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$ 319,000
Est. payment /mo
Pending
117 and 119 Underwood ST Fayetteville, NC 28301
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Fayetteville
MLS Listing ID 751230
Style Two Story
HOA Y/N No
Year Built 2021
Property Sub-Type Duplex
Property Description
This stunning, new construction duplex built in 2021 offers a unique opportunity for savvy investors to generate significant positive cash flow. With two separate units, each renting for $1,285 (with potential for higher rent), this property is a goldmine for those looking to maximize their investment returns.
Key Features:
New Construction: Built in 2021, this duplex boasts modern amenities and sleek design. Positive Cash Flow: With heavy positive cash flow, this property is a smart investment for those looking to generate passive income. Rental Income Potential: Each unit currently rents for $1,285, with potential for higher rent, providing a significant source of income. Well Maintained: This property has been very well taken care of, ensuring a smooth transition for new owners.
Lease Details:
117 Underwood: Month-to-month lease
119 Underwood: Lease expires in April 2026
Unit Features:
2 bedrooms, 2.5 bathrooms (each side, 1296 sqft) Open floor kitchen - Living room - Fenced backyard
Showing and Inspection:
Showings and inspections can be arranged after going under contract and during the due diligence period. Please respect tenants' space and only schedule showings during this time.
Serious Inquiries Only:
If you're a serious investor looking for a turnkey opportunity, we'd love to hear from you.
NOTE: Please don't bother tenants- units will be available for inspections and viewing once offer is accepted.
Don't miss out on this exceptional investment opportunity! Contact us today to schedule a showing and take the first step towards building your investment portfolio.
Pics are from when we took over the property for property mgmt before securing tenants.
Key Features:
New Construction: Built in 2021, this duplex boasts modern amenities and sleek design. Positive Cash Flow: With heavy positive cash flow, this property is a smart investment for those looking to generate passive income. Rental Income Potential: Each unit currently rents for $1,285, with potential for higher rent, providing a significant source of income. Well Maintained: This property has been very well taken care of, ensuring a smooth transition for new owners.
Lease Details:
117 Underwood: Month-to-month lease
119 Underwood: Lease expires in April 2026
Unit Features:
2 bedrooms, 2.5 bathrooms (each side, 1296 sqft) Open floor kitchen - Living room - Fenced backyard
Showing and Inspection:
Showings and inspections can be arranged after going under contract and during the due diligence period. Please respect tenants' space and only schedule showings during this time.
Serious Inquiries Only:
If you're a serious investor looking for a turnkey opportunity, we'd love to hear from you.
NOTE: Please don't bother tenants- units will be available for inspections and viewing once offer is accepted.
Don't miss out on this exceptional investment opportunity! Contact us today to schedule a showing and take the first step towards building your investment portfolio.
Pics are from when we took over the property for property mgmt before securing tenants.
Location
State NC
County Cumberland
Interior
Heating Heat Pump
Cooling Central Air
Flooring Laminate, Vinyl, Carpet
Fireplace No
Laundry Main Level, In Unit
Exterior
Exterior Feature Fence
Fence Back Yard
Water Access Desc Public
Porch Covered, Porch
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Two Story
Level or Stories Two
Schools
Middle Schools Max Abbott Middle School
High Schools Terry Sanford Senior High
Others
Tax ID 0437-68-9059.000
Ownership More than a year
Acceptable Financing New Loan
Listing Terms New Loan
Special Listing Condition Standard
Listed by ACE REAL ESTATE
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