Sold
Last Sold Price
95 beds
2344 Gordon Rd, High Point, NC 27265
Single FamilyProperty Type
16.52 acresLot Size
1980Year Built
$95/sq ftPrice per sq ft

Description

Rental homes investment opportunity! This investment opportunity consists of three housing plots that are to be sold together - Plots 2344, 2406 and 2335 Gordon Road are the three properties. Consolidated, these three properties total 34 rental homes and associated service buildings. The occupancy rate has been in excess of 90% and the total annual Net Income from these homes is in excess of $160,000., in each of the last two years. The Cap Rate is in excess of 10%! Showing appointment required.Rental homes investment opportunity! This investment opportunity consists of three housing plots that are to be sold together - Plots 2344, 2406 and 2335 Gordon Road are the three properties. Consolidated, these three properties total 34 rental homes and associated service buildings. The occupancy rate has been in excess of 90% and the total annual Net Income from these homes is in excess of $160,000., in each of the last two years. The Cap Rate is in excess of 10%! Showing appointment required.
  • Listed by: Thomas J Heslin • Berkshire Hathaway Homeservices Yost & Little Realty
  • Listed by: Joseph Tomlinson • Berkshire Hathaway Homeservices Yost & Little Real
Listing closed: 07/01/2014 12:00 AM • Source: TRIAD, MLS#: 695068

Location

Listing Courtesy of Berkshire Hathaway Homeservices Yost & Little Realty; Berkshire Hathaway Homeservices Yost & Little Real

Sold By Berkshire Hathaway Homeservices Yost & Little Realty

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Payment Calculator

$9,647 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,624

Property Taxes

$2,022

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2344 Gordon Road

Property Details
  • Taxes: $24,267 / year
  • MLS Type: Residential / Single Family Residence
  • Flood Zone: Partial
  • Zoning: RS-12
Building Information
  • Year Built: 1980
  • Lot Size: 16.52 AC / 719,611 SF
Summary
Location and General Information
  • County Or Parish: Guilford
  • City: High Point
  • Directions: - NO SIGNAGE - DO NOT DRIVE INTO COMMUNITY WITHOUT AN APPOINTMENT - OWNER DOES NOT WANT TO ADVERTISE SALE TO TENNANTS. PLEASE CALL TOM HESLIN 336-456-0810 FOR SHOWING APPOINTMENT.
  • Latitude: 36.00107
  • Longitude: -79.982457
  • Postal Code: 27265
  • Postal Code Plus 4: 3919
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: 1.45%
  • Tax Annual Amount: $24,267.00
  • Tax Assessed Value: $1,667,400.00
  • Tax Legal Description: LOT B PB154-140 GORDON ROAD
  • Tax Year: 2013
  • Parcel Number: 0177272
  • Association: No
Parking
  • Garage Spaces: 0.0
  • Parking Features: No Garage
  • Garage Description: None
Property
Lot Information
  • Lot Features: City Lot, Rolling Slope, Partially Wooded
  • Lot Size Acres: 16.52
  • Above Grade Finished Area: 15864.0
  • Other Structures: Barns
  • Built Information: Existing
  • Heated Finished Main SqFt Range: 15864
  • Heated Finished Sqft F Main: 15864.0
  • Total Heated Finished SqFt Range: 15864
  • Unfinished Lower Level Sqft Range: 0
  • Unfinished SqFt Lower Level: 0.0
  • Water Source: Community/Subdivision, Public
  • Year Built: 1980
Property and Assessments
  • Photos Count: 11
  • Property Type: Residential
  • Deed Book: 4302, 6007
  • Deed Page: 1992,
  • PlatBook: 154
  • PlatPage: 140
  • Fixture Exception: No
Utilities
  • Heating Fuel: Remarks
  • Sewer: Public,Septic
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Elevator: No
  • Construction Materials: See Remarks
  • Levels: One
Interior Features
  • Appliances: Water Heater: Electric
  • Bathrooms Full: 31
  • Bathrooms Half: 0
  • Bathrooms Total Decimal: 31.0
  • Bathrooms Total Integer: 31
  • Bedrooms Total: 95
  • Cooling: Remarks
  • Fireplaces Total: 0
  • Heating: See Remarks, Remarks
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Main Level Bathrooms: 0
  • Full Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Rooms Total: 0.0
  • Primary On Main YN: No
Multi Family
Multi-Family Information
  • Number Of Units In Community: 0
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Existing Lease Type: Lease Information Available For Review.

Property History for 2344 Gordon Road

DateEvent & SourcePriceAppreciation
Jul 1, 2014

Sold

TRIAD #695068

$1,500,000
Jun 13, 2014

Expired

TRIAD #696722

Jun 2, 2014

Pending

TRIAD #695068

DateEvent & SourcePrice
07/01/2014

Sold

TRIAD #695068

$1,500,000
06/13/2014

Expired

TRIAD #696722

06/02/2014

Pending

TRIAD #695068

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2344 Gordon Road

This home is within Guilford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 11
Rating
School
Distance
Montlieu Academy of Technology
PublicPK to 5

Laurin Welborn Middle
Public6 to 8

T Wingate Andrews High School
Public9 to 12

Sylvia Mendez Newcomers School
Public3 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Homeservices Yost & Little Realty; Berkshire Hathaway Homeservices Yost & Little Real

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