MLS# 24011053 | 4020 Ohear Avenue North Charleston SC | Edgewood subdivision
843-225-7007
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North Charleston, SC 29405
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 10,464SqFt
- 1967Year Built
- 0.87Acres
- MLS# 24011053
- Multi Family
- Sold
- Approx Time on Market7 months, 2 days
- AreaNorth Charleston Inside I-526
- CountyCharleston
- Subdivision Edgewood
Overview
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).
Sale Info
Listing Date: 05-02-2024
Sold Date: 12-05-2024
Aprox Days on Market: 
7 month(s), 2 day(s)
Listing Sold: 
8 month(s), 0 day(s) ago
Original Asking Price: $2,700,000
Asking Price: $2,700,000
Selling Price: $2,000,000
Price Difference From Original:
Reduced By $700,000
Price Difference From Asking:
Reduced By $700,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Building Info
Year Built: 1967
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.87
Lot Size Units: Acres
Acres: 0.87
Lot Sqft: 37897.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 2
Foundation: Crawl Space
Exterior: Brick Veneer
New Construction: No
Roof: Architectural
Property Subtype: No
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: More than 4
Room Info
Sale / Lease Info
Sold Date: 2024-12-05T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Sqft: 10464
Unit Info
Number of Units Total: 16
Utilities / Hvac
Heating: No
Cooling: No
Waterfront / Water
Waterfront: No
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.Courtesy of listing office Southeastern Management Group
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