$1,200,000

904 N Oakland St Gastonia, NC 28054

Estimated payment $6,456/month

Total Views 46,780
18 Beds
8 Baths
6,616 Sq Ft
$181 Price per Sq Ft

Highlights

  • Wood Flooring
  • Front Porch
  • Wood Siding
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Rare opportunity to acquire a portfolio of seven single-family rental homes plus a small vacant lot on a quiet dead-end street, just 1.7 miles from the Fuse District. These homes offer a blend of historic charm and modern updates.

All properties are currently rented, providing immediate cash flow, with four homes fully renovated, reducing maintenance concerns. The portfolio has been professionally managed for the past 4years and all maintance is up to date. Additionally, there is potential to raise rents to match market rates, enhancing overall returns.
Homes are priced below market value if sold individually, presenting a strong upside for investors looking to capitalize on a growing area with high rental demand and long-term appreciation potential. 2 houses share one parcel.

Do not disturb tenants. Homes can be viewed with an accepted offer. Don’t miss this exceptional value-add opportunity!

Listing Agent

Amarja Webb

NorthGroup Real Estate LLC Brokerage Email: amarja@cltmonarch.com License #306652 Listed on: 02/20/2025

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1950

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 6,616 Sq Ft Home
  • Window Screens
  • Crawl Space
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven
  • Electric Cooktop

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Full Bathrooms

Additional Features

  • Front Porch
  • Infill Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 100679 100672 100682 100671 100683 100671 100669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,053

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1950
  • Restrictions: N/A
  • Road Surface Type: Dirt, Gravel, Paved
  • Property Sub Type Additional: Cottage
  • Geocode Confidence: High
  • Attribution Contact: amarja@cltmonarch.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Flooring: Tile, Laminate, Linoleum, Wood
  • Appliances: Electric Cooktop, Electric Range, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 6616
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 18
  • Door Features: Screen Door(s)
  • Living Area: 6616

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Exclusions: None
  • Construction Type: Vinyl, Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Infill Lot
  • Lot Size Units: Acres
  • Parcel Number: 100679 100672 100682 100671 100683 100671 100669
  • Zoning Specification: R1

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,053 $98,540 $7,410 $91,130
2024 $1,053 $98,540 $7,410 $91,130
2023 $1,064 $98,540 $7,410 $91,130
2022 $574 $43,160 $7,410 $35,750
2021 $583 $43,160 $7,410 $35,750
2020 $583 $43,160 $7,410 $35,750
2019 $587 $43,160 $7,410 $35,750
2018 $546 $39,002 $7,405 $31,597
2017 $546 $39,002 $7,405 $31,597
2016 $546 $39,002 $0 $0
2014 $706 $50,407 $7,405 $43,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 For Sale $1,200,000 -- $181 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 None Available
Special Warranty Deed $23,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $6,000 None Available
Quit Claim Deed $1,000 None Available
Trustee Deed $42,415 None Available
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 Commercial
Previous Owner $21,800 Seller Take Back
Previous Owner $43,640 FHA
Source: Public Records

About the Listing Agent

Amarja Webb

NorthGroup Real Estate LLC

(980) 410-9019

Section Image

With 25 years of experience as an architect and 8 years as a licensed real estate broker in North and South Carolina, I offer a unique advantage: expertise in both design and real estate strategy. Whether it’s finding your dream home or selling your childhood home, I’m with you every step of the way — as your Realtor®, architectural designer, and trusted advisor.

My passion lies in all things real estate. I help clients see the full potential of a property, navigate the technical aspects

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4222802

Canopy MLS (Canopy Realtor® Association)

APN: 100679