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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1204 Iva Ave , Gastonia, NC 28052
$997,000
Est. Payment: $5,107.12/mo
22 Bed
8 Bath
7022 Sqft
Status: pending | Days on site: 71
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

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 $9,040 when fully occupied. Only one property is vacant and 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.

Highlights

Listed by Chris Felder , 704-307-8951 Metric Realty Company , 704-567-0906. Canopy MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.26

Year Built

1960

County

Gaston

Listing ID

4382471

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:22
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:7022
Below Ground Sq Ft:0
Water:City

Exterior Features

Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$5,107
Taxes
$636

Home Price

$997,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$199,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,107.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,107.12 $635.59 $0.00 $5,742.71
Yearly $61,285.44 $7,627.05 $0.00 $68,912.49
Total $1,838,563.28 $228,811.50 $0.00 $2,067,374.78

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Gastonia, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T16:15:07.000Z

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