904 N Oakland Street
Gastonia, NC 28054
6616 sqft | 18 beds | 8 baths | #4222802
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!
Property Details
- AppliancesElectric Cooktop, Electric Range, Oven, Refrigerator
- Parcel Number100679 100672 100682 100671 100683 100671 100669
- FoundationCrawl Space, Slab
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- CoolingCentral Air
- Cooling FeaturesCentral Air
- RoofComposition
- Elementary SchoolUnspecified
- Middle SchoolUnspecified
- High SchoolUnspecified
- PetsConditional
- Lot FeaturesInfill Lot
- Lot DescriptionInfill Lot
- Original List Price$1,200,000
- Property SubtypePortfolio
- Parking FeaturesDriveway
- Parking TypeDriveway
- MLS #4222802
- Cost1200000
- MLS #4222802
- CountyGaston
- Square Feet6616
- Year Built1950
- Utility SourceCity
- Bedrooms18
- Bathrooms8
- Full Baths8
- Days on Market (Cumulative)3
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-02-20 07:14:05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Amarja Webb (#CAR63370), Email: amarja@cltmonarch.com
Listing Office: NorthGroup Real Estate LLC (#CAR13080)
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