Attention Investors! Wholesale Real Estate Opportunity in Gastonia, NC

Property Details

• Address: 515 W Harrison Ave, Gastonia, NC 28052
• Bedrooms: 2
• Bathrooms: 1
• Square Footage: 948 sqft

Key Features

• Move-in ready investment property
• Current tenants on month-to-month lease paying $1,095/month
• Laminate flooring throughout
• Roof replaced in 2020
• Original kitchen and bathroom in working condition
• Potential for value-add through light renovations

Investment Potential

This property offers an excellent opportunity for investors looking for immediate cash flow with potential for appreciation. With some minor updates to the kitchen and bathroom, as well as simple yard restoration, you could significantly increase the property's value and rental income.

Recent Comparable Sales

1. 623 Allison Ave, Gastonia, NC 28052
   • 3 bed, 2 bath, 1,114 sqft
   • Sold for $259,000 on 11/29/23
2. 501 W Harrison Ave, Gastonia, NC 28052
   • 2 bed, 1 bath, 768 sqft
   • Sold for $300,000 (Date not provided)
3. 911 N Boyce St, Gastonia, NC 28052
   • 3 bed, 2 bath, 1,064 sqft
   • Sold for $205,000 on 09/17/24

Why This Property?

1. Instant cash flow with existing tenants
2. Solid location in Gastonia, NC
3. Potential for forced appreciation through minor renovations
4. Recently replaced roof (2020) reduces near-term maintenance costs

Don't miss out on this fantastic wholesale opportunity! Contact us now for more information or to schedule a viewing.