c.1902 North Carolina Fixer Upper $55K
$55,000
This North Carolina fixer upper 2-bedroom, 1-bath home rests on a 0.17-acre lot, offering plenty of room for future enhancements or potential expansion projects.
Realtor Comments
This home is an excellent investment opportunity for those seeking a property with growth potential. The property offers great access to major highways, making it ideal for commuters. This century-old property could bring strong rental returns or resale value. Ready to schedule your tour today? PRICE IS FIRM
- 2bed
- 1bath
- Circa 1902
811 Vail Ave, High Point, NC 27260 $55,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Beatriz Guzman
Pros
1. Affordable Cost of Living
High Point boasts a cost of living approximately 13% lower than the national average, making it an attractive option for individuals and families seeking budget-friendly living. For instance, the average price for a three-bedroom home is around $130,610, and a two-bedroom apartment averages $730 per month .
2. Economic Opportunities
The city’s economy is diverse, with significant employment in manufacturing, healthcare, and retail sectors. Notably, High Point is renowned as the “Furniture Capital of the World,” hosting the High Point Market, which generates an economic impact of $6.73 billion annually .
3. Educational Institutions
High Point is home to several educational institutions, including High Point University, which has been recognized as the #1 Best-Run College in the nation by The Princeton Review . Additionally, the city is served by the Guilford County School System, encompassing 22 schools within High Point .
4. Public Transportation
The High Point Transit System offers fixed-route bus services, ADA complementary paratransit, and demand-responsive services for the elderly, enhancing mobility for residents .
❌ Cons
1. Elevated Crime Rates
High Point experiences higher crime rates compared to national averages. The violent crime rate stands at 4.4 per 1,000 residents, and the property crime rate is 25.13 per 1,000 residents, making it safer than only 10% of U.S. cities.
2. Economic Disparities
Despite economic growth, approximately 15.1% of High Point residents live below the poverty level, with a disproportionate impact on children under 18, where the poverty rate is 22% .
3. Limited Public Transportation Coverage
While public transportation exists, the coverage may not be comprehensive for all residents, potentially necessitating personal vehicles for certain commutes.
