Description
5 Sgl Family Homes; 3 Duplexes; 1 TriPlex; 1 Quadplex: 10 Buildings/18 Units-All identical units, 2BR 1BATH. 1600 sq. ft. duplexes, 2400 sq. ft. triplexes, 3200 sq. ft. quadplexes. All built between 1997-2008.-3 BR 1 BATH houses built between 1997-2004. All built on slabs with either vinyl or cement siding, one story.-Self management from inception.-Current Gross Revenue $180,000/yr. 100% occupied. ***Rent increase to be implemented 12/25 which will boost Revenue to $212,400 for 2026.-2024 Taxes, Insurance, Repairs, Lawn Care $32,500.-No Rehabs, no vacancies as of 7/25-Some Tenants have been there over 15 years.-All trash picked up by the city.-Electric, water, & sewer (PWC) paid by Tenants.-All 1 year leases then Month to Month after.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Listing courtesy of COLDWELL BANKER ADVANTAGE - FAYETTEVILLE: . © 2025 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
5 Sgl Family Homes; 3 Duplexes; 1 TriPlex; 1 Quadplex: 10 Buildings/18 Units-All identical units, 2BR 1BATH. 1600 sq. ft. duplexes, 2400 sq. ft. triplexes, 3200 sq. ft. quadplexes. All built between 1997-2008.-3 BR 1 BATH houses built between 1997-2004. All built on slabs with either vinyl or cement siding, one story.-Self management from inception.-Current Gross Revenue $180,000/yr. 100% occupied. ***Rent increase to be implemented 12/25 which will boost Revenue to $212,400 for 2026.-2024 Taxes, Insurance, Repairs, Lawn Care $32,500.-No Rehabs, no vacancies as of 7/25-Some Tenants have been there over 15 years.-All trash picked up by the city.-Electric, water, & sewer (PWC) paid by Tenants.-All 1 year leases then Month to Month after.
©2025 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS,
Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-12-07T22:51:47.393.