Sold 7/1/14

2344 Gordon Rd
High Point, NC 27265

95 Bd   31 Ba   15,864 Sqft   164 Days
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.
  • $0 HOA
  • $95/Sqft
  • MLS#695068 provided by Thomas J Heslin of Berkshire Hathaway HomeServices Yost & Little Realty
  • Movoto last checked TRIAD MLS for new data 3 minutes ago
  • TRIAD MLS last updated this listing 3 months ago

Home Features for 2344 Gordon Road, High Point

Property Sub Type: Single
Story Number: 1
Built Information: Existing
Property Type: Residential
Lot Description: Partially Wooded, Rolling
Land Description: Rolling, Partially Wooded
Acres: 16.52
Lot Dimensions: MULTIPLE
Miscellaneous: Barns
Association: Greensboro
Interior
Total Bathrooms: 31
Full Bathrooms: 31
Bedrooms Total: 95
Exterior
Garage Description: None
Exterior Finish: Remarks
Amenities / Utilities
Heated Finished Main Sq Ft Range: 15864
Cooling: Remarks
Total Heated Finished Sq Ft: 15864
Heating: Remarks
Heating Fuel: Remarks
Total Heated Finished Sq Ft Rang: 15864
Heated Finished Sqft F Main: 15864
Water: Community/Subdivision, Public
Water Heater: Electric
Sewer: Public, Septic
Location
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.
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Property History for 2344 Gordon Road, High Point

Status
Date
Price
Sold
Jul 1, 2014
$1,500,000
Pending
Jun 10, 2014
Due Diligence Period
Jun 5, 2014
Listed
Jan 18, 2014
$1,650,000
#695068

Real Estate Market Statistics for 2344 Gordon Road, High Point

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2344 Gordon Road

No data!
Guilford County
High Point
27265
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.65M

2344 Gordon Road

$179K

27265

0% y/y

27265

$157K

High Point

-1% y/y

High Point

$189K

Guilford County

14% y/y

Guilford County

See all trends for High Point

Public Record for 2344 Gordon Road, High Point

3 Beds
2 Baths
3,410 Sqft Building Area
Single Family Residential
7.05 AC Lot Size
1922 Year Built
$600,000 Last Sale Price
04/03/2007 Last Sale Date
Siding (Alum/Vinyl) Exterior Walls
Forced air unit Heating
Y Fire Place
2344 Gordon Rd is a single family home located in 27265 in High Point, NC. It was last listed for $1,500,000, which is 733% above the current market median of $179,990 in 27265 and 852% above the market median of $157,550 in High Point. 2344 Gordon Rd is approximately 15,864 square feet, which is 683% above the median size in High Point of 2,026 Sqft and 673% above the median size in 27265 of 2,051 square feet. This property's price per Sqft was $95, which is 1% below the current median in 27265 of $96 and 3% above the High Point median of $92. As of today, , there are 235 properties listed for sale in ZIP code 27265 and 501 properties listed for sale in the city of High Point. Of those 501 properties, there are 421 single family houses and 80 condos.
Built in 1980, this 95-bedroom, 31-bathroom single family house at 2344 Gordon Rd, High Point NC, 27265 is approximately 15,864 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $95. 2344 Gordon Rd is located in the Guilford County School District. The closest school is T Wingate Andrews High School.

2344 Gordon Rd, High Point NC, 27265 was on the market for 164 days. The median days on the market for properties in this area is 91 with a median list price of $157,550 and median cost per square foot of $92. Its current status is sold under the MLS #695068.

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