





































Property Attributes
- ML#3652556
- TypePending
- CountyGASTON
- CityDallas
- AreaGaston County
- Zip28034
- Style
- Price$ 3,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage30488
- Lot Size22.52 Acres
Listing Provided Courtesy Of:
Keller Williams Select
Property Description
An incredible investment opportunity in the growing city of Dallas. Updated 33 unit complex composed of 3 SFH, 3 duplexes, 2 sixplexes, 1 fiveplex, 1 fourplex, and 1 triplex on 22.5 acres of land. There are 2 vacant parcels included that offer a unique opportunity for expansion. Some units are still below market rent but have been renovated and could immediately be increased. Gross rents are over $313K with the potential to reach $360K by simply increasing rent as leases expire. Currently at 100% occupancy with pre leases at market rent through 10/2020 & a wait list of qualified tenants. Newly installed playground and picnic area with room to add a dog park. Brand new roof on 205 Sams trail home and a new roof to be completed on 305 Sams Trail at sellers expense prior to sale. New HVAC systems on many units. Centrally located just 30 minutes to Charlotte, 15 Minutes to Gastonia and Lincolnton. Please do not disturb the tenants. Listing agent is to accompany all showings.
Elementary School | Middle School | High School |
---|---|---|
Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
Price History | |
---|---|
8/17/2020 | Listed $3,700,000 |
9/4/2020 | 15% - $3,150,000 |
General Features
Car Hoasubjectto | None |
---|---|
Community Features | Playground, Walking Trails |
Construction Materials | Brick, Brick Partial, Concrete, Shingle Siding, Vinyl Siding |
Construction Type | Site Built |
Elementary School | Unspecified |
Exterior Features | Outbuilding(s), Workshop |
Flooring | Carpet, Laminate, Tile, Vinyl, Vinyl |
Heating | Heat Pump, Heat Pump |
High School | Unspecified |
Middle/Junior High School | Unspecified |
New Construction | No |
Parking Features | Attached Garage, Carport - 2 Car, Garage - 2 Car, Parking Space - 4+, Other |
Property SubType | Multi-Family |
Property Type | Residential Income |
Sewer | Septic Installed |
Standard Status | Pending |
Structure Type | Apartments |
Total Units | 33 |
Interior Features
Laundry Features | Main Level |
---|
Exterior Features
Building Area Total | 30488 |
---|---|
Lot Size Area | 22.52 |
Water Source | Well |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool