$189,900
About this home
Investor Opportunity in Desirable and historic Loray Mill/ Fuse district! Don’t miss this well-maintained mill house tucked away in a quiet neighborhood just behind the highly sought-after Loray Mill district. This 3-bedroom, 2-bath home blends classic charm with some more modern updates, making it an excellent addition to any investment portfolio. The property features updated vinyl plank flooring throughout and has been very well cared for. Even better—this home is already income-producing with a one-year lease in place through April 2027, generating $1,550 per month in rental income. Additional highlights include an extended concrete driveway, covered carport, and an HVAC system that appears to be relatively new—helping minimize near-term maintenance concerns. Whether you’re a seasoned investor or just getting started, this is a turnkey opportunity with a reliable tenant already in place. Secure immediate cash flow in a growing and popular area of Gastonia! Opportunities like this don’t come along often—act quickly!
Property details
- MLS #
- CAR4377228
- Property type
- Single Family Residence
- Subdivision
- None
- Status
- Active
- Days on market
- 42
- On market date
- May 5, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 810
- Student:teacher ratio
- 14.2:1
- District
- Gaston County Schools
- Enrollment
- 458
- Student:teacher ratio
- 14.8:1
- District
- Gaston County Schools
- Enrollment
- 238
- Student:teacher ratio
- 23.8:1
- District
- Gaston County Schools
Walkability
Blended score for Gastonia's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Gastonia, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 16, 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.