For Sale $120,000
Whether you are an investor or looking for a home for yourself this is an Opportunity to own a home with tons of potential that just needs a little work and elbow grease. Home is listed below tax value and below value of other homes on the street to reflect the needs of the home. Photo in pictures shows the value from the MLS of the homes on this street. Home is listed as a 2/1. There is another bathroom in the home but apparently no permits were pulled for this improvement There is also the potential for a 3rd bedroom but a window would need to be added. Foundation has been assessed and needs to be addressed by a professional. There is a freestanding garage/storage unit that seems to be falling in. Please do not go into this structure. HVAC and roof are thought to be 2017.
| List Price: | $120,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1100 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4366938 |
| Subdivision: | Linwood Park |
| Bathrooms: | 1 |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 02-03-2026 | Under Contract | $460,000 | $419 |
| 10-31-2025 | Price Decrease | $460,000-3.97% | $419 |
| 09-13-2025 | Price Decrease | $479,000-3.23% | $436 |
| 07-22-2025 | Listed | $495,000 | $450 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pleasant Ridge Elementary School | 0 miles | PK-05 | 2 |
| Webb Street School | 1 miles | PK-05 | N/A |
| Lingerfeldt Elementary School | 1 miles | PK-05 | 1 |
| Piedmont Community Charter School | 2 miles | KG-06 | 8 |
| Hershal H Beam Elementary School | 2 miles | PK-05 | 2 |
| Sherwood Elementary School | 3 miles | PK-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1040 East Drive, Gastonia NC | 0 mi | $120,000 | days | |
| 1028 East Drive, Gastonia NC | 0 mi | $190,000 | days | |
| 910 Linwood Road, Gastonia NC | 0.1 mi | $179,900 | days | |
| 908 Linwood Road, Gastonia NC | 0.1 mi | $144,900 | days | |
| 1116 East Drive, Gastonia NC | 0.1 mi | $217,500 | days | |
| 1232 Salvadore Court, Gastonia NC | 0.3 mi | $229,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Southern Homes of the Carolinas, Inc
1040 East Drive, Gastonia NC is a 1100 ft2 on a 0.270 acres Appraisal lot. This is for $120,000. This has 2 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2026-06-02 10:51:28 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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