N Oakland Street, Gastonia Multi-Family FOR SALE


Gastonia, NC
$1,200,000 USD
704-807-2877
, Gastonia, NC for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/15
null | 6.5% Cap Rate

N Oakland Street, Gastonia
Gastonia, NC


HIGHLIGHTS

  • All on same street
  • 1 small parcel of land attached

OVERVIEW

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! Address Acres Total Sq ft Bed/Bath 2025 Rent roll 904 N Oakland St 0.17 1008 4/1 $885.00 911 N Oakland St 0.32 1480 4/1 $1,350.00 912 N Oakland St 0.21 960 2/1 $800.00 913 N Oakland St 0.32 728 2/1 $1,095.00 914 N Oakland St 0.22 1088 2/2 $808.00 915 N Oakland St 704 2/1 $1,100.00 917 N Oakland St 0.11 648 2/1 $1,100.00 lot 0.07 1.42 6616 $7,138.00

ASK ABOUT THIS PROPERTY

Amarja WebbNorthGroup Real EstateMore Info
704-807-2877

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Amarja WebbNorthGroup Real EstateMore Info
704-807-2877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.