1001-1003-1005 W Orange Street, Fayetteville, NC 28301

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Sold Price
$530,000
List Price
$549,000
Closing Date
Oct 01, 2026
MLS#
764580
Status
CLOSED
County
Cumberland
City
Fayetteville
Subdivision
Ramsey St
Property Subtype
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

Additional Information

Days on Market
104
Style
One Story
Stories
1
Cooling
Central Air, Electric, Window Unit(s)
Heating
Window Unit
Exterior Features
Corner Lot

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Listing courtesy of GRANT-MURRAY REAL ESTATE LLC.. Selling Office: GRANT-MURRAY REAL ESTATE LLC..