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$725,000
905 Baker Blvd, Gastonia, NC 28052
10 Beds
5 Baths
6,656 SqFt

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Great investment opportunity! Two buildings bringing two different streams of income. Multifamily: 5 units, 2b 1b, 803 sqft each. 4 of 5 units have been renovated, all units have new windows. Current rents are below market average - 950$/m per unit. Rents can be increased to 1200$/m per unit, considering condition and market rates. All units are leased out, all tenants have month to month leases. Tenants pay their own utilities, each unit has washer and dryer. Please DO NOT DISTURB THE TENANTS. Residential units will be available for showings during DD only. Convenience store: 2611 sqft commercial building with fully equipped commercial kitchen at the back (new equipment) and turnkey convenience store at the front. Store is currently closed due to personal reasons, but it was very successful when operating a few months ago.
  • Price:
  • $725,000
  • Bedrooms:
  • 10
  • Full Baths:
  • 5
  • Square Footage:
  • 6,656
  • Acreage:
  • 0.74
  • Year Built:
  • 1992
  • Listing ID #:
  • CAR3902609
  • Street Address:
  • 905 Baker Blvd
  • City:
  • Gastonia
  • State:
  • North Carolina
  • Postal Code:
  • 28052
  • County:
  • Gaston
  • Subdivision:
  • Jenkins Heights
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 6656
  • Construction Description:
  • Brick Partial
  • Construction Type:
  • Site Built
  • Flooring:
  • Carpet, Laminate, Linoleum
  • Foundation:
  • Basement
  • Number Of Units:
  • 5
  • Rent Includes:
  • See Remarks
  • Structure:
  • Fiveplex
  • Total Building Square Footage:
  • 6656
  • Year Built:
  • 1992
  • Lot Size:
  • 0.74
  • Zoning Description:
  • Ret01
  • Days On Market:
  • 90
  • Special Conditions Of Sale:
  • Subject To Lease
  • Terms:
  • Cash, Conventional
  • Parking Description:
  • Driveway
  • Existing Water:
  • Public
  • Heating:
  • See Remarks
  • Laundry:
  • In Kitchen
  • Sewage Type:
  • Public Sewer
  • Listing Provided By Keller Williams Connected
  • Listings courtesy of Canopy MLS as distributed by MLS GRID NCCANOPY
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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