Listing by: Amarja Webb, NorthGroup Real Estate LLC, amarja@cltmonarch.com
18 Beds
8 Full baths
6,616SqFt
Active
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 | ||
|---|---|---|
| Price | $1,200,000 | |
| Bedrooms | 18 | |
| Full Baths | 8 | |
| Lot Size Area | 1.42 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Year Built | 1950 | |
| Subdivision | None | |
| Roof | Composition | |
| Heating | Forced Air | |
| Foundation | Crawl Space, Slab | |
| Lot Description | Infill Lot | |
| Laundry Features | Gas Dryer Hookup, Washer Hookup | |
| Parking Description | Driveway | |
Geographic Data | ||
| County | Gaston | |
| Latitude | 35.27529566 | |
| Longitude | -81.18076776 | |
Address Information | ||
| Address | 904 N Oakland Street, Gastonia, NC 28054 | |
| Postal Code | 28054 | |
| City | Gastonia | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | NorthGroup Real Estate LLC | |
| Listing Office Phone | 704-412-2804 | |
| Listing Agent | Amarja Webb | |
| Listing Agent Phone | 704-807-6399 | |
| Attribution Contact | amarja@cltmonarch.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional, Exchange, FHA, Other - See Remarks | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 133 | |
| MLS Status | Active | |
| Listing Date | Feb 20, 2025 | |
| Listing Last Modified | Jul 3, 2025 | |
| Tax ID | 100679 100672 100682 100671 100683 100671 100669 | |
| MLS # | CAR4222802 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-07-31T04:38:14.641325Z. 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.
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