Multi-Family $ 775,000

405 W Harvie AVE #A&B

Gastonia, NC 28052

  • 8 Beds
  • 4 Baths
    Full Baths: 4
  • 3,825 SqFt
  • 0.52 Lot Size
  • 1955 Year Built
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.
Listed by Roshan Bhula of Bhula Realty Group

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Fourplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 825 sqft

    Price per Sqft $202

    MLS Listing ID 4358155

    Bedrooms 8

    Full Baths 4

    Abv Grd Liv Area 3,825

    Year Built 1955

    Lot Size 0.520 Acres

    Acres 0.52

    Property Sub-Type Fourplex

  • Location

    State NC

    County Gaston

    Zoning APT01

  • Building

    Lot Description Corner Lot

    Dwelling Type Site Built

    Foundation Crawl Space, Other - See Remarks

    Sewer Public Sewer

    Water City

    Structure Type Brick Full

    New Construction false

  • Interior

    Heating Forced Air

    Cooling Ceiling Fan(s), Central Air

    Fireplace false

    Appliance Electric Oven, Electric Range

    Laundry Electric Dryer Hookup, Washer Hookup

  • Exterior

    Roof Type Architectural Shingle

    Street Surface Concrete

    Garage false

  • Schools

    Elementary Schools Gastonia Central

    Middle Schools Yorkchester

    High Schools Ashley

  • Others

    Pets Allowed Yes

    Senior Community false

    Acceptable Financing Cash, Conventional, Exchange, FHA, Private, VA Loan

    Listing Terms Cash, Conventional, Exchange, FHA, Private, VA Loan

    Special Listing Condition Subject to Lease, None

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $775,000 in Gastonia,NC

CONTACT

Roshan Bhula
Roshan Bhula
Email: roshan@bhulagroup.com Tel: +1(704) 904-0480

License ID: NC 321676, SC 128724

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