904 N Oakland ST new Save Request In-Person Tour Request Virtual Tour
Gastonia,NC 28054
Key Details
Property Type Single Family Home
Sub Type Portfolio
Listing Status Active
Purchase Type For Sale
Square Footage 6,616 sqft
Price per Sqft $181
MLS Listing ID 4222802
Bedrooms 18
Full Baths 8
Abv Grd Liv Area 6,616
Year Built 1950
Lot Size 1.420 Acres
Acres 1.42
Property Sub-Type Portfolio
Property Description
Rare opportunity to acquire a portfolio of seven single-family rental homes plus a small vacant lot on a quiet dead-end street, just 1.7 miles from the Fuse District. These homes offer a blend of historic charm and modern updates.
All properties are currently rented, providing immediate cash flow, with four homes fully renovated, reducing maintenance concerns. The portfolio has been professionally managed for the past 4years and all maintance is up to date. Additionally, there is potential to raise rents to match market rates, enhancing overall returns.
Homes are priced below market value if sold individually, presenting a strong upside for investors looking to capitalize on a growing area with high rental demand and long-term appreciation potential. 2 houses share one parcel.
Do not disturb tenants. Homes can be viewed with an accepted offer. Don't miss this exceptional value-add opportunity!
Location
State NC
County Gaston
Zoning R1
Interior
Heating Forced Air
Cooling Central Air
Flooring Tile,Laminate,Linoleum,Wood
Appliance Electric Cooktop,Electric Range,Oven,Refrigerator
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Community Features None
Roof Type Composition
Street Surface Dirt,Gravel,Paved
Porch Front Porch
Garage false
Building
Lot Description Infill Lot
Dwelling Type Site Built
Foundation Crawl Space,Slab
Sewer Public Sewer
Water City
Structure Type Vinyl,Wood
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Acceptable Financing Cash,Conventional,Exchange,FHA,Other - See Remarks
Listing Terms Cash,Conventional,Exchange,FHA,Other - See Remarks
Special Listing Condition None