582

General



MLS Number:
2603831
Subdivision Name:
K Ward LD
Square Feet:
3034
Property Sub Type:
Triplex,
Property Type:
Residential
MLS Status:
Active
Year Built:
1955
Construction Materials:
Other
Parcel Number:
35608030500

Property Details



Cooling:
Central Air
Cooling Yes/No:
Yes
Directions:
Drive southeast on 2nd Ave South. Right to US 17/US Highway 17 South. Left to 6th Ave South/S-26-358. Left to Hillside Drive South/S-26-199. Right to 5th Ave South. Right to Miller Lane.
MLS Area Major:
11B North Myrtle Beach Area--Ocean Drive
Living Area Source:
Owner
Living Area:
3034

Parking



Parking Features:
Other

Association



Association Fee:
$0
Association Fee Frequency:
Monthly
Association Yes/No:
No

Schools



Elementary School:
Ocean Drive Elementary
High School:
North Myrtle Beach High School
Middle Or Junior School:
North Myrtle Beach Middle School

Recent Comparable Sales in K Ward LD



The following are recent closing of bedroom units in K Ward LD. The average closing price per square foot is $267.80. The asking price per square foot of this property is $230.69.

Date ClosedClosing PriceSquare FeetPrice Per Square Foot
08/25/2021$790,0002950$267.80


Listed By



List Agent Full Name:
Steven Koleno
List Office Name:
Beycome Brokerage Realty LLC
Listing Agreement:
Exclusive Right To Sell