NOT LISTED FOR SALE

408 & 412 E 6th Ave Gastonia, NC 28054

16 Beds
8 Baths
6,720 Sq Ft
0.63 Acres

Last Sold August 31, 2021

Last sale price $813,570 $121 Per Sq Ft

6 Days on Market

About This Home

As of August 2021

Great investment opportunity. Convenient location! 4 duplex buildings, total of 8 units, on 2 parcels. All being sold together. Each unit is 2 bed and 1 full bath. City water & sewer. Roofs were replaced 5 yrs ago. All units have central heat and air. Low maintenance brick exterior. Each unit has washer and dryer hookup connections. Property has a solid rental history with long term month to month tenants in place.

Last Agent to Sell the Property

Heather Myers

Premier South License #94419 Listed on: 06/17/2021

Premier South

Last Buyer's Agent

Rory Cummins

EXP Realty LLC Ballantyne License #103438

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.63

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 8 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 109098 & 109097

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Ratio Close Price By List Price: 0.90397
  • Ratio Close Price By Original Li: 0.90397
  • Ratio Current Price By Acre: 1291380.95
  • Ratio Current Price By Sq Ft: 121.07
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Equipment: Dishwasher, Electric Range
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Total Sq Ft: 6720

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Lot

Utilities

  • Heating: Central Air, Electric Hot Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 109098 & 109097
  • Zoning Specification: RMF

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 449790.00
  • Tax Location: Gastonia

Multi Family

  • Number Of Units Total: 8

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
08/31/2021 08/31/21 Sold $813,570 -9.6% $121 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $900,000 -- $134 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $5,240 $490,180 $17,500 $472,680
2024 $5,240 $490,180 $17,500 $472,680
2023 $5,294 $490,180 $17,500 $472,680
2022 $2,960 $222,550 $18,280 $204,270
2021 $3,004 $222,550 $18,280 $204,270
2019 $3,027 $222,550 $18,280 $204,270
2018 $2,350 $167,873 $24,375 $143,498
2017 $2,350 $167,873 $24,375 $143,498
2016 $2,350 $167,873 $0 $0
2014 $2,409 $172,089 $24,375 $147,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3752621

Canopy MLS (Canopy Realtor® Association)

APN: 109097