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
  • Listed By: Thomas J Heslin
  • Movoto last checked TRIAD MLS for new data 2 minutes ago
  • TRIAD MLS last updated this listing 2 years ago
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Property History

Jul 1, 2014
Jun 10, 2014
Due Diligence Period
Jun 5, 2014
Jan 18, 2014

Public Record

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 ZIP code 27265 is a single family home that was last listed for $1,500,000. This is 782% above the current median of $170,000 for 27265 and 987% above the current median price of $138,000 for the city of High Point, NC. As of today, , there are 199 properties listed for sale in the 27265 area and 441 properties listed for sale in High Point. Of those 441 properties for sale, 370 are single family homes and 71 are condos. 2344 Gordon Rd is approximately 15,864 square feet, 758% above the High Point median of 1,850 and 653% above the 27265 ZIP code median of 2,106. The price per square foot was $95 which is 4% above the current median price in 27265 of $91 and 10% above the High Point median of $86 per square foot.
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 72 with a median list price of $138,000 and median cost per square foot of $86. Its current status is sold under the MLS #695068.

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