405 W Harvie Avenue Unit #A&B, Gastonia, NC 28052
- $775,000
- 8
- BD
- 3,825
- SqFt
- List Price
- $775,000
- Status
- ACTIVE
- MLS#
- 4358155
- Price Change
- ▼ $75,000 1780335999
- Days on Market
- 176
- Year Built
- 1955
- Bedrooms
- 8
- Full-baths
- 4
- Living Area
- 3,825
- Acres
- 0.52
- Unit Number
- A&B
Property 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.
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Additional Information
- Appliances
- Electric Oven, Electric Range
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Forced Air
- Foundation
- Crawl Space, Other - See Remarks
- Roof
- Architectural Shingle
- Exterior Finish
- Brick Full
- Parking
- Driveway
- Water
- City
- Sewer
- Public Sewer
- Elementary School
- Gastonia Central
- Middle School
- Yorkchester
- High School
- Ashley
Listing courtesy of Bhula Realty Group. roshan@bhulagroup.com
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