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Key Details
Sold Price $582,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $80
MLS Listing ID 3624920
Style Ranch
Bedrooms 20
Full Baths 10
Year Built 1969
Lot Size 1.740 Acres
Property Sub-Type Multi-Family
Property Description
This investment would be an awesome addition to any investors portfolio! 10 units (5 duplexes - all on one private street) with identical floor plans completely remodeled from the ground up in 2006 and carefully maintained to the present. Detailed rent roll shows consistent occupancy for the last 14 years. Tenants pay all utilities and generate minimal maintenance requests. This 1.74 acre parcel contains additional land at the end of the street for possible future expansion. Upward income potential as rents have been relatively unchanged for the past 14 years. This is your chance to own an entire street filled with beautiful pine trees and generating excellent cash flow. Priced to sell!
Location
State NC
County Gaston
Interior
Heating Central
Flooring Carpet, Tile, Wood
Laundry Main Level
Building
Lot Description Cul-De-Sac
Building Description Vinyl Siding, Duplex
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Gary Espin • Espin Realty