405 W Harvie Avenue #A&B | Sinko Realty LLC
$850,000
Active NEW 0 days

405 W Harvie Avenue #A&B

Gastonia, NC, 28052

8 Bedrooms | 0 Bathrooms | 3,825 Sq Ft | 0.52 Acres
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Property Description

Fully occupied 4-unit investment property generating approximately $60,000+ in annual gross income.

The property consists of four units, all currently leased and providing immediate in-place cash flow. Recent capital improvements include a new roof, kitchen upgrades, and select unit renovations, reducing near-term capital expenditure needs. The most recently renovated unit is currently leased at $1,375, achieved during a softer leasing period, indicating potential for future rent growth as market conditions improve.

Strong rental demand in the area supports continued occupancy, with additional upside through rental optimization and improved operational efficiency. Ideal for investors seeking a stabilized asset with the ability to enhance returns over time.

Property Details

Property Type: Fourplex
Year Built: 1955
Living Area: 3,825 sq ft
Price / Sq Ft: $222
Lot Size: 0.52 acres
Bedrooms: 8
Bathrooms: 0
Subdivision: None
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Water: City
Sewer: Public Sewer
Foundation: Crawl Space, Other - See Remarks
Construction: Brick Full
Roof: Architectural Shingle
Laundry: Electric Dryer Hookup, Washer Hookup

Appliances

Electric Oven, Electric Range

Schools

Elementary: Gastonia Central
High: Ashley

Financial Information

List Price: $850,000
HOA: No
Listing Information
Status: Active
MLS #: 4358155
Listing Firm: Bhula Realty Group
Listing Agent: Roshan Bhula
Agent Email: roshan@bhulagroup.com

Estimated Monthly Payment

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Estimated Payment
$5,254
per month
Payment Breakdown
Principal & Interest $4,298
Property Tax (est.) $708
Insurance (est.) $248
Total Monthly $5,254

* 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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