107 Drake Street | Sinko Realty LLC
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$155,000
$165,000
PRICE REDUCED Active

107 Drake Street

Gastonia, NC, 28052

2 Bedrooms | 2 Bathrooms | 952 Sq Ft | 0.20 Acres
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Property Description

Opportunity awaits at 107 Drake Street in Gastonia! This 960 sq ft single-family home is currently configured with two separate entrances and a shared laundry area, offering flexible living arrangements and strong rental potential. While not legally a duplex, the property has been converted from its original layout (previously a 3bd/2ba configuration) into a 2 bedroom, 2 bath setup, creating an ideal scenario for house hacking, multigenerational living, or income-producing use. One side is almost rent-ready, while the second unit needs some TLC to be fully marketable. The home also features a detached two-car garage, providing additional storage, workshop space, or added rental value. With some cosmetic updates, this property could truly shine as a cash-flowing investment, flip opportunity, or affordable owner-occupant home with income potential. Conveniently located near downtown Gastonia, shopping, dining, and just a short drive to the growing FUSE District and Loray Mill redevelopment area, this property sits in an area experiencing continued revitalization and growth. Being sold as-is. Don’t miss the chance to add value and maximize returns in an appreciating location.

Property Details

Property Type: Single Family Residence
Year Built: 1930
Living Area: 952 sq ft
Price / Sq Ft: $163
Lot Size: 0.20 acres
Bedrooms: 2
Bathrooms: 2 (2 full, 0 half)
Days on Market: 19
Subdivision: None
Garage Spaces: 2
Cooling: Ductless, Other - See Remarks
Heating: Ductless
Water: City
Sewer: Public Sewer
Foundation: Crawl Space
Construction: Vinyl
Laundry: Common Area

Appliances

Other

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $155,000
HOA: No
Listing Information
Status: Active
MLS #: 4336044
Listing Firm: Your Realty PRO Brokerage Services LLC
Listing Agent: Jordan Fenlason
Agent Email: jordan@yourrealty.pro

Market Insights

Beta
Gastonia is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
447 Active Listings
128 Sold (Last 90 Days)
10.5 mo Inventory
-
97%
List to Sale Price
Homes typically sell for 3% below list price.
~
75 days
Avg. Days on Market
Homes take around 75 days on average to sell.
$
$295,000
Median Sale Price
Based on 128 recent sales
Based on single family residential MLS data from the last 90 days Updated Mar 5, 2026

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$958
per month
Payment Breakdown
Principal & Interest $784
Property Tax (est.) $129
Insurance (est.) $45
Total Monthly $958

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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