Description
Fully occupied 4-unit investment property generating approximately $60,000+ in annual gross income.
The property consists of four units, all currently leased and providing immediate in-place cash flow. Recent capital improvements include a new roof, kitchen upgrades, and select unit renovations, reducing near-term capital expenditure needs. The most recently renovated unit is currently leased at $1,375, achieved during a softer leasing period, indicating potential for future rent growth as market conditions improve.
Strong rental demand in the area supports continued occupancy, with additional upside through rental optimization and improved operational efficiency. Ideal for investors seeking a stabilized asset with the ability to enhance returns over time.
Address
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Address: 405 W Harvie Avenue
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City: Gastonia
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State/county: NC
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Zip/Postal Code: 28052
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Area: NONE
Details
Updated on March 20, 2026 at 2:42 pm-
Property ID 4358155
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Price $850,000
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Property Size 3825 m²
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Bedrooms 8
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Bathrooms 4
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Garage Size x x
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Year Built 1955
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Property Type Fourplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,Exchange,FHA,Private,VA Loan
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Roof Architectural Shingle
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Sewer Public Sewer
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Cooling Ceiling Fan(s),Central Air
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Heating Forced Air
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County Gaston
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Property Type Residential Income
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Parking Driveway
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Elementary School Gastonia Central
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Middle School Yorkchester
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High School Ashley
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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