120 Robin Road

Gastonia NC 28056

0.36 ac.

Multi-Family

Currently for sale - view listing

Overview

Rare Multi-Family - Performing Short Term Rental Opportunity w/ approx. 12.13% CAP RATE! This 2 SFR home on 1 lot provides many opportunities! Currently utilized as a High Performing Short Term Rental, 113 Reese rents for $120-140/Night, meaning it can bring in ~$3,000/month! 113 Reese Street is freshly updated and is being offered with all furnishings included. Windows are all encased with moldings to give it that extra pop. 120 Robin Road was acquired with lease in place and is currently rented at $450/month - lease expires November 2022 and market rents are showing $750/month. The homes each have their own separate addresses - 120 Robin Road and 113 Reese Street. The opportunities are endless here - Live in one home, while renting out the other or rent both properties out as they currently are. NEW Architectural Roof on both 113 Reese & 120 Robin 2022 - no permits. NEW HVAC 113 Reese 2022- permitted. Please ask for list of all upgrades done. Listing Agent is owner of the property.