NOT LISTED FOR SALE

201 E 3rd Ave Gastonia, NC 28052

4 Beds
4 Baths
3,307 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $400,000 $121 Per Sq Ft

35 Days on Market

Highlights

  • Farmhouse Style Home
  • Corner Lot
  • Vinyl Plank Flooring

About This Home

As of October 2021

Great investment opportunity that cash flows!!! This fourplex is located in a desirable rental area in proximity to downtown Gastonia and the upcoming FUSE district. The complex has great rental history and is currently property managed. All 4 units have 1 bedroom and 1 bath. Owner has updated 3 of the 4 units and all residents are on leases. This well kept farm house sits on a corner lot with street parking and 2 parking spaces at the rear of the property. Don't miss out on this multi-family opportunity that has immediate positive cash flow and would be a great asset for your investment portfolio. 4th unit has been partially updated. Fully updating the unit will increase performance.

Last Agent to Sell the Property

Alex Lopez

Verge LLC License #294105 Listed on: 08/14/2021

Last Buyer's Agent

Cindy Greene

EXP Realty LLC License #288499

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970

Home Design

  • Farmhouse Style Home

Additional Features

  • Vinyl Plank Flooring
  • 4 Full Bathrooms
  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 108707

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Architectural Style: Farmhouse
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01266
  • Ratio Close Price By Original Li: 0.94118
  • Ratio Current Price By Acre: 2500000.00
  • Ratio Current Price By Sq Ft: 120.96
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator
  • Flooring: Vinyl Plank
  • Total Sq Ft: 3307

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking, Parking Space - 4+

Utilities

  • Heating: Wall Unit Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 108707
  • Zoning Specification: RMF

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 128740.00
  • Tax Location: Gastonia

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $400,000 +1.3% $121 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $395,000 0.0% $119 / Sq Ft
09/08/2021 09/08/21 For Sale $395,000 -7.1% $119 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $425,000 -- $129 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,019 $234,740 $23,000 $211,740
2024 $3,019 $237,870 $23,000 $214,870
2023 $3,004 $234,720 $23,000 $211,720
2022 $2,270 $148,360 $30,670 $117,690
2021 $1,995 $128,740 $30,670 $98,070
2020 $1,655 $106,780 $30,670 $76,110
2019 $1,666 $106,780 $30,670 $76,110
2018 $1,222 $76,367 $30,668 $45,699
2017 $1,222 $76,367 $30,668 $45,699
2016 $1,222 $76,367 $0 $0
2014 $1,635 $102,180 $30,668 $71,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3773534

Canopy MLS (Canopy Realtor® Association)
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