Bought with NON MEMBER
$2,000,000
$2,700,000
25.9%For more information regarding the value of a property, please contact us for a free consultation.
4020 Ohear Ave North Charleston, SC 29405
10,464 SqFt
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type More than 4
Listing Status Sold
Purchase Type For Sale
Square Footage 10,464 sqft
Price per Sqft $191
Subdivision Edgewood
MLS Listing ID 24011053
Sold Date 12/05/24
Year Built 1967
Lot Size 0.870 Acres
Acres 0.87
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).
Location
State SC
County Charleston
Area 31 - North Charleston Inside I-526
Exterior
Roof Type Architectural
Building
Story 2
Foundation Crawl Space
New Construction No
Schools
Elementary Schools North Charleston
Middle Schools Morningside
High Schools North Charleston
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