Price $1,200,000
Status Active
Beds 18
Baths 8 Baths
Home size 6,616 sqft
Lot Size 1.42 ac
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 Type(s): Multi Family
Tract None Year Built 1950
Community None County Gaston

SCHOOLS

Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Cooktop, Electric Range, Oven, Refrigerator
BASEMENT Crawl Space
HEAT Forced Air
LOT 1.42 acre(s)
MLS STATUS Active
PARKING Driveway
SEWER Public Sewer
SUBDIVISION None

Location

 

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Listed with NorthGroup Real Estate LLC
Date last updated: 6/8/25 6:02 PM PDT

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