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Gastonia, NC 28052,907 W 5th AVE
Gastonia, NC 28052,907 W 5th AVE
Gastonia, NC 28052,907 W 5th AVE
7
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$580,000
Est. payment /mo
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7 Beds
5 Baths
3,830 SqFt
Active

907 W 5th AVE Gastonia, NC 28052

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Key Details

Property Type Multi-Family

Sub Type Fiveplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,830 sqft

Price per Sqft $151

MLS Listing ID 4334256

Bedrooms 7

Full Baths 5

Abv Grd Liv Area 3,830

Year Built 1920

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Fiveplex

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).

Location

State NC

County Gaston

Zoning RS-8

Interior

Heating Central

Cooling Central Air

Appliance Electric Oven, Electric Range, Electric Water Heater, Refrigerator with Ice Maker

Laundry In Unit

Exterior

Street Surface Dirt,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Pleasant Ridge

Middle Schools Yorkchester

High Schools Hunter Huss

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition None


Listed by Ari Firoozabadi • Greysteel North Carolina LLC • carolina@greysteel.com

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Adam Craddock

Adam Craddock

Agent | License ID: 347041

+1(704) 449-0940

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907 W 5th AVE