1027 Cleveland Avenue
Gastonia, NC 28052
14 bd · 10 ba · 5,837 sqft · $52/sqft
Highlights
About This Home
Investor Special. Total of 10 units. 4 units are 2 bed 1 bath and 6 units are 1 bed 1 bath.
At the asking price it is returning an over 15% cash return with greater than 20% ROI. There is an immediate opportunity for an investor to increase cash flow and ROI by capitalizing on the property’s below market rents. An ROI in the mid 20% is well within reach in the first year of ownership.
Property Details
Interior Details
- Heating
- Baseboard
- Electric
- Flooring
- Carpet
- Tile
- Roomcount
- 0
- Sqftother
- 0
- Half Bathrooms
- 0
- Laundry Features
- Electric Dryer Hookup
- None
- Mainlevelgarageyn
- 0
- Sqftunheatedbasement
- 0
Square Footage And Levels
- Below Grade Finished Area
- 0
Parking And Garage
- Open Parking
- true
- Parking Features
- Parking Space(s)
- Other - See Remarks
- Open Parking Spaces
- 1
Exterior Features
- Roof
- Composition
- Construction Materials
- Brick Full
Lot And Land
- Lot Size
- 0.75
- Lot Features
- Corner Lot
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Gaston
- Hoasubjecttodues
- No
- Proposedspecialassessmentyn
- 0
Zoning And Restrictions
- Zoningspecification
- A P T01
Multi Unit Details
- Total Number Of Units
- 10
Listed by Kathryn Cook Crespo (704-998-9520) · Bottom Line Realty & Mgmt LLC (704-379-7492)
Location
- Address
- 1027 Cleveland Avenue
- City
- Gastonia, NC 28052
- Community
- Cleveland Heights
Schools
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
School assignments may change. Contact the school district to confirm.
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
IDX information is provided exclusively for consumers’ personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement.
Based on information submitted to the MLS GRID as of Apr 2, 2021. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Some IDX listings have been excluded from this website.
Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner.
Please send DMCA notices to: hello@palmettopark.com