904 Oakland Street
904 Oakland Street
Gastonia, NC 28054
$1,200,000
- Bedrooms: 18
- Bathrooms:
- Lot Size: 1.42 Acres
Description
Rare opportunity to acquire a portfolio of seven single-family rental homes plus a small vacant lot on a quiet dead-end street, just 1.7 miles from the Fuse District. These homes offer a blend of historic charm and modern updates. All properties are currently rented, providing immediate cash flow, with four homes fully renovated, reducing maintenance concerns. The portfolio has been professionally managed for the past 4years and all maintance is up to date. Additionally, there is potential to raise rents to match market rates, enhancing overall returns. Homes are priced below market value if sold individually, presenting a strong upside for investors looking to capitalize on a growing area with high rental demand and long-term appreciation potential. 2 houses share one parcel. Do not disturb tenants. Homes can be viewed with an accepted offer. Don’t miss this exceptional value-add opportunity!
Property Summary
| Property Type: | Residential Income | Property Subtype : | Portfolio |
| Year Built : | 1950 | Construction Type : | Site Built |
| Lot Size : | 1.42 Acres | Living Area : | 6,616 sqft |
Property Features
- Infill Lot
- Front Porch
Appliances
- Electric Cooktop
- Electric Range
- Oven
- Refrigerator
More Information
- Construction : Vinyl, Wood
- Roof : Composition
- Parking : Driveway
- Heating : Forced Air
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional, Exchange, FHA, Other - See Remarks
Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.