Active
904 N Oakland Street
Gastonia NC, 28054
$1,200,000
$181.38 per sqft
Active
18 Beds
8 Baths
6,616 sqft
Multi-family
Built in 1950
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!
4222802
MLSⓇ ID
February 20, 2025
Listed
February 20, 2025
Updated
Interior Features
Bedrooms
18
Total Bathrooms
8
Full Bathrooms
8
Appliances
Electric Cooktop, Electric Range, Oven, Refrigerator
Laundry Description
Gas Dryer Hookup, Washer Hookup
Floor Description
Tile, Laminate, Linoleum, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.42 Acres
Lot Features
Infill Lot
Roof
Composition
Sewer
Public Sewer
Patio And Porch
Front Porch
Security
None
School Information
High School
Unspecified
Elementary School
Unspecified
Other Property Details
Garage
No
Parking
Driveway
View
No
County
Gaston
Water Source
City
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
2/20/2025 | Active | — |
Courtesy of NorthGroup Real Estate LLC with Amarja Webb,
Listing Contact: [email protected]
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