Description
Fantastic Investment Opportunity – Stabilized 11-Unit Apartment Building with Development Potential
Whether you’re expanding your rental portfolio or just getting started, this stabilized 11-unit apartment building offers strong potential. Located at 1903 E Ozark Ave (apartment address: 1909 E Ozark Ave), the property features ten 1-bedroom/1-bath units and one 2-bed/1-bath unit (Unit 3).
Significant renovations were completed in 2022, including: Electrical upgrades, new heating units, interior updates (fresh paint, new flooring, and cabinetry). Exterior improvements (new board & batten siding, fascia, soffits, gutters, doors, and downspouts).
Units 6, 8, and 9 have been fully remodeled.
Additionally, the site includes three more addresses on the parcel —1903, 1905, and 1907 E Ozark Ave. According to the City of Gastonia Planning Department, these parcels are suitable for future multifamily or mixed-use development, offering added value and long-term growth potential.
Address
Open on Google Maps- Address 1909 E Ozark Avenue
- City Gastonia
- State/county NC
- Zip/Postal Code 28054
- Area NONE
Details
Updated on June 3, 2025 at 8:00 pm- Property ID: 4240796
- Price: $1,300,000
- Property Size: 7626 m²
- Bedrooms: 12
- Bathrooms: 11
- Garage Size: x x
- Year Built: 1935
- Property Type: Apartment, Residential Income
- Property Status: Active, For Sale
Additional details
- Listing Terms: Cash,Conventional
- Sewer: Public Sewer
- Cooling: Ductless,Window Unit(s)
- Heating: Ductless,Electric,Heat Pump,Natural Gas
- County: Gaston
- Property Type: Residential Income
- Parking: Driveway,Parking Lot
- Elementary School: Brookside
- Middle School: Grier
- High School: Ashbrook
- Architectural Style: Other
Features
Mortgage Calculator
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