Investor Opportunity in Desirable and historic Loray Mill/ Fuse district!
Don’t miss this well-maintained mill house tucked away in a quiet neighborhood just behind the highly sought-after Loray Mill district. This 3-bedroom, 2-bath home blends classic charm with some more modern updates, making it an excellent addition to any investment portfolio.
The property features updated vinyl plank flooring throughout and has been very well cared for. Even better—this home is already income-producing with a one-year lease in place through April 2027, generating $1,550 per month in rental income.
Additional highlights include an extended concrete driveway, covered carport, and an HVAC system that appears to be relatively new—helping minimize near-term maintenance concerns.
Whether you’re a seasoned investor or just getting started, this is a turnkey opportunity with a reliable tenant already in place. Secure immediate cash flow in a growing and popular area of Gastonia!
Opportunities like this don’t come along often—act quickly!
82 days
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506
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32
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Zillow last checked:
Listing updated:
Listed by:
John R Bolinjohn.bolin@howardhannatate.com,
Howard Hanna Allen Tate Gastonia
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377228
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3
Primary bedroom
Level: Main
Bedroom s
Level: Main
Bedroom s
Level: Main
Bathroom full
Level: Main
Bathroom full
Level: Main
Breakfast
Level: Main
Den
Level: Main
Kitchen
Level: Main
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Appliances
Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.