595 Betty St Gastonia, NC 28054

This exceptional investment opportunity presents a stabilized, nine-unit apartment building located at 595 Betty St, Gastonia, NC 28054. The property boasts a desirable 6.37% cap rate and comprises two one-story buildings situated on a 0.62-acre lot. Built in 1979 and extensively renovated in 2024, the complex features a mix of unit sizes: four two-bedroom/one-bathroom units and five one-bedroom/one-bathroom units. Seven units have undergone complete renovations, presenting a turnkey investment with immediate income potential. Exterior improvements include a new roof (2022), new windows throughout, and fresh paint, enhancing curb appeal and property value. The property's convenient location offers easy access to downtown Gastonia, the FUSE District, and US-74, providing proximity to retail and various amenities. A proven value-add plan is in place to renovate the remaining two units, further increasing rental income and overall property value. The total square footage is 5,712, and the asking price is $1,300,000. This property offers significant organic rent growth potential and represents a strong investment in a rapidly growing submarket of Charlotte. The property's APN is 112622.