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107 Drake St, Gastonia, NC, 28052

2beds
2baths
952sqft
$125,000
$131price/sqft
$995/moest. monthly cost
$39,800/yrincome needed

About This Home

Opportunity awaits at 107 Drake Street in Gastonia! This 960 sq ft single-family home is currently configured with two separate entrances and a shared laundry area, offering flexible living arrangements and strong rental potential. While not legally a duplex, the property has been converted from its original layout (previously a 3bd/2ba configuration) into a 2 bedroom, 2 bath setup, creating an ideal scenario for house hacking, multigenerational living, or income-producing use. One side is almost rent-ready, while the second unit needs some TLC to be fully marketable. The home also features a detached two-car garage, providing additional storage, workshop space, or added rental value. With some cosmetic updates, this property could truly shine as a cash-flowing investment, flip opportunity, or affordable owner-occupant home with income potential. Conveniently located near downtown Gastonia, shopping, dining, and just a short drive to the growing FUSE District and Loray Mill redevelopment area, this property sits in an area experiencing continued revitalization and growth. Being sold as-is. Don’t miss the chance to add value and maximize returns in an appreciating location.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
2/10
Hunter Huss High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 952

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless,Other

Interior Area

  • Total structure area: 952
  • Total interior livable area: 952 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 106576
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.20 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes