Positioned in Gastonia, this 5-unit multifamily property features five spacious 2BR/1BA units with washer/dryer hookups. The property is low maintenance with: individually metered utilities (water, electricity and gas), city trash pickup, and all units have central HVAC. With in-place rents below market and the opportunity to increase rental income through targeted capital improvements, the property offers a clear value-add strategy for investors. Located in a growing submarket with strong long-term housing demand, 1308 Linwood Rd presents an accessible entry point into multifamily ownership with meaningful upside.
Multi-familyProperty Type
1980Year Built
0.58 acresLot Size
$186Price/Sq.Ft.
Listed by Zach Britt• Britt Commercial Real Estate, LLC
Southwest Gastonia, located between Franklin Boulevard and the South Fork Catawba River, is a residential and commercial Gastonia neighborhood with mid-century ranch streetscapes and a river-and-greenway edge. The neighborhood’s character concentrates around the Franklin Blvd corridor near Cox Rd, where auto shops, local diners, and service storefronts set a practical, lived-in rhythm. Eastridge Mall serves as a long-running retail anchor, while Cavendish Brewing Company adds a small-batch, taproom counterpoint nearby. Housing trends toward brick one-stories and split-levels with deep lots, plus pockets of newer infill. Wilkinson Boulevard and I-85 shape the geography, keeping daily errands and regional drives straightforward. River-adjacent trails and ballfields add outdoor space without leaving the area.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Electric Range
Electric Water Heater
Refrigerator
Bedrooms
Five units, each a 2-bedroom
Kitchen
Kitchen appliances include an electric range and refrigerator
Laundry & utility
In-unit laundry
Heating & cooling
Central heating
Central air conditioning
Exterior features
Asphalt-paved driveway/roads
Publicly maintained road
Home design
Fiveplex residential income property
Site-built construction
Brick exterior
Parking
Parking lot
Construction
Built on crawl space foundation
Utilities
City water
Public sewer
Electric water heater
HOA & community
No HOA
Pets allowed with conditions
Financial info
Owner responsible for exterior maintenance
Tenants pay all utilities
Electricity and solar
View estimated energy costs and solar savings for this home
Four urban residential districts are hereby created: RS-20, RS-12, RS-8 and RMF. The RS-20, RS-12 and RS-8 districts are primarily geared towards single-family residential development with standard minimum lot sizes ranging from twenty thousand square feet in the RS-20 zone to eight thousand square feet in the RS-8 zone. The RMF district is geared towards multi-family residential development. These districts will most likely be found in the Urban Standards Overlay District and are served by public utilities. Higher densities than those normally allowed and a variety of different residential types may be accommodated in all zones through planned residential developments (PRD's), infill residential developments, and traditional neighborhood developments (TND's) and/or through the satisfaction of certain of certain performance design and construction criteria.
Permitted uses
Include but are not limited to:
Housing-Single unit
Library
Agriculture
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
5/10 Wind Factor
23% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Gastonia, NC • 28052
Average low and high temperatures (°F)
49
28
57
35
70
45
76
53
78
58
87
67
92
72
81
67
80
62
72
50
64
43
53
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Gastonia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1308 Linwood Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More