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About This Home
This 22-bedroom, 8-bathroom residential multi family at 1204 Iva Avenue in Gastonia, NC is listed for $1,150,000. Built in 1960, on a 1.26 acres lot.
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 $9,464 when fully occupied.
Currently, 1204 Iva is vacant and ready to rent. Another property 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.
Key Features
- Built in 1960
- 1.26 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1204 Iva Avenue
Gastonia, NC 28052
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 22-bedroom, 8-bathroom residential multi family at 1204 Iva Avenue is listed at $1,150,000. The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 1.26 acre lot.
This property is listed by Chris Felder and can be reached at 7043078951 or chris@metricrealtycompany.com.