$530,000
$549,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1001-1003-1005 W Orange ST Fayetteville, NC 28301
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Ramsey St
MLS Listing ID 764580
Sold Date 10/01/26
Style One Story
HOA Y/N No
Property Sub-Type Apartment
Property Description
EXCELLENT OPPORTUNITY TO ACQUIRE A TURNKEY 6 PLEX. WELL LOCATED JUST OFF HWY 401, MLK FREEWAY AND ONE EXIT FROM HISTORIC DOWNTOWN FAYETTEVILLE, SEGRA STADIUM MUSEUMS, RESTAURANTS AND ATTRACTIONS. ENJOY 100% OCCUPANCY AND NO DEFERED MAINTENANCE DUE TO RECENT TOTAL RENOVATION TO INCLUDE:
-NEW ROOF
-REPLACMENT WINDOWS
-EXTERIOR PAINT
-MINI SPLITS
-CABINETRY/COUNTER TOPS
-FLOORING, LIGHTING AND MUCH MORE
PRESENT GROSS INCOME: $70,752 NET OPERATING INCOME: $52,260 OFFERING A STRONG 9.5 CAP RATE
IDEAL 1031 EXCHANGE PROPERTY WITH GOOD FINANCIALS AND MANAGEMENT. NO SHOWINGS UNLESS IN CONTRACT
NON CSS LISTING-CONTACT LIST AGENT DIRECT
Location
State NC
County Cumberland
Interior
Heating Window Unit
Cooling Central Air, Electric, Window Unit(s)
Flooring Luxury Vinyl, Luxury VinylPlank, Luxury VinylTile
Fireplace No
Exterior
Exterior Feature Corner Lot
Water Access Desc Public
Building
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Others
Tax ID 0437-59-4838
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with GRANT-MURRAY REAL ESTATE LLC.
