904 N Oakland Street, Gastonia, NC 28054

  • $1,200,000
904 N Oakland Street, Gastonia, NC 28054, Gastonia, NC
Active For Sale
904 N Oakland Street, Gastonia, NC 28054
904 N Oakland Street, Gastonia, NC 28054, Gastonia, NC
  • $1,200,000

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!

  • Address 904 N Oakland Street
  • City Gastonia
  • State/county NC
  • Zip/Postal Code 28054
  • Area NONE

Details

Updated on February 20, 2025 at 7:14 am
  • Property ID: 4222802
  • Price: $1,200,000
  • Property Size: 6616 m²
  • Bedrooms: 18
  • Bathrooms: 8
  • Garage Size: x x
  • Year Built: 1950
  • Property Type: Portfolio, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash,Conventional,Exchange,FHA,Other - See Remarks
  • Roof: Composition
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Flooring: Tile,Laminate,Linoleum,Wood
  • County: Gaston
  • Property Type: Residential Income
  • Parking: Driveway
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
  • Community Features: None

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Contact Information

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Chad Simpson

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