$525,000
About this home
Income-producing investment portfolio consisting of two properties across three parcels with six current month-to-month leases. The single-family residence is rented by the room under four leases at $900, $700, $700 and $700 per month, while the duplex is leased at $1,300 per side. Total scheduled gross rent is $5,600 per month, with seller-reported net operating income of approximately $3,500 per month, or $42,000 annually, after operating expenses. Based on the $525,000 asking price, the property offers an approximate 8% cap rate. The month-to-month leases provide flexibility and may be converted to long-term leases by agreement with the tenants. This corner-lot assemblage also includes an additional vacant parcel that may offer future development potential, subject to zoning, permitting and governmental approvals. Excellent opportunity for immediate income with room for future growth..
Property details
- MLS #
- LP768563
- Property type
- Residential Income
- Subdivision
- N/A
- Status
- Active
- Days on market
- 26
- On market date
- August 29, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 581
- Student:teacher ratio
- 14.2:1
- District
- Cumberland County Schools
- Enrollment
- 243
- Student:teacher ratio
- 13.5:1
- District
- Cumberland County Schools
- Enrollment
- 246
- Student:teacher ratio
- 18.9:1
- District
- Cumberland County Schools
Walkability
Blended score for Fayetteville's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Fayetteville, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 21 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.