
5309 Lewis Rd Gastonia, NC 28052
Highlights
- Mountain View
- No HOA
- Handicap Accessible
- Wetlands on Lot
- Patio
- Four Sided Brick Exterior Elevation
About This Home
As of April 2022Great fully occupied income generating property in Gastonia, NC operating at 8.5% Cap Rate. New Roof was put on in 2019 and minor updates have been made to property. Value add's include raising rents (please see OM for projected pro-forma), making some renovations to the property, and resurfacing the parking lot. Please note, while there is additional acreage behind the building that is apart of this property, the additional land currently sits on wetlands, therefore creating a challenge to build any additional structures or building. PLEASE DO NOT DISTURB TENANTS!
This property is within 5 minutes of Crowder's Mountain State Park.The property is within 5-10 minutes of major retail businesses, other residences, and I-85. The property is also within 12-15 minutes of the Fuse District, CaroMont Health Park (Home of the Honey Hunters), and downtown Gastonia. 15-20 Minutes to Kings Mountain and the new Catawba Two Kings Casino.
Last Agent to Sell the Property
Trystan McNeill
Costello Real Estate and Investments LLC Brokerage Email: Trystan@costellorei.com License #306985 Listed on: 03/03/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Parking
- 8 Parking Spaces
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2,900 Sq Ft Home
- Insulated Windows
- Vinyl Flooring
- Mountain Views
- Oven
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Accessible Home Design
- Handicap Accessible
Outdoor Features
- Wetlands on Lot
- Patio
Utilities
- Community Well
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for exterior maintenance, trash collection, - see remarks
- Assessor Parcel Number 145716
Similar Homes in Gastonia, NC
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/14/2025 05/14/25 | For Sale | $499,900 | +47.0% | $263 / Sq Ft |
04/26/2022 04/26/22 | Sold | $340,000 | +4.6% | $117 / Sq Ft |
03/08/2022 03/08/22 | Pending | -- | -- | -- |
03/03/2022 03/03/22 | Price Changed | $325,000 | +10.2% | $112 / Sq Ft |
03/03/2022 03/03/22 | For Sale | $295,000 | -- | $102 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2022
Trystan McNeill
Costello Real Estate and Investments LLC
-
Buyer's Agent in 2022
Dwayne Hunter
Giving Tree Realty
(704) 622-9914
80 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3835287

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