3424 Summit Avenue
Greensboro, NC 27405
- – beds
- – baths
- 1962 build
- – on site
More homes
3424 Summit Avenue and 3429 Wichita Place. 10 units total, only one unit currently vacant 2 bedroom, 1 bath, living room, and kitchen. Wood floors. All brick ext, recent vinyl replacement windows. Metal roofs. Four buildings. Large lot. Strong rent roll with units renting between $725-$825 and existing gross rent over $81k per year. Room for upside by raising existing lower rents to market. Property extends from Summit Avenue across to Wichita Place. Tenants pay their own utilities. Over half the units are occupied by long term tenants. Do not approach tenants. Sold as is.
Last checked:
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Last updated Apr 11, 2024
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MLS# 1114393 —
The Building
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Year Built:1962
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Construction Materials:Brick
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Architectural Style:Garden
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Built Information:Existing
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# of Units Total:10
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Basement:false
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Total Heated Finished SqFt Range:0 - 0
Interior
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Flooring:Vinyl
Location
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Directions:Summit Ave past Cone Blvd., just before Rankin Rd.
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Latitude:36.12414
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Longitude:-79.761932
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Lot Features:Cleared
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Lot Size Dimensions:107 x 422 x 100 x 422
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Zoning:RM12
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Acres:-
Listing Agent
- Contact info:
- Agent phone:
- (336) 271-3020
- Office phone:
- (336) 271-3020
The Listing
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Special Listing Conditions:Owner Sale
Heating & Cooling
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Cooling:Wall Unit(s)
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Heating:See Remarks
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Heating Fuel:Electric
Utilities
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Sewer:Public Sewer
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Water Heater:Electric
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Water Source:Public
Appliances
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Appliances:Electric Water Heater
Schools
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Elementary School:Rankin
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Middle Or Junior School:Eastern Guilford
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High School:Eastern Guilford
The Community
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Pool:false
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Pool Features:None
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Association:false
Parking
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Parking Features:Gravel
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/19/23
Oct 19, 2023
|
Sold | TRIAD | $820,000 | -15.9% |
|
8/21/23
Aug 21, 2023
|
Pending | TRIAD | $975,000 | |
|
8/2/23
Aug 2, 2023
|
Listed / Active | TRIAD | $975,000 |
