904 N Oakland Street Gastonia, NC 28054
Multi-Family (2-4 Units)
MLS #: 4222802
Courtesy Of NorthGroup Real Estate LLC
$1,200,000
18 beds
|
8 baths
|
6,616 sq ft
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Estimated monthly payments:
$5,246/mo.* (recalculate)
Property InformationDescription
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!
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!
Features
- Age: Over 50 Years Old
- Appliances: Cooktop, Cooktop - Electric, Range, Refrigerator
- Architecture Style: Other
- Floor Covering: Laminate, Linoleum, Tile, Wood
- Heating System: Forced Air
- Lot Size: 1.42 Acres
MAP & DIRECTIONS
School Information
904 N Oakland Street, Gastonia, NC 28054
Elementary School
Grades PK-5 |
Public School
WOODHILL ELEMENTARY SCHOOL
Gastonia, NC 28054
1027 Woodhill Dr
704.866.6295
Distance: 0.3 mi
School Rating
D
Student:Teacher Ratio
18:1
Total Students
483
Middle School
Grades 6-8 |
Public School
GRIER MIDDLE SCHOOL
Gastonia, NC 28054
1622 E Garrison Blvd
704.836.9604
Distance: 2.1 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
719
High School
Grades 9-12 |
Public School
ASHBROOK HIGH SCHOOL
Gastonia, NC 28054
2222 S New Hope Rd
704.866.6600
Distance: 3.7 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
1235
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Ridgeview Charter School | 0.4 mi | Public | KG-5 | F |
| Highland School Of Technology | 0.7 mi | Public | 9-12 | A+ |
| Piedmont Community Charter School | 1.0 mi | Public | KG-12 | C+ |
| First Wesleyan Christian School | 1.2 mi | Private | KG-8 | |
| York Chester Middle School | 1.5 mi | Public | 6-8 | C+ |
| Webb Street School | 1.9 mi | Public | PK-12 | |
| Brookside Elementary School | 2.1 mi | Public | PK-5 | C |
| St Michael Catholic School | 2.2 mi | Private | PK-8 | |
| Pleasant Ridge Elementary School | 2.2 mi | Public | PK-5 | D+ |
| Sherwood Elementary School | 2.3 mi | Public | PK-5 | D |
| Victory Christian Academy | 2.4 mi | Private | PK-12 | |
| Lingerfeldt Elementary School | 2.5 mi | Public | PK-5 | D- |
| Carr Elementary School | 2.6 mi | Public | PK-5 | B+ |
| Gaston Early College High School | 2.7 mi | Public | 9-12 | |
| Warlick Academy | 2.7 mi | Public | 6-12 | F |
| Hunter Huss High School | 2.8 mi | Public | 9-12 | D+ |
| Assembly Of Faith Chr. School | 2.9 mi | Private | KG-5 | |
| Gardner Park Elementary School | 3.2 mi | Public | PK-5 | D+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Gastonia, NC 28054
| Median Age: | 39.8 |
|---|---|
| Married: | 36% |
| Number of Households: | 15,903 |
| Households with Children: | 27.5% |
Gastonia, NC 28054
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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