Fully leased 16 unit multi-family opportunity

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 (rvenue split 50/50 with vendo r).

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on 4020 Ohear Ave
in North Charleston, SC
Presented by Bryan Perrucci, CCIM at
SOUTHEASTERN MANAGEMENT GROUP,.


Property MLS #24011053 from Charleston

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+ Land Info

Lot Size Acres: 0.87
Lot Size Square Feet: 37897

+ School Information

Elementary School: North Charleston
High School: North Charleston
Middle School: Morningside
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North Charleston High School is a public high school located approximately 0.9 miles away.
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North Charleston Elementary School is a public elementary school located approximately 1.2 miles away.
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Morningside Middle School is a public middle school located approximately 1.5 miles away.
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St John Catholic School is a private elementary and middle school located approximately 0.2 miles away.
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+ Other Property Info

Source Listing Status: Active
County: Charleston
Source Property Type: Residential Income
Source Neighborhood: Edgewood
Parcel Number: Edgewood
Subdivision: Edgewood
Source System Name: C2C
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Listed 2024-05-02
$2,700,000
Charleston

+ Building and Construction

Total Square Feet Living: 10464
Year Built: 1967
Building Area Total: 10464
Construction Materials: Brick Veneer
Property Age: 57
Property Condition: Pre-Owned
Roof: Architectural
Levels or Stories: 2
Structure Type: More than 4