559 Cimarron Drive, Fayetteville, NC 28303
- $140,000
- 3
- BD
- 3
- BA
- 1,711
- SqFt
- Sold Price
- $140,000
- List Price
- $170,000
- Closing Date
- Jul 30, 2026
- MLS#
- 760337
- Status
- CLOSED
- County
- Cumberland
- City
- Fayetteville
- Subdivision
- Ponderosa
- Bedrooms
- 3
- Bathrooms
- 3
- Half-baths
- 1
- Living Area
- 1,711
- Acres
- 0.56
- Property Subtype
- Single Family Residence
Property Description
Investor Opportunity – Cash-Flowing Property with Established Tenant. This 3-bedroom, 2.5-bath home presents an excellent opportunity for investors seeking immediate and reliable rental income. The property is currently occupied by a long-term tenant of 15 years, providing stability and peace of mind. The tenant is on a month-to-month lease and currently pays $1,315 per month, offering flexibility for future rent adjustments while maintaining consistent cash flow from day one. This home is ideal for investors looking for a turnkey rental property with proven occupancy and minimal transition risk. The established tenancy reflects strong rental desirability in the area, making this a solid addition to any portfolio.
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Additional Information
- Days on Market
- 111
- Year Built
- 1967
- Style
- Split Level
- Heating
- Central
- Garage Spaces
- 2
- Middle School
- Westover Middle School
- High School
- Westover Senior High
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Listing courtesy of THE PROPERTY EMPORIUM. Selling Office: NORTHGROUP REAL ESTATE.