Active

4612 Ohear Ave

North Charleston SC, 29405

$1,650,000


$573.31 per sqft

Active

2,878 sqft

Residential

Built in 1950

Presenting an incredible investment opportunity in the heart of the exclusive Historic District of Olde North Charleston! This newly renovated 8-bedroom, 4-bathroom quadplex is situated on two lots, offering a unique chance for potential value-add for the next owner. Zoned as ''Specialty Apartments,'' the property allows for all units to be rented on a short-term basis, maximizing rental flexibility and income potential. With Olde North Charleston's shops, dining, and retail center just a short walk away, and attractions like Riverfront Park and the soon-to-be waterfront village at Battery Park within easy reach, this property is perfectly positioned for visitors seeking convenience and entertainment while here.The property has undergone a complete studs-out renovation, blending the....historic charm of the area with modern, high-end finishes. Each of the four units features 2 bedrooms and 1 bathroom, with newly installed luxury vinyl plank flooring throughout, GE and Insignia appliances, stackable washers and dryers, new windows, and updated light fixtures. The redesigned floor plan now includes a more open layout, with balconies off one bedroom in each unit. Quartz countertops, brand-new vanities, tub/shower combos, and stylish new hardware complete the sleek and modern interior.
Beyond the aesthetic updates, this property has seen significant improvements to minimize future maintenance costs for the new owner. Upgrades include all-new electrical, plumbing, insulation, HVAC systems, and ductwork, along with new water heaters, repaired subflooring, and reinforced back porch supports. The exterior features fresh paint, new landscaping, hardscape, and a privacy fence, ensuring both beauty and functionality.
With projected gross rental income estimated at $160,000 per year, based on assessments from two local property managers, this quadplex is truly turnkey-simply furnish and rent. Don't miss out on this rare opportunity to invest in a meticulously updated property with immense growth potential, zoned for short-term rentals, in the thriving Olde North Charleston area.

24024898

MLS ID

September 26, 2024

Listed

December 3, 2024

Updated

Map

4612 Ohear Ave
North Charleston SC, 29405

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s)


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.26 Acres


Roof

Architectural


Sewer

Public Sewer

School Information

High School

North Charleston


Elementary School

North Charleston

Other Property Details

Area Name

31 - North Charleston Inside I-526


Garage

No


Parking

Other (Use Remarks)


View

No


County

Charleston


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/30/2024

Price change

$1,650,000

-3%

Courtesy of McConnell Real Estate Partners with Jen Mcconnell,

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Data last updated 7:18 PM UTC, 12/3/2024

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