$1,681,415
$1,749,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
Multiple 18 UNITS on McIver & Italy St. ST Fayetteville, NC 28301
Key Details
Sold Price $1,681,415
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LP748351
Sold Date 04/21/26
HOA Y/N No
Property Sub-Type Quadruplex
Source Doorify MLS
Property 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.
Location
State NC
County Cumberland
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Not Available
Garage No
Building
Story One
New Construction No
Others
Tax ID See Exhibit A in TDesk
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