4020 Ohear Avenue, North Charleston, SC 29405
$2,000,000
Property Type:
MultiFamily
Square Footage:
10,464
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$2,700,000
List Date:
5/02/2024
Last Modified:
12/06/2024
Overview
Description
Fully leased 16 unit multi-family opportunity, only 1 mile from popular Park Circle. All units are 1BR/1BA and all were fully renovated in 2021. In addition, there is residual land on the same parcel for potential additional multi-family development (estimated residual acreage is .35). An additional 16 unit structure was located on the property but was destroyed by fire prior to the current owners purchase. Common area coin-operated laundry leased on both floors (revenue split 50/50 with vendor).
Listing Details MLS# 24011053
Location, Tax & Legal
- Tax Map #
- 4701600024
- Street #
- 4020
- Street Name
- Ohear
- Street Suffix
- Avenue
- County
- Charleston
- State
- SC
- Zip Code
- 29405
- Area
- 31 - North Charleston Inside I-526
- Tax District
- 43 - City of North Charleston
- Subdivision
- Edgewood
- Elementary School
- North Charleston
- Middle School
- Morningside
- High School
- North Charleston
- Directions
- From McMillan Ave., turn on St. Johns Ave. At the curve in the road, property turns into OHear Ave. 4020 OHear will be directly on your right.
- Legal Description
- LT 1 2 3 4 5 20 & 21 BLK 8
Contract Info
- MLS List Date
- 2024-05-02
- Primary Structure List Price/SqFt
- 258.03
General Property Info
- Number of Units
- 16
- # Stories
- 2
- Primary Structure Apx SqFt
- 10464
- Year Built
- 1967
- Acreage
- 0.87
- Potential Short Sale
- No
- Other Structures Y/N
- No
Status Change Info
- Sold Date
- 2024-12-05
- Sold Price/SqFt
- 191.13
- New Mortgage Type
- Conventional
SqFt Source
- Tax Records
- Yes
Roof
- Architectural
- Yes
More Information
Exterior
- Brick - Veneer
- Yes
Foundation
- Crawl Space
- Yes
Architectural Style
- More than 4
- Yes
New Owned/Pre-owned
- Pre-Owned
- Yes
Tenant Pays
- Electric
- Yes
Possession
- Tenants Rights
- Yes
Property Features
SqFt Source:
Tax Records
Roof:
Architectural
Exterior:
Brick - Veneer
Foundation:
Crawl Space
Architectural Style:
More than 4
Tenant Pays:
Electric
Possession:
Tenants Rights
Listing Office:
Southeastern Management Group
Last Updated: December - 06 - 2024
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.