Average square foot calculated using Size range provided by listing agent.
Description
Fantastic Investment Opportunity – Stabilized 11-Unit Apartment Building with Development Potential Whether you're expanding your rental portfolio or just getting started, this stabilized 11-unit apartment building offers strong potential. Located at 1903 E Ozark Ave (apartment address: 1909 E Ozark Ave), the property features ten 1-bedroom/1-bath units and one 2-bed/1-bath unit (Unit 3). Significant renovations were completed in 2022, including: Electrical upgrades, new heating units, interior updates (fresh paint, new flooring, and cabinetry). Exterior improvements (new board & batten siding, fascia, soffits, gutters, doors, and downspouts). Units 6, 8, and 9 have been fully remodeled. Additionally, the site includes three more addresses on the parcel —1903, 1905, and 1907 E Ozark Ave. According to the City of Gastonia Planning Department, these parcels are suitable for future multifamily or mixed-use development, offering added value and long-term growth potential.Show Description
MLS® Number4240796
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1935
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatDuctless, Electric, Heat Pump, Natural Gas
A/CDuctless, Window Unit(s)
Heating Fuel
Extras
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