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155 Old Fort Road, Fairview, NC 28730

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For Sale

$879,000

8 beds • 4 baths • 4 half baths • 4,281 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $205.33
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

Immerse yourself in a unique investment opportunity with this immaculately maintained 4-unit townhouse condominium complex. Perfectly situated in the picturesque community of Fairview, NC, this property promises not only a solid return on investment with a 7% cap rate at current rents and up to 9.3% at market rents but also significant room for expansion and development. Each unit has living room, kitchen, half bath, 1-car garage and laundry room on main level; 2 bedrooms 1 full bath upstairs. Unit 2 has been recently renovated with new kitchen appliances, cabinets and countertops. Each unit is designed for comfort with individual heat pumps for heating & AC, underground utilities, and maintenance-free living, from gutters to exterior paint. New well pump and water filtration system. Huge level 2.65 acre lot with Cabernet Sauvignon grape vineyard on site! Potential for development such as organic farm, vineyard expansion, mini storage, pavilion, barn, horses or livestock.
MLS# 4151760

Courtesy Of Keller Williams Professionals

(828) 254-7253

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Heat Pump
  • Lot Size
    2.65 Acres

Map and Directions

Directions to 155 Old Fort Road, Fairview, NC 28730

Home seller CENTURY 21 Connected

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connected

(828) 348-0222
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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