405 W Harvie AVE #A&B Gastonia, NC 28052
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,825 sqft
Price per Sqft $222
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
Property Description
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.
Location
State NC
County Gaston
Zoning APT01
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
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
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
Nearby Locations
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