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


4020 Ohear Avenue, North Charleston, SC 29405
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4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405 4020 Ohear Avenue, North Charleston, SC 29405

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
Contract Info
MLS List Date: 2024-05-02
Status: Closed
List Price: $2,700,000
Current Price: $2,000,000
Primary Structure List Price/SqFt: 258.03
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.
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
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

4020 Ohear Avenue, North Charleston, SC 29405 - MLS# 24011053

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About Me

Josiah Williams was born and raised in the Holy City and loves everything the city has to offer. He believes Charleston has something to offer for everyone; whether you enjoy the outdoors, amazing cuisine or the deep history embedded within this great city.

Contact Info

Josiah Williams Real Estate

3103 Ion Avenue
Sullivan’s Island, SC 29482

Direct: 843.860.0858
Fax: 843.881.0824