1 of 18
Herramientas
Size
Financial
$472,000
Change Currency
Listing Details
Quadraplex
Tipo de inmueble
1952
Año de construcción
13300542
ID web
733204
ID de MLS
2
Days Posted
Descripción
1914 Millan Drive,
Fayetteville,
NC
28305
Fayetteville, NC 28305
1914 Millan Drive is a core investment multi-family opportunity located in the N. Fayetteville (Terry Sanford/Haymount) Submarket, one of Fayettevilles premier locations. The subject property (approx. 2,400 Sq. Ft.) is a well-maintained brick quadraplex (4-units) located on 0.43 acres at the end of a Haymount cul-de-sac. All units are 1 bedroom, 1 bathroom, living room, kitchen and laundry room. There is currently one (newly renovated) vacant unit, which compares very favorably to the market average. For that reason, the pro-forma outlook has a $43,800 gross operating income. Furthermore, the N. Fayetteville (Terry Sanford) submarket boasts a 6.4% avg. market cap rate and $1,024 avg. monthly rent for 1-bedroom units, leaving room here for value-add. This pristine quadraplex has been a valued investment and consistently improved. Unit #1 is vacant and recently renovated (rather than re-rented) for the purpose of showings. Units 2-4 are occupied by tenants (leases attached).
This is an Active listing.
Broker Office Phone Number: 910-483-5353
Copyright © 2024Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 910-483-5353
Copyright © 2024Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenidades
- Vinyl Flooring
- Hardwood Flooring
- Heat Pump
Historial de precios
date | price | variance | type |
---|---|---|---|
10/9/2024 | $472,000 | - | Listado |
Listing By: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE via Data Source: Longleaf Pine Realtors
agente de listado: MATTHEW BARRETT