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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
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).
More Information MLS# 24011053
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
Listing Office:
Southeastern Management Group
Last Updated: December - 06 - 2024
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