Gastonia · Gastonia, NC
317 S Yates Street
Gastonia, NC · 896 sqft
$99,999
Reduced from $135,000
- 2Beds
- 1Baths
- 896SqFt
- 1940Year
- 36 x 102 x 38 x 97Lot
- 45Days on market
About this home
Back On Market! Reduced! Location! Location! Location! This two bedroom 1 full bath ranch house is located on a corner lot in an up and coming area of Gastonia. New construction is within walking distance of this parcel and they are selling for hundreds of thousands more than our list price. Property is currently vacant. Property is being sold "As Is". Seller will make no repairs. Structural issues were discovered in the lower level and will need to be addressed, hence, the drastic reduction from the original offering price. This is an excellent opportunity for an investor seeking to repair, renovate and reap the rewards via flipping the property once completed or renting to new tenants for long term cash flow. The additional square footage is located below grade is "non-livable" and only accessible via exterior rear crawl space door.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 896
- Lot
- 36 x 102 x 38 x 97
- Year built
- 1940
- Type
- Single Family
- Days on market
- 45
- Heating
- Floor Furnace
- Cooling
- Central Air
- Foundation
- Basement
- Flooring
- Vinyl
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$719/ month
- Principal & interest
- $619
- Property tax (~0.85%)
- $70
- Homeowners insurance
- $29
- HOA dues
- —
Down payment
$4,999 down · $94,999 financed
Income to qualify (28% rule)
~$30,828 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
Location
Gallery — 15 photos
About Gastonia
Gaston’s hub · I-85 access
The county seat and Christy’s busiest market by a wide margin — affordable single-family across Hudson Oaks, Southwood, and the FUSE District revitalization.
