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.
Single-familyProperty Type
1980Year Built
16.52 acresLot Size
$112Est. Price/Sq.Ft.
Listed by Thomas Heslin• Berkshire Hathaway HomeServices Yost & Little Realty
Listed by Joseph Tomlinson• Berkshire Hathaway HomeServices Yost & Little Realty
Bought with Thomas Heslin• Berkshire Hathaway HomeServices Yost & Little Realty
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Single Family Residential
County
Guilford County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jan 10, 2024.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 0
Garage Description: None
Parking Features: No Garage
Interior
Bathroom Information
# of Bathrooms (Full): 31
# of Bathrooms (1/2): 0
Basement Information
Basement YN: No
Room Information
# of Rooms: 0
Exterior
Lot Information
Lot Features: City Lot, Rolling Slope, Partially Wooded
Lot Size Acres: 16.52
Lot Size Dimensions: MULTIPLE
Miscellaneous: Barns
Land Information
Land Description: Rolling, Partially Wooded
Water Source: Public
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Built Information: Existing
Year Built: 1980
Other Structures: Barn(s)
# of Fireplaces: 0
Appliances: Electric Water Heater
Building Information
Building Area Total: 15,864
Levels: One
Construction Materials: See Remarks
Financial
Tax Information
Tax Annual Amount: $24,267
Utilities
Utility Information
Sewer: Public Sewer, Septic Tank
Water Heater: Electric
Heating & Cooling
Cooling: Other
Heating: See Remarks
Heating Fuel: Remarks
Location
HOA Information
Association: Greensboro
Association YN: No
Location Details
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.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Guilford County
APN: —
Home facts updated by county records on Jan 10, 2024
Around this home
Schools
Montlieu Academy of Technology
Public PreK-5 • Assigned • 1.7mi
7/10
Laurin Welborn Middle
Public 6-8 • Assigned • 1.4mi
4/10
T Wingate Andrews High School
Public 9-12 • Assigned • 1.2mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
High Point, NC • 27265
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 9 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.69M – $2.04M
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