MLS# 31003337 | 4020 Ohear Avenue North Charleston SC | subdivision
843-225-7007
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North Charleston, SC 29405
- $258.03Price per SqFt
- 10,464SqFt
- 166Days on Market
- N/AZoning
- 1967Year Built
- Multi FamilyUse
- MLS# 31003337
- Commercial Sales
- Multi Family
- Sold
- Approx Time on MarketN/A
- AreaNorth Charleston Inside I-526
- CountyCharleston
- Subdivision N/A
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: 02-24-2025
Sold Date: 12-05-2024
Listing Sold: 
8 month(s), 5 day(s) ago
Asking Price: $2,700,000
Selling Price: $2,000,000
Price Difference:
Reduced By $700,000
Building Info
Anchored: No
Year Built: 1967
Financial
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.87
Misc
Title: Multi-Family & residual land for development near Park Circle
Offer Compensation
Property Info
Second Property Subtype: Multi Family, Unimproved Land
Zoning: City of North Charleston - R-
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $2,700,000
Property Use Type: Multi-Family
Class Type: Multi Family
Sold Info
Sold Date: 2024-12-05T00:00:00
Sqft Info
Rentable Area: 10464
Unit Info
Utilities / Hvac
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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