BEDS8
BATHS4 full
SQUARE FEET3,825
MLS#4358155
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.52 Acres
Roof Type: Architectural Shingle
Year Built: 1955
Feature Descriptions
Appliances: Electric Oven, Electric Range
Days on Site: 81
Exterior: Brick Full
Foundation: Crawl Space, Other - See Remarks
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Corner Lot
Other Parking: Private lot, easement to neighboring property.
Parcel#: 108442
Parking: Driveway
Pets Allowed: Yes
Sewer: Public Sewer
Units: 4
Water: City
Local Schools
High School: Ashley
Middle School: Yorkchester
Elementary School: Gastonia Central
Listed By / Shown By
Listed By
Agency Name: Bhula Realty Group
Agency Contact: roshan@bhulagroup.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
405 W Harvie Avenue, Unit A&B | MLS# 4358155
This multi-family property located at 405 W Harvie Avenue, Unit A&B, Gastonia, NC 28052 is currently listed for sale with an asking price of call for price. Search Gastonia real estate on www.lakenormanrealty.com today.