(Gastonia, NC) SFR 🏠 GREAT RENTAL 🔑 AMAZING BRRRR OPPORTUNITY 🔥

Gaston County, Gastonia, NC, 28054
Sold
Listed at: April 25th, 2023
Price
$99,500
ARV
$190,000
Gross Margin
$90,500
Sq. Footage
1363
Type
Single-Family
Parking
Driveway
Year build
1935
Lot size
0.69 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION

This stunning single family home is an excellent investment opportunity that savvy investors won't want to miss! Boasting a prime location just 11 minutes from downtown Gastonia, this property promises a steady stream of rental income with minimal effort required. With its incredible potential for cash flow, this rental property is the perfect addition to any investor's portfolio. Don't miss out on this amazing opportunity to own a turnkey rental property in a highly desirable location!


PROPERTY DETAILS


Rehab Level: Minor Cosmetic

Occupancy: Vacant

Construction: Brick

Water Heater: Good Condition

Electrical Panel: Good Condition

HVAC: Working Condition

Parking: Driveway

Roof: Good Condition (5 Years Old)

Recommended Rehab Budget: $25k-$35k



SOLD COMPS


1310 Branch Street, Gastonia, NC 28054

Sold $225,000 on 03/2023 - 2/2 - 1,040 Sqft

https://www.redfin.com/NC/Gastonia/1310-Branch-St-28054/home/143787932


2733 E Long Ave, Gastonia, NC 28054

Sold $230,000 - 2/2 - 1,233 Sqft

https://www.redfin.com/NC/Gastonia/2733-E-Long-Ave-28054/home/41032008


RENTAL STATS


Average Rent: $1,618/mo


Average Rent based on 7, 4-Bedroom, single bathroom rentals seen within the last 6 Months


CLOSING AND ACCESS


**Property is VACANT**


**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**


**Closing On 06/05/2023**



DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
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Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

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Disposition manager