504 East Fairfield Road

High Point, NC 27263

$255,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Miguel Carreno • Allen Tate High Point

Property Details for 504 East Fairfield Road

Flood Zone
Not in Flood Zone
Zoning
MULTI-FAMILY <4

Location

Listing Courtesy of Allen Tate High Point
Add your commute
LISTING UPDATED: 03/20/2024 06:06 PM

Property Details for 504 East Fairfield Road

StatusBack On Market
MLS #1125955
Days on Market110
Taxes$1,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1983
Lot Size0.49 AC / 21,344 SF
CountyGuilford County

Location

Listing Courtesy of Allen Tate High Point
Add your commute

Building Information for 504 East Fairfield Road

Stories-Residences3Year Built1983Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$1,516 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,397

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 East Fairfield Road

Summary
Location and General Information
  • County Or Parish: Guilford
  • City: High Point
  • 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
  • Latitude: 35.923641
  • Longitude: -79.976212
  • Postal Code: 27263
Taxes and HOA Information
  • List AOR: High Point
  • Tax Rate: 1.49%
  • Tax Annual Amount: $1,436.93
  • Tax Assessed Value: $141,100.00
  • Tax Legal Description: E FAIRFIELD R BAL IN 15
  • Tax Lot: 6a
  • Tax Year: 2023
  • Parcel Number: 7719029671
  • Association: No
Parking
  • Parking Features: Gravel
School Information
  • High School: Southern
  • Elementary School: Allen Jay
Property
Lot Information
  • Lot Features: Cleared
  • Lot Size Acres: 0.49
  • Built Information: Existing
  • Lot Number: 6a
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1983
Property and Assessments
  • Photos Count: 7
  • Property Type: Residential Income
  • Deed Book: 8667
  • Deed Page: 2882
  • Environmental Hazards: No
  • Documents Count: 2
Utilities
  • Heating Fuel: Electric
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Brick, Wood Siding
  • Accessibility Features: Accessible Parking
  • Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
Multi Family
Multi-Family Information
  • Total Units: 3
  • Number Of Units In Community: 3
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 3

Property History for 504 East Fairfield Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 504 East Fairfield Road

Taxable ValueLand$111,300Additions$23,000Total$134,300
Tax Record2023$1,437 ($120 / month)
Home Facts
Total Finished SqFt2,196 SqFtAbove Grade Finished SqFt2,196 SqFtStories1Lot Size21,344 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983ZoningOICountyGUILFORDAPN0179746

Schools near 504 East Fairfield Road

This home is within Guilford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Allen Jay Elementary School
PublicPK to 5

Southern Guilford Middle
Public6 to 8

Southern Guilford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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504 East Fairfield Road is a multi-family home for sale in High Point, NC 27263. This property was listed for sale on November 21, 2023 by Allen Tate High Point, it's currently listed at $255,900. It has been on the market for a total of 110 days and was last sold on October 10, 2022. This listing's school district is Guilford County School District. Nearby schools include Allen Jay Elementary School, Southern Guilford Middle and Southern Guilford High School. 504 East Fairfield Road is a 0-bed, 0-bath, multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allen Tate High Point

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