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$775,000

Gastonia, NC 28052
Listed by Roshan Bhula · Bhula Realty Group
Bedrooms
8
Bathrooms
4
Living area
3,825 sqft
Year built
1955

About this home

Fully occupied 4-unit investment property generating approximately $60,000+ in annual gross income. The property consists of four units, all currently leased and providing immediate in-place cash flow. Recent capital improvements include a new roof, kitchen upgrades, and select unit renovations, reducing near-term capital expenditure needs. The most recently renovated unit is currently leased at $1,375, achieved during a softer leasing period, indicating potential for future rent growth as market conditions improve. Strong rental demand in the area supports continued occupancy, with additional upside through rental optimization and improved operational efficiency. Ideal for investors seeking a stabilized asset with the ability to enhance returns over time.

Property details

MLS #
CAR4358155
Property type
Fourplex
Subdivision
None
Status
Active
Days on market
73
On market date
March 20, 2026
Stories
1
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Sherwood Elementary
2 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
524
Student:teacher ratio
14.2:1
District
Gaston County Schools
Middle
York Chester Middle
0.23 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
458
Student:teacher ratio
14.8:1
District
Gaston County Schools
High
Gaston Early College High School
3.81 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
238
Student:teacher ratio
23.8:1
District
Gaston County Schools

Mortgage calculator

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Est. monthly payment
$4,817/mo
$155,000 down
$620,000 loan
Principal & interest$4,021
Property tax (est.)$646
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.