1204 Iva Ave Gastonia, NC 28052

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.