Seller's Agent in 2022
Gary Espin
Espin Realty
(704) 241-4404
6 in this area
150 Total Sales
301 S Summey St Dallas, NC 28034
20
Beds
10
Baths
7,200
Sq Ft
1.74
Acres
Highlights
- Wood Flooring
- Living Room
- Laundry Room
- Cul-De-Sac
About This Home
As of August 2022Awesome investor opportunity in Dallas NC. Convenient location close to shopping and entertainment. 5 duplexes on 1.74 acres. Plenty of land to add more units! 9 out of 10 units were remodeled in 2020. Current annual rents are $103,200. Current rents are below market. Tenants are responsible for all utilities and all units have their own meters. All units have washer and dryer connections. Owners expenses: Annual property taxes - $4808, Annual insurance - $2070, Annual landscaping - $2590. Annual property management - $9288. Professional Property management in place and is willing to continue to manage should the new owner have interest. Approximate Cap rate 6.50%!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 1.74
Home Design
- Vinyl Siding
Interior Spaces
- 7,200 Sq Ft Home
- Living Room
- Crawl Space
- Laundry Room
Kitchen
- Oven
- Microwave
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Full Bathrooms
Schools
- Carr Elementary School
- W.C. Friday Middle School
- North Gaston High School
Additional Features
- Cul-De-Sac
- Heat Pump System
Community Details
- 10 Units
Listing and Financial Details
- Tenant pays for all utilities
- Rent includes exterior maintenance
- Assessor Parcel Number 132714
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $1,289,000 | -0.8% | $179 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $1,299,000 | 0.0% | $180 / Sq Ft |
| 01/15/2021 01/15/21 | Rented | $80 | -90.0% | -- |
| 12/17/2020 12/17/20 | For Rent | $800 | 0.0% | -- |
| 07/20/2020 07/20/20 | Sold | $582,000 | -6.9% | $81 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 06/04/2020 06/04/20 | For Sale | $625,000 | 0.0% | $87 / Sq Ft |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 05/27/2020 05/27/20 | For Sale | $625,000 | -- | $87 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Gary Espin
-
Gina Fritz
G
Buyer's Agent in 2022
Gina Fritz
SECU*RE Inc.
(919) 614-8258
3 in this area
54 Total Sales
-
Justina Espin
J
Seller Co-Listing Agent in 2021
Justina Espin
Espin Realty
(704) 957-7591
9 Total Sales
-
Cory Warren
Seller's Agent in 2020
Cory Warren
Highland Real Estate
(704) 477-9906
1 in this area
10 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3876260
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