Three bedroom, one bath bungalow in Gastonia. Currently occupied; vacancy expected soon (date not yet confirmed). Sold as is.
CONDITION AND UPDATES
• Interior not yet seen by us; plumbing, electrical and foundation: verify at walkthrough
• Roof age unknown; verify at walkthrough
• Heating and cooling type and age unknown; verify at walkthrough
• Seller reports the house was remodeled in 2024-25
INVESTMENT POTENTIAL
• Projected market rent: around $1,300/mo (estimate, not a current lease)
• Option A: take over the existing loan at 4.75% fixed (balance $183,112 per the 10/09 statement, PITI $1,290.53/mo) for $7,500 plus closing costs. The existing loan stays in the seller's name and carries a due-on-sale clause
• Option B: buy it at the list price; a 2.5% buyer's agent commission is offered
• Fits an owner occupant or a long term rental
COMPARABLE SALES
• 2449 Myrtle Ave (2/1, 820 sq ft, built 1930): sold $185,000 on 10/6/2026
• 942 Bond Ave (2 bed, 720 sq ft, built 1940): sold $187,000 on 6/29/2026
• 1912 Graham St (2/1, 1,260 sq ft, built 1930): sold $191,000 on 10/9/2026
• 2108 Twin Ave (3/1, 1,064 sq ft, built 1946): sold $217,500 on 7/1/2026
ACCESS AND NEXT STEPS
• Access: Showings after vacancy, with advance notice
• Terms: Close by 11/24/2026
• Option A buyers bring the entry funds; Option B buyers may pay cash or finance. Buyer to do their own due diligence. Sold as is.
Message or call for photos, access and walkthrough times.
CONTACT
Drew Whitman, Elevate Real Estate
304-380-6154 | drew@elevatebuyers.com
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
