This property is pending

$255,900

0.49 Acre Lot

504 Fairfield Road, High Point, North Carolina 27263

Residential Income Property Type
131 Days Time On Market
Gravel Cars Garage
1983 Year Built

Property Description

Welcome to 504 E. Fairfield Rd., a prime investment opportunity nestled in the heart of High Point and Archdale, NC This multifamily triplex offers an incredible investment prospect for discerning investors looking to capitalize on the thriving real estate market in the area. This well-maintained triplex features three units, offering a blend of convenience and comfort. Units A and B, each comprising 1 bedroom and 1 bathroom, are currently leased at $525 each, providing a steady and reliable income stream. Unit C, a spacious 2-bedroom, 1-bathroom dwelling, is rented for $650, adding to the overall profitability of the property. All units are currently leased, reflecting the high demand for housing in this location.

Basic Details

Property Type: Residential Income

Listing Type: For Sale

Listing ID: 1125955

Price: $255,900

Rooms: 0

Year Built: 1983

Acres: 0.49 Acre

Status: Active

Days On Market: 131

Property Sub Type: Triplex

Features

Heating System: Heat Pump, Electric

Cooling System: Central Air

Parking: Gravel

Appliances: Electric Water Heater

Address Map

State: NC

County: Guilford

City: High Point

Zipcode: 27263

StreetFairfield

Street Number504

Street SuffixRoad

Floor Number0

LongitudeW80° 1' 25.6''

LatitudeN35° 55' 25.1''

DirectionsFrom I-85 to NC 62 South. Take Right onto E Fairfield Rd. Triplex on left. Address on mailbox From Business 85 to South Main St. Left to East Fairfield Rd, Triplex building on Left. Address on mailbox

StreetDirPrefixE

Additional Info

BasementCrawl Space

Building Area Total0

Days On Market112

Elementary SchoolAllen Jay

High SchoolSouthern

Middle SchoolSouthern

MLS StatusActive

Sewer: Public Sewer

HOA Association Fee$0

Construction Materials: Brick, Wood Siding

Listing Terms: Cash, Conventional

Water SourcePublic

Annual Tax$1,437

Broker/Agent Info

Office NameAllen Tate High Point

Agent NameMiguel Carreno

BuyerAgencyCompensation3.00

BuyerAgencyCompensationType%

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