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504 E Fairfield Road, High Point, NC 27263
$255,900
504 E Fairfield Road, High Point, NC 27263View this property at 504 E Fairfield Road, High Point, NC 27263
504 E Fairfield RoadHigh PointNC27263
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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.
Full Property Details
Full Property Details for 504 E Fairfield Rd
General
- Price: $255,900
- Taxes: $1,436
- Status: Active
- Type: Triplex
- MLS ID: 1125955
- Updated: 3/20/2024
- Added to Site: 159 day(s) ago
Interior
- Appliances: Electric Water Heater
Parking
- Parking Features: Gravel
Location
- County: Guilford
- Driving Directions: From 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
School Information
- Elementary School: Allen Jay
- Middle School: Southern
- High School: Southern
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick, Wood Siding
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.49
- Lot Features: Cleared
Financial Considerations
- Price Per Acre: $522,244.898
- Tax Amount: $1,436.93
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Lot Number: 6a
Listed by Allen Tate High Point
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Schools
Schools serving 504 E Fairfield Rd
School District:Guilford County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1311 E Springfield Rd, High Point, NC 27263 | PK-5 | 1.3 mi | |
5747 Drake Rd, Greensboro, NC 27406 | 6-8 | 7.1 mi | |
5700 Drake Rd, Greensboro, NC 27406 | 9-12 | 7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 E Fairfield Rd
Date
Details
Price
Change
Source
11/21/2023
Listed
$255,900
29.57%
MLS
10/05/2022
Sold
$197,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 504 E Fairfield Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,437
—
$134,300
-5%
2022
$1,437
-6%
$141,100
-5%
2021
$1,530
—
$148,900
—
2020
$1,530
—
$148,900
—
2019
$1,530
—
$148,900
—
2018
$1,530
2%
$148,900
—
2017
$1,502
38%
$148,900
41%
2016
$1,091
—
$105,600
—
2015
$1,092
-2%
$105,600
—
2014
$1,112
—
$105,600
—
2013
$1,116
—
$105,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 E Fairfield Rd
504 E Fairfield Road, High Point, NC 27263 (MLS# 1125955) is a Triplex property with 0 bedrooms and 0 full bathrooms. 504 E Fairfield Road is currently listed for $255,900 and was received on November 21, 2023. Want to learn more about 504 E Fairfield Road? Do you have questions about finding other Triplex real estate for sale in High Point? You can browse all High Point real estate or contact a Coldwell Banker agent to request more information.