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2344 Gordon Rd
High Point, NC 27265

95 Bd   31 Ba   15,864 Sqft
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.
  • Zipcode: 27265
  • Days on Movoto: 164
  • Year Built: 1980
  • HOA:
  • $/Sqft: $95
  • Lot: 16.52 Acres
  • Property Type: Single Family
  • MLS#: 695068
  • MLS:
  • Listing Office: Berkshire Hathaway HomeServices Yost & Little Realty
  • Listing Broker: Thomas J Heslin
  • Movoto last checked TRIAD for new data 6 minutes ago
  • TRIAD last updated this listing 2 years ago
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Property History for 2344 Gordon Rd, 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

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Public Record for 2344 Gordon Road, High Point

Basic Info
Beds : 3
Baths : 2
Building Area : 3,410 Sqft
Single Family Residential
Partial Baths :
Rooms :
Lot Size : 7.05 AC
Year Built : 1922
Last Sale Price : $600,000
Last Sale Date : 04/03/2007
House Features
2344 Gordon Rd in 27265 was last listed for $1,500,000. As of today, , this is 1077% above the current median price of $127,400 for the city of High Point, NC and 783% above the median of $169,900 for ZIP code 27265. Right now, there are 276 properties for sale in 27265 and 546 properties listed for sale in High Point. Those 546 properties are made up of 471 single family homes and 75 condos. The square footage of 2344 Gordon Rd is approximately 15,864, which is 757% above the median size of 1,852 Sqft in High Point and 693% above the median size of 2,000 Sqft in ZIP code 27265. This property's price per Sqft was $95, which is 4% above the current $91 median in 27265 and 13% above the $84 High Point median.

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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 for $1,650,000 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 83 with a median list price of $127,400 and median cost per square foot of $84. Its current status is sold under the MLS #695068.

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