907 W 5th Avenue, Gastonia, NC 28052
- $525,000
- 7
- BD
- 3,830
- SqFt
Listing courtesy of Greysteel North Carolina LLC. carolina@greysteel.com
- List Price
- $525,000
- MLS#
- 4334256
- Status
- ACTIVE
- Days on Market
- 209
- Property Type
- Residential Income
- Year Built
- 1920
- Price Change
- ▼ $55,000 1773272433
- Bedrooms
- 7
- Full Baths
- 5
- Lot Size
- 8,712
- Lot Size Area
- 0.2
- Living Area
- 3,830
- Sq Ft Total
- 3830
- County
- Gaston
- Special Conditions
- None
Property Description
• Exceptional 5-unit multifamily investment opportunity with value-add and organic rent growth potential. The property consists of 4 1-BR units and 1 3-BR unit. • All units were recently updated, the property is fully occupied, and rents are generally below market rates, positioning the property well for organic rent increases. • Rare opportunity to purchase a well-maintained property in close proximity to rapidly expanding FUSE District and Downtown Gastonia, one of the fastest growing cities in North Carolina and a major part of one of the fastest growing metropolitan areas in the nation (Charlotte MSA).
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Additional Information
- Equipment
- Electric Oven, Electric Range, Electric Water Heater, Refrigerator with Ice Maker
- Foundation
- Crawl Space
- Laundry Location
- In Unit
- Heating
- Central
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Vinyl
- Parking
- Driveway
- Driveway
- Dirt, Paved
- Elementary School
- Pleasant Ridge
- Middle School
- Yorkchester
- High School
- Hunter Huss
- Total Property HLA
- 3830
Mortgage Calculator
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