Welcome to an excellent addition to your real estate investment portfolio! This fantastic opportunity includes two charming houses nestled on a generous quarter-acre lot (902 & 904). The main residence (902) features three bedrooms, one bathroom, and spans 1,094 square feet. The second dwelling offers two bedrooms, one bathroom, with an approximate size of 1,000 square feet. The ARV for both properties is estimated at $269,000. Main house tenant occupied, but can be delivered vacant.
Located in a well-established neighborhood of Smyre, this investment opportunity is situated in an area with an extremely low current vacancy rate of 0.0%. This is significantly lower than 100.0% of all neighborhoods in the United States, highlighting the strong demand for property in Smyre and the limited supply of available housing. Adding these two properties to your portfolio promises ample opportunities for positive cash flow.
It's important to note that the seller's designated title company must be used for the transaction. We are not considering listings with real estate agents or creative financing options. This deal operates as an assignment and we are open to collaborating with buyer's agents to facilitate a smooth transaction process. Don't miss out on this promising real estate investment opportunity in Smyre!
Sold for $150,000
$150,000
902 Wellman St, Gastonia, NC 28054
3beds
1,904sqft
SingleFamily
Built in 1940
0.25 Acres Lot
$176,400 Zestimate®
$79/sqft
$1,633 Estimated rent
Home value
$176,400
$143,000 - $208,000
$1,633/mo
Zestimate® history
Owner options
List your home for rent
$1,633/mo
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$1,633/mo
Rent Zestimate®
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$977/mo
Est. payment
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$977/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Features
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,904 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.25 Acres
Details
- Parcel number: 136668
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Footing
- Roof: Composition
Condition
- Year built: 1940
Community & HOA
Location
- Region: Gastonia
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $185,150
- Annual tax amount: $1,979
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2024 | Sold | $150,000-14.3%$79/sqft |
Source: Public Record Report a problem | ||
| 11/9/2023 | Listed for sale | $175,000$92/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,979 | $185,150 |
| 2024 | $1,979 -1% | $185,150 |
| 2023 | $2,000 +72.9% | $185,150 +112.9% |
| 2022 | $1,157 -1.5% | $86,980 |
| 2021 | $1,174 | $86,980 |
| 2020 | $1,174 -0.7% | $86,980 |
| 2019 | $1,183 +68.4% | $86,980 +73.3% |
| 2018 | $703 -9.7% | $50,180 -9.7% |
| 2017 | $778 | $55,580 |
| 2016 | $778 | $55,580 -24.2% |
| 2014 | $778 | $73,293 |
| 2012 | -- | $73,293 |
| 2011 | -- | $73,293 |
| 2010 | -- | $73,293 |
| 2009 | -- | $73,293 |
| 2008 | -- | $73,293 -3.1% |
| 2007 | -- | $75,650 |
| 2006 | -- | $75,650 |
| 2005 | -- | $75,650 |
| 2004 | -- | $75,650 |
| 2003 | -- | $75,650 |
Find assessor info on the county website
Neighborhood: 28054
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Nearby schools
GreatSchools rating
- 5/10Gardner Park Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10W P Grier Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Ashbrook High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$176,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$176,400
- North Carolina
- Gaston County
- Gastonia
- 28054
- 902 Wellman St