1027 Cleveland Avenue
Gastonia, NC 28052

  • 14 beds
  • – baths
  • 5,837 sqft
  • ~3/4 acre lot
  • $52 per sqft
  • 1982 build
  • on site

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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.

Canopy MLS logo Listing courtesy of CMLS / Bottom Line Realty & Mgmt LLC

Last checked: Checking… • Last updated Jul 6, 2023 •

MLS# 3280317 —

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Sale history

Date Event Source Price % Change
10/13/17
Sold CMLS $306,000
11/29/13
Sold CMLS
3/30/12
Sold CMLS

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Multifamily Sold on 10/13/2017

$306,000

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Based on information submitted to the MLS GRID as of 5/13/2024 3:28 pm. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

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