7637 Hunters Ridge Lane, North Charleston, SC 29420
MULTI_FAMILY - North Charleston, SC
- Added:
- Apr 24, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 14 at 5:06 pm
Property Features for 7637 Hunters Ridge Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 6
- Standard status
- Active Under Contract
- Size
- 4,026 SF
- Lot size
- 0.19 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick Veneer, Wood Siding
- Roof type
- Asphalt
Listing agent Mike Hillman (843) 725-5059
Listing office AgentOwned Realty Preferred Group Mount Pleasant, SC (843) 725-5059
Listing date Apr 24, 2026
Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent investment opportunity in a rapidly growing area of North Charleston.
- Four‑unit multifamily property with strong rental potential and steady occupancy history.
- Convenient access to major highways, shopping centers, dining, and employment hubs.
- Proximity to Charleston International Airport and Joint Base Charleston.
- Each unit offers a comfortable and functional layout.
- Located in a quiet residential community.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.2k | $20.16 |
| − Vacancy | −$5.2k | −$1.30 |
| EGI | $75.9k | $18.86 |
| − OpEx | −$22.8k | −$5.66 |
| NOI | $53.1k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.083853
- Latitude
- 32.929352
