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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1204 Iva Ave , Gastonia, NC 28052
$997,000
Est. Payment: $2,215.56/mo
22 Bed
8 Bath
7022 Sqft
Status: Under Contract-No Show | Days on site: 71
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3870 - 56667
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House Description

This is an eight single-family portfolio located in the growing Charlotte suburb of Gaston, NC. All properties are located within one block of each other. They are a 45-minute drive to Uptown Charlotte and 30 minutes away from Charlotte Douglas International Airport. 1204 Iva was damaged due to a hurricane. The property was gutted and completely remodeled. All work permitted with a Certificate of Compliance issued by the City of Gastonia Code Enforcement in March 2026. The monthly gross income is $9,040 when fully occupied. Only one property is vacant and requires approximately $5,000 in improvements to be rent-ready. Annual insurance is $4,450, and taxes are $6,416.00 across all properties. The properties are professionally managed. No showings until under contract. DO NO DISTURB TENANTS. DO NOT TALK TO TENANTS. Acreage and square footage are approximate and based on public records. Buyer to verify all square footage and acreage. Listing agent has an ownership interest in the selling LLC.

Highlights

Listed by Chris Felder , 704-307-8951 Metric Realty Company , 704-567-0906.

Property Type

Multi-Family

Lot/Acreage
1.26

Year Built

1960

County

Gaston

Listing ID

4382471

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:22
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:7022
Below Ground Sq Ft:0
Water:City

Exterior Features

Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$2,216
Taxes
$636

Home Price

$997,000

Loan Details

30 yrs
%

Down Payment

20%
$199,400
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Monthly Price:
$2,215.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,215.56 $635.59 $0.00 $2,851.14
Yearly $26,586.67 $7,627.05 $0.00 $34,213.72
Total $797,600.00 $228,811.50 $0.00 $1,026,411.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Gastonia, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.