Stabilized rental with lease through 5/31/2026 — ideal low-entry investor play
Derived from listing page structured data
This compact 1930-built cottage at 1102 W Davidson Ave is a turn-key, income-producing opportunity minutes from Gastonia's revitalized downtown. Occupied by a long-term tenant through 5/31/2026 and producing $1,020 per month, the home delivers immediate cash flow for investors seeking a stabilized asset in a neighborhood experiencing palpable growth. With an asking price of $115,000 and an estimated price-per-square-foot of $165, this property is priced for investors who want steady returns now and upside with area redevelopment on the horizon.
The house contains two bedrooms and one full bath across 696 square feet — a manageable, low-maintenance footprint that appeals to renters and investors alike. Its 1930 construction gives the home vintage character and a straightforward renovation profile for those considering cosmetic upgrades or a value-add strategy down the line. The current tenancy preserves occupancy and income while leaving future options open: continue as a cash-flowing rental, renovate for higher rent, or reposition for resale as the neighborhood demand strengthens.
Location is a defining asset. The property sits within easy reach of the revitalized Downtown district, Franklin Boulevard retail corridors, and the FUSE District — all areas seeing new businesses and increased activity. Commuter routes and development corridors nearby broaden appeal for working professionals and small households seeking proximity to amenities without paying downtown premiums. The address makes this a logical addition to a diversified local portfolio or an investor’s first rental in Gastonia.
Practical metrics back up the story: listed at $115,000 with monthly rent of $1,020, the home produces a gross rental yield of roughly 10.6% before expenses. That performance, combined with a multi-year lease in place, reduces near-term risk while positioning the property to benefit from local appreciation. Investors should review lease details and local operating costs, but for those prioritizing stabilized income and neighborhood upside, 1102 W Davidson Ave represents a compelling, low-cost entry into a resurgent market.
Schedule a showing or request tenant details and financials through the listing agent. This is a quietly powerful little asset — affordable, income-producing, and situted in a corridor where new retail and redevelopment are reshaping demand.
1102 W Davidson Ave, Gastonia, NC, 28052
Gastonia’s W Davidson Avenue sits within a pocket of the city benefiting from targeted revitalization. Residents enjoy quick access to the Downtown district’s restaurants, coffee shops, and cultural venues, while Franklin Boulevard offers retail and everyday conveniences. The nearby FUSE District has been a catalyst for new businesses and foot traffic, creating a mixed-use feel that appeals to renters and buyers seeking proximity to amenities without big-city prices. This is a neighborhood in transition — practical, walkable, and increasingly attractive to investors and small households.
Good access to local parks, downtown walkways, and neighborhood streets for walking and biking; regional green spaces and recreational amenities are a short drive away.
This property sits at the intersection of income stability and neighborhood momentum. With a list price of $115,000 and an estimated midpoint valuation that matches the list, the asset offers predictable rents now and potential appreciation as Downtown Gastonia and nearby corridors continue to attract new businesses. The home is tenant-occupied through 5/31/2026, generating $1,020 per month (annual gross $12,240), which implies a gross rental yield of approximately 10.6% — an attractive starting point for investors looking to scale a portfolio or acquire an entry-level single-family rental.
Local narrative from the broker highlights increasing demand and ongoing development around Franklin Blvd and the FUSE District; that context supports the thesis that modest value-add or simply holding for cap appreciation could be rewarding. Single-family rentals in neighborhoods undergoing revitalization typically benefit from steady renter demand, and this stabilized occupancy reduces immediate vacancy risk. Prospective buyers should model operating expenses and potential cap-rate scenarios, but from a market standpoint this listing offers a low-cost, income-producing foothold in a market showing upward momentum.