$2,000,000
4020 Ohear Avenue
North Charleston, SC 29405
MLS# 24011053
Status: Closed
10464 sqft


Front
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Front IMG_2214 Front Front door IMG_2207 IMG_2209 IMG_2191 IMG_2192 IMG_2193 IMG_2194 IMG_2197 IMG_2196 IMG_2195 IMG_2199 IMG_2201 IMG_2202 IMG_2204 IMG_2205 IMG_2206 IMG_2213 IMG_2219

Property 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).

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 258.03
MLS List Date: 2024-05-02
Status: Closed
List Price: $2,700,000
Current Price: $2,000,000
Location, Tax & Legal
Legal Description: LT 1 2 3 4 5 20 & 21 BLK 8
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.
General Property Info
# Stories: 2
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 16
Primary Structure Apx SqFt: 10464
Year Built: 1967
Acreage: 0.87
Status Change Info
Sold Price/SqFt: 191.13
New Mortgage Type: Conventional
Sold Date: 2024-12-05
SqFt Source
Tax Records: 1
Roof
Architectural: 1
Exterior
Brick - Veneer: 1
Foundation
Crawl Space: 1
Architectural Style
More than 4: 1
New Owned/Pre-owned
Pre-Owned: 1
Tenant Pays
Electric: 1
Possession
Tenants Rights: 1
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

IDX
Listing Office: Southeastern Management Group

Last Updated: December - 06 - 2024

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