4105 Ohear Avenue North Charleston, SC 29405

$849,500
4105 Ohear Avenue, North Charleston, SC 29405
Call 1-800-839-1363
18010424

Multi-Family Home for sale in North Charleston, SC

for $849,500. This 7,200 square foot home was built in 1960 on a lot size of 0.22 Acre(s).

Property Information

  • $849,500
  • Multi-Family
  • 7,200 Square Feet
  • 2 Story
  • Contingent/Kick Out
  • 2 Floors
  • Lot size of 0.22 Acre(s)
  • Built in 1960
  • North Charleston, SC
  • North Charleston Inside Mark Clark Neighborhood
  • Charleston County
  • MLS/Web ID is 18010424

Description

Tremendous opportunity for investor at 8.4% cap rate with LOW rents to keep current buildings or for a developer to build multi-unit or single family homes. Current building is a 16 unit complex with 14 one-bedroom and 2 two-bedroom units. Plenty of parking. Tenants pay their own utilities. All units have washer hook-ups and a few have washer and dryer hookups. VERY conservative cap rate at 8.4% with rents low. Increase rents to market rate and enjoy a 10.4% cap. Clean units that have been well maintained and always full! Great lot that backs up to the marsh and located next to a community of all brand new homes. Convenient access for tenants to 526 and 26.

Exterior 2

Community Amenities

  • Other

Siding

  • Block Exterior
  • Wood Exterior

† Excluded Feature

Neighborhood & Schools

Elementary School: North Charleston
Middle School: Morningside
High School: North Charleston

 See complete school information

Listed By

Broker: BHHS CAROLINA SUN REAL ESTATE

4105 Ohear Avenue, North Charleston, SC, 29405 is a Multi-Family Home for sale at $849,500 with 7,200 sqft and a lot size of 0.22 Acre(s). 4105 Ohear Avenue has 0.0 baths and was built in 1960. The property's zip code is 29405 which is in North Charleston, SC

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Market Pricing

Average % of sale price Median % of sale price
All listings in North Charleston $467,784 45 % below $235,213 72 % below
Multi-family listings in North Charleston $406,617 52 % below $250,000 71 % below

Get the facts about North Charleston, SC!

Population 107,005
Population Growth (since 2000) 27 %
Median Income $40,563
Median Age 33.09
Households w/ Children 30 %

Residential Dwellings

  • Owned 20342
  • Vacant 5212
  • Rented 20376

Similar Listings

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